President Trump suggested Sunday his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year, as public anxiety rises over his economic agenda. Trump has previously argued tariff revenue could replace income taxes, though economists have questioned those claims. “When tariffs cut in, many people’s income taxes will be substantially reduced, maybe even completely eliminated. Focus will be on people making less than $200,000 a year,” Trump said Sunday on his Truth Social network.
Trending
- Trump to sign executive order requiring truck drivers to speak English
- Five takeaways from White House on border and immigration at 100-day mark
- A Totally Not Unbiased Look at My Favorite Stories From the NFL Draft
- A Hollywood Veteran Breaks Ranks With the Woke Mob
- Vancouver car attack accused Adam Lo lived in house frequently visited by cops, his brother was killed last year
- Millions impacted after multination blackout hits southern Europe​
- Trump’s mixed signals on running in 2028: ‘Not something I’m looking to do’
- ‘Will never be the 51st state’: Conservative Party leader Pierre Poilievre urges Donald Trump to ‘stay out of Canada’s election’