Former President Donald Trump has proposed several significant tax policy changes during recent meetings with GOP lawmakers and top CEOs. He emphasized a plan to exempt income earned from tips from federal taxes, a move that has garnered positive feedback from various quarters. Trump also floated the idea of eliminating the income tax entirely, potentially replacing it with tariffs and a 20% corporate tax rate. These proposals were discussed during a Business Roundtable meeting in Las Vegas, where Trump aimed to win over corporate leaders with promises of tax cuts and reduced regulations. Additionally, Trump announced this plan during a visit to Capitol Hill. Rep. Thomas Massie plans to re-introduce Ron Paul's original Tax Free Tips Act to support this initiative. However, reports indicate mixed reactions from the CEOs, with some describing his presentation as unfocused and meandering.
Trump’s tax proposal to replacing a major amount of income-tax revenue with tariffs is a prescription for the mother of all stagflations. It burdens the middle class and the poor who purchase goods on international markets. It would also create worldwide economic warfare. The…
"When I get to office we are going to not charge taxes on tips," Trump said at a recent rally in Las Vegas. Even if this is nothing more than empty pandering, it's an idea that deserves to be taken seriously. https://t.co/M7DyDn7xS7
Top CEOs Are Flocking to Trump Again in Bid to Shape Agenda - WSJ https://t.co/t7mJCl40zS
Trump Reportedly Couldn't Keep A 'Thought Straight' In CEO Meeting: 'All Over The Map' https://t.co/iEpAhfCgBO
‘BUNCH OF BS’: ATTENDEE AT TRUMP’S CEO MEETING REFUTES MEDIA REPORTS Former President Donald Trump delivered a “focused” pitch to America’s top CEOs and received a loud ovation at the conclusion of his Business Roundtable remarks Thursday, an attendee at the meeting told The… https://t.co/bRA2ktHSSI
Coates: Some of the words that were used by CEO’s to describe Trump after meeting with him: meandering, all over the map, doesn't know what he's talking about, could not keep a straight thought. https://t.co/0y6ZGkTVbR
Reporter: I just spoke to a number of CEOs who met with Donald Trump. They thought they may support him at first, but they walked out of the meeting saying he was remarkably meandering, could not keep a straight thought, and was all over the map https://t.co/M6rx7i4zX0
CEOs are flocking to meet Trump, just like in 2016. They may not like him but they want a seat at the table when he makes policy. https://t.co/rJ5yR5BZBo https://t.co/rJ5yR5BZBo
A few notes on the math behind Trump’s scheme to replace income taxes with tariffs https://t.co/8ngjQB0Key
"VOTE FOR TRUMP BECAUSE THERE'S NO TAX ON TIPS." - President Trump. Watch our complete coverage of President Trump's speech here: https://t.co/VwE1k0FuxS https://t.co/0hJWAhl7ua
Before Donald Trump, @RonPaul campaigned on eliminating taxes on tips If Donald Trump wants to win over libertarians, he should take more of Ron Paul’s plans from this video: https://t.co/xkpVAN3gWV
President Trump pledges to make tax cuts permanent, reduce rates further, eliminate taxes on tips during second term https://t.co/FAzugw8uUL
This is marvelous @RepThomasMassie introduced a bill originally thought up by @RonPaul to End The Fed 😍 Now Massie is introducing Ron Paul’s Tax Free Tips Act, to remove taxes being collected from tips! Idc who you are or where you come from, if you don’t rank Thomas Massie… https://t.co/11j1mmEeFn
BREAKING: Rep. Thomas Massie to re-introduce Ron Paul’s original ‘Tax Free Tips Act', which aims at eliminating taxes on tips.
BREAKING: Rep. Thomas Massie will be re-introducing Ron Paul’s original ‘Tax Free Tips Act’ next week which aims at eliminating taxes on tips.
Trump says if he's elected he would eliminate US income tax! This would be revolutionary and was what America was supposed to be. Do you think this is even possible?
“Why don't we get rid of all taxes on tips?” Ron Paul went after the bartender vote in his 2008 and 2012 presidential races. Before Donald Trump’s recent announcement that he would end taxes on tips, @RonPaul proposed a bill that would do just that. #RonPaulWasRight Dr. Paul… https://t.co/A2mBxwTtIe
“Why don't we get rid of all taxes on tips?” Ron Paul went after the bartender vote in his 2008 and 2012 presidential races. Before Donald Trump’s recent announcement that he would end taxes on tips, @RonPaul proposed a bill that would do just that. Dr. Paul with @Judgenap: https://t.co/p3r9Hi21VO
Trump’s habitual incoherence caught top CEOs by surprise https://t.co/q2jDpSFRpp
Former President Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable’s quarterly meeting, multiple attendees told CNBC. https://t.co/8wUjPjlUWy https://t.co/1VLTELTlNt
Really, Trump’s proposal to replace income taxes with tariffs was…bizarre. He has no clue how business and finance actually works, how our banking system works, how fiscal policy works, how global trade works. https://t.co/EAE18kGwK3
BREAKING: Rep. Thomas Massie is introducing a bill next week to eliminate taxes on tips.
