Americans may not have to pay income taxes anymore if Donald Trump...

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2025-01-30 00:16:35

Tariff's not income taxes - https://economictimes.indiatimes.com/news/international/global-trends/americans-may-not-have-to-pay-income-taxes-anymore-if-donald-trump-gets-his-way-heres-what-the-us-president-wants/articleshow/117689713.cms?from=mdr&fbclid=IwY2xjawIHoXxleHRuA2FlbQIxMQABHdP5cXKvC0vPUBRnfgBtzPsUn4B-CMQ7J2_Ho67RVAJesmEVn32u75NHSA_aem_yIjG3TIM91eQ6lpOpkiSmQ

ECONOMICTIMES.INDIATIMES.COM

Americans may not have to pay income taxes anymore if Donald Trump gets his way. Here's what the US president wants

Donald Trump proposes eliminating income tax in favor of a tariff-centric economic policy to increase American wealth. He cites the success of a similar system from 1870-1913. Trump suggests creating a new agency called External Revenue Service to manage tariffs and foreign revenue, addressing concerns about the current taxation systems impact on citizens.

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