This episode unpacks the rumors and facts surrounding the potential abolition of the IRS and the introduction of the External Revenue Service (ERS) by the Trump administration. It clarifies misconceptions about how tariffs work, their impact on everyday costs, the limitations of replacing income taxes with tariffs, and the potential economic implications. Viewers are urged to reconsider delaying their tax filings based on these changes and to stay informed about the upcoming announcement on April 2nd, dubbed American Liberation Day.

Learn more about your ad choices. Visit megaphone.fm/adchoices