Income tax U.S.

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President Trump suggested the U.S. could significantly cut or even eliminate federal income tax by relying entirely on tariff revenue. He claimed tariffs could eventually replace traditional tax collections, though no detailed plan or timeline was provided. The proposal aligns with his push to make tariffs a primary revenue source and even includes the idea of a $2,000 “tariff dividend,” but it would require extremely high trade tariffs to work.


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Income tax U.S.


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