Trump Introduces ERS: Ending Income Tax as We Know It? | Mark Moss

Jan 21, 2025

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What if I told you income tax, as we know it, could disappear forever? That’s exactly what President-elect Donald Trump is suggesting with his groundbreaking announcement of the External Revenue Service—a plan to stop taxing Americans and start collecting revenue from foreign trade instead. This isn’t just a small tweak, but rather a complete rewrite of the U.S. taxation system that could be the solution to freeing Americans from income tax, and… it’s not just some crazy idea, its actually taking things back to how they were in the past. In this video, I will break down: the details of Trump’s ERS proposal, what this would mean for the US and the rest of the world, and… what the probability of something like this going through is and what to expect. So stick around—this could be one of the most important financial shifts of our lifetime. 0:00 Intro 1:03 I/E Revenue Service 3:54 Historical Precedence 7:30 Not Just History 13:48 Potential Shocks 17:04 Probability? 20:19 For Us…

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