This week Trump suggested we shouldn’t tax tips. He’s right. Next week I’ll be re-introducing @RonPaul’s original Tax Free Tips Act to eliminate taxes on tips! https://t.co/36sh7wW36t
NBC claims “Former President Trump failed to impress everyone in a room full of top CEOs at the Business Roundtable’s quarterly meeting, multiple attendees tell CNBC.” https://t.co/pskTL3y3vF
Former President Trump failed to impress everyone in a room full of top CEOs at the Business Roundtable’s quarterly meeting, multiple attendees tell CNBC. https://t.co/UFSTY0k3ug
Donald Trump aims to entice CEOs with lucrative tax cuts while Biden wants to win them over by vowing to maintain stability. https://t.co/mur6ayxwoq
After meeting with House Republicans, Mr. Trump will attend a gathering of the Business Roundtable, an association of more than chief executive officers from America’s top companies. https://t.co/NrWD3L525w
Trump's Call for Tax-Free Tips Backed by Customers Posting Checks https://t.co/l93wDzKFt3
Trump tells a room of dozens of corporate executives how he wants to further cut corporate taxes. He mentions he also wants to cut taxes on tipped wages, prompting laughter. https://t.co/EPoyx8LLva
President Trump Floats Idea of Abolishing Income Taxes and Replacing the Primary Government Revenue Source with Tariffs & 20% Corporate Tax Rate in Washington, DC Meeting with CEOs https://t.co/xMzAr67IUC https://t.co/6VYyy1GSjO
Donald Trump is dangling tax cuts and less red tape to win over top CEOs https://t.co/Iu2hilzszb
What Trump told CEOs in their private meeting - CNBC https://t.co/9GYT2Rwfa3
Trump and White House chief of staff Jeff Zients offered America's top CEOs competing visions in separate appearances before the powerful Business Roundtable yesterday. Here's a rundown of their pitches. https://t.co/kRELS4VUtx
Trump Proposes TOTALLY Scrapping Income Tax. Here’s How It Would Work… Former President Donald J. Trump—the presumptive 2024 Republican presidential nominee—suggested during a private meeting with Republican lawmakers on Capitol Hill on Thursday that he’d consider replacing the… https://t.co/tOcH5pL37h
Trump Floats One Weird Idea To Replace The U.S. Income Tax https://t.co/iGbSXz7bVp
Trump floats replacing income tax with tariffs: GOP lawmaker https://t.co/SG7WrNC15v https://t.co/Wyq5tYF23G
🚨Donald Trump Vows To Eliminate Income Tax If Elected President. 🇦🇪Dubai has done the same thing and had great success
#Trump meeting with 80 CEOs is great news. Here’s the problem 1. He had the CEO round table early one in Term 1. It looked like a mega board room vs DC shit show. Yet he over time alienated every one of them and it fell apart. Whats he offering this time? 1/2
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
Trump speaks about new tax policy of not taxing tips for service workers. This is going to make him very competitive with younger voters. 🔊 https://t.co/qxPKmGWmv4
DO IT PRESIDENT TRUMP!!!! ELIMINATE THE INCOME TAX!!!
Donald Trump promises to cut taxes and regulations in pitch to top US CEOs @FT scoopsters @arogDC @stephengandel and @AntoineGara, among others, get inside the room for Trump’s big meeting today with US corporate bosses https://t.co/VkvdgoU09o
REPORT: Trump Floated Proposal To ELIMINATE Income Tax During GOP Meeting https://t.co/mc9nfe9QvK
⚠️ELECTION NEWS: TRUMP FLOATS THE IDEA OF ABOLOSHING THE INCOME TAX FOR ALL AMERICANS https://t.co/ArZ8G5Jv4k
Trump floats 20% corporate tax rate in DC meeting with CEOs: report https://t.co/p9yt3QuApy https://t.co/ano1w7bUtX
Former President Donald Trump touted a wide range of familiar policy ideas during his visit to Capitol Hill on Thursday, but GOP lawmakers said he especially emphasized his new plan to exempt income earned from tips from federal taxes. https://t.co/hKxZeRJYvm