Trump says he’s creating ‘External Revenue Service’ for tariffs

President-elect Trump said Tuesday he wanted to create an “External Revenue Service” to collect tariffs and other revenue from foreign countries, comparing it to the Internal Revenue Service (IRS), which collects taxes from Americans. “For far too long, we have relied on taxing our Great People using the Internal Revenue Service (IRS). Through soft and…

U.S. Oil Production Is Booming. Oil Jobs Are Not.

The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago.