Trump wants no taxes on people making below $150,000 annually, Lutnick tells CBS
- Commerce Secretary Howard Lutnick stated that President Donald Trump's goal is to eliminate taxes for individuals earning less than $150,000 annually.
- Lutnick mentioned potential tax strategies, including abolishing tax on tips and implementing tariffs on foreign nations.
- In 2022, around 93 percent of Americans aged 15 and over earned less than $150,000, according to the U.S. Census Bureau.
- Trump proposed significant tax cuts, claiming they would stimulate the economy and that taxation should focus on foreign entities instead of U.S. Citizens.
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40 Articles
40 Articles
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Left
5
Center
6
Right
13
Coverage Details
Total News Sources40
Leaning Left5Leaning Right13Center6Last UpdatedBias Distribution54% Right
Bias Distribution
- 54% of the sources lean Right
54% Right
L 21%
C 25%
R 54%
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