Is Trump Getting Rid of the Income Tax? New Tariff Plan Could Replace Taxes — But Does the Math Work?
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最新报道：President Donald Trump claims tariffs could eliminate income taxes for most Americans, though economists dispute this. Tax Foundation experts note tariffs currently generate only 1/27th of income tax revenue, and Trump's proposed 2025 tariffs would cover less than 25% of the cost of eliminating taxes for households under $200,000. The plan, part of the Republican-backed Project 2025, could shift federal funding toward consumption taxes and reduce IRS enforcement. Such a policy shift might increase deficits and boost crypto's appeal as a hedge against fiscal uncertainty.
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