Trump Hints That Income Tax Could Be Abolished In ‘Not-Too-Distant’ Future

[NewsBot]

President Donald Trump signaled Tuesday that the federal income tax system may face a dramatic overhaul in the coming years, telling his cabinet that soaring tariff revenue is reshaping the government’s financial picture and could soon make traditional income taxes unnecessary.

During a cabinet meeting at the White House, Trump said tariff collections have grown far beyond what experts projected, noting that the ...... to continue reading, follow the link below

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