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Market
What will be the primary revenue collection method of the ERS by June 30, 2025?
2
Resolution / Starting Odds
Tariffs • 25%
Duties • 25%
Export Fees • 25%
Other • 25%
Official government announcements or ERS policy documents
Story
Trump to Launch External Revenue Service on January 20 to Collect Tariffs from Foreign Sources
Jan 14, 2025, 04:57 PM
President-elect Donald Trump announced plans to create a new department called the External Revenue Service (ERS) to collect tariffs, duties, and all revenue from foreign sources. Set to commence on January 20, 2025, the ERS aims to shift the tax burden away from American citizens by focusing on revenue collection from foreign entities. "For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS)," Trump stated. "We will begin charging those that make money off of us with trade, and they will start paying, finally, their fair share." The establishment of the ERS indicates a move towards imposing tariffs and duties on foreign imports to generate revenue.
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Tariffs on China • 25%
Other • 25%
Tariffs on European Union • 25%
No • 50%
Yes • 50%
$100 billion to $200 billion • 25%
Less than $100 billion • 25%
More than $300 billion • 25%
$200 billion to $300 billion • 25%
Corporate tax • 25%
Other • 25%
Consumption tax • 25%
Income tax • 25%
U.S. production capabilities • 25%
National defense • 25%
No redirection • 25%
Other • 25%
Debit Card • 25%
Other • 25%
Direct Deposit • 25%
Paper Check • 25%
Direct Deposit • 25%
Other • 25%
Debit Card • 25%
Paper Check • 25%
Mostly Direct Deposit • 25%
Mostly Paper Check • 25%
Evenly Split • 25%
Other • 25%