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Trump's Bold Plan to Replace Income Tax with Tariffs
11 months ago
77
Last week, former President Trump took his affinity for tariffs much further, floating the possibility of entirely replacing the federal income tax with new tariffs. He also raised other ideas like eliminating taxes on tipped income and lowering the corporate tax rate by one percentage point.
Former President Trump took his affinity for tariffs much further, floating the possibility of entirely replacing the federal income tax with new tariffs.
Point 1: Overview of Current Tariff Policies
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