Trump has reportedly proposed replacing the IRS with an External Revenue Service focused on tariffs, and selling $5 million citizenship cards to wealthy foreigners. The speaker claims even modest sales could erase the federal deficit.
Donald Trump has said, right when he took office, he was talking about how the IRS should be eliminated and it should be replaced with the External Revenue Service. You know, we've got this Internal Revenue Service, but why not have an External Revenue Service? I've never heard him say it, but I've called it the ers, right. And what he's talking about is tariffs mainly. But he just announced another amazing huge revenue stream that would be an absolute game changer for the country. We've talked before about golden Visa programs and migration by investment programs, but why doesn't the US Have a program like this? Well, Trump wants to create one and it's called the Gold Card program where basically the US would sell these gold cards to wealthy foreigners for $5 million. If you just sell a small number of these, you could easily eliminate the deficit. And if you sell a bigger number of these, you could eliminate the national debt entirely.
