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Trump teases 0% income tax funded by tariffs, but does the math work?
President Trump has floated a dramatic idea: wipe out federal income taxes for individuals and make up the lost money by ...
President Donald Trump is yet again pitching a radical idea: replacing the federal income tax with revenue from tariffs. In a recent interview, Trump said there is "a chance" that tariffs alone could ...
ATLANTA — A Senate study committee wants Georgia to eliminate the state income tax, and it thinks it has found a way to do that over the next six years. But state Democrats, and some Republicans, ...
Fox Contributor Questions Trump’s Plan to Eliminate Income Tax: ‘The Math Doesn’t Really Work There’
On Friday, Fox News contributor James Freeman questioned President Donald Trump’s proposed plan to “almost completely” eliminate income tax, saying, “The math doesn’t really work there.” Freeman, also ...
President Trump keeps suggesting that tariffs can replace income taxes for most Americans. One big problem: The math doesn't work. Wall Street Journal tax policy reporter Richard Rubin presents four ...
PolitiFact | The federal income tax brought in about $2.4 trillion in 2024, which is more than 14 times what Trump’s second-term tariffs are generating. President Donald Trump listens during a Cabinet ...
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