Skip to main content
See every side of every news story
Published loading...Updated

Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

  • Donald Trump proposed replacing the federal income tax with tariffs on imports, as mentioned by Representatives Thomas Massie and Marjorie Taylor Greene.
  • Trump discussed implementing tariff hikes, extending 2017 tax cuts, and creating a tax exemption for tipped wages during a meeting with House Republicans in Washington.
  • Implementing tariff increases to offset income taxes may be challenging since the US collects more revenue from individual levies than from imported goods.
Insights by Ground AI

23 Articles

Hawaii Tribune-HeraldHawaii Tribune-Herald
+4 Reposted by 4 other sources
Center

Trump talks tariffs and taxes, calls Republican host city ‘horrible’ - Hawaii Tribune-Herald

WASHINGTON — Donald Trump criticized U.S. aid to Ukraine and suggested raising tariffs to replace the U.S. income tax on a Thursday visit to Capitol Hill where he also called the city hosting his party’s presidential convention “horrible.”

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 41% of the sources are Center
41% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Live Mint broke the news in New Delhi, India on Thursday, June 13, 2024.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal