Thursday, July 18, 2024

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    Income Tax Out, Tariffs In? Trump’s Bold New Proposal!

    Former President Donald Trump has an idea that is going to be music to the ears of many Americans as he wants to eliminate income tax.

    The president and Republican lawmakers have an “all tariff policy” that would replace income tax if implemented, CNBC reported.

    “He does want to look at lowering the income tax, and that could be offset and paid for by some type of tariffs, particularly on adversarial nations,” New York  Republican Rep. Nicole Malliotakis said.

    “President Trump says ‘this is an idea, but I’d love to raise tariffs’ and then he said, ‘and maybe even no income taxes on Americans.’ Everyone was clapping in the room,” Georgia Republican Rep. Marjorie Taylor Greene said. “I think that’s a fantastic idea.”

    “Republicans who are free trade realize there has to be a balance,” Texas Republican Rep. Jodey Arrington said. “Trump’s message on tariffs has been embraced.”


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