Former President Donald Trump has proposed a series of tax reforms, including the abolition of income tax for all Americans and a reduction in corporate taxes. Trump, speaking in Las Vegas, NV, also announced plans to eliminate taxes on tips in the service industry. The proposal has received positive feedback from some quarters, with suggestions that replacing income taxes with tariffs could incentivize American innovation and on-shoring.
Trump Gets Positive Feedback After Floating Proposal of Eliminating Income Tax https://t.co/wWDrFbmdIh
President Trump Announced In Las Vegas, NV that he plans to eliminate taxes on tips in the service industry. The media will try to censor his pledge! Spread the word!! Watch #RootReaction with @RealWayneRoot here: https://t.co/14IJxaJgzk https://t.co/XOWc2TdksC
Don’t get me wrong, this is not an endorsement of trump’s character, but I actually think getting rid of income tax and replacing it with tariffs would align incentives for American innovation and on-shoring. https://t.co/XCBJSZ89yg
Trump offers CEOs a cut to corporate taxes. Biden's team touts his support for global alliances https://t.co/FnXbeOBz3i
Today's policy salad from Donald Trump included the wacky idea of replacing income taxes with tariffs @JNicholsonInDC reports https://t.co/dB20OQntxm
⚠️ELECTION NEWS: TRUMP FLOATS THE IDEA OF ABOLOSHING THE INCOME TAX FOR ALL AMERICANS https://t.co/ArZ8G5Jv4k