Donald Trump Proposes Replacing Income Tax with Revenue from Import Tariffs – Knowhere News
- Former President Donald Trump suggested replacing income taxes with funds from import duties.
- He suggested the U.S. Revert to its historical reliance on tariffs.
- Trump also proposed transferring violent offenders from the U.S. To prisons in El Salvador.
- Trump claimed tariffs could generate "RECORD NUMBERS," citing figures up to "$3 billion a day."
- These proposals have drawn mixed responses and raised economic and legal concerns.
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4 Articles
Donald Trump Proposes Replacing Income Tax with Revenue from Import Tariffs – Knowhere News
Former U.S. President Donald Trump has made headlines once again with his latest remarks about overhauling the American tax system and tackling crime. Speaking at multiple public events, Trump proposed replacing income taxes with revenue generated from tariffs and floated the idea of sending violent criminals to prisons in El Salvador. Trump Wants Tariffs to Replace Income Taxes During a recent speech, Trump claimed that tariffs — taxes on impor…
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