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TrumpTaxCuts

President Trump said the U.S. may substantially reduce—or even eliminate—federal income taxes once the new tariff regime is fully in place.The proposal could reshape the economic landscape, sparking debates around inflation, government spending, and the role of alternative assets like Bitcoin. 💬 How do you think this would impact the crypto market and the broader economy? Are you feeling bullish or bearish? Share your take!
Binance Square Official
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President Trump said the U.S. may substantially reduce—or even eliminate—federal income taxes once the new tariff regime is fully in place. The proposal could reshape the economic landscape, sparking debates around inflation, government spending, and the role of alternative assets like Bitcoin. 💬 How do you think this would impact the crypto market and the broader economy? Are you feeling bullish or bearish? Share your take! 👉 Create a post with the #TrumpTaxCuts or the $BTC cashtag, or share your trader’s profile and insights to earn Binance points!  (Press the “+” on the App homepage and click on Task Center) Activity period: 2025-04-28 06:00 (UTC) to 2025-04-29 06:00 (UTC) Points rewards are first-come, first-served, so be sure to claim your points daily!
President Trump said the U.S. may substantially reduce—or even eliminate—federal income taxes once the new tariff regime is fully in place.
The proposal could reshape the economic landscape, sparking debates around inflation, government spending, and the role of alternative assets like Bitcoin.
💬 How do you think this would impact the crypto market and the broader economy? Are you feeling bullish or bearish? Share your take!
👉 Create a post with the #TrumpTaxCuts or the $BTC cashtag, or share your trader’s profile and insights to earn Binance points! 
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-04-28 06:00 (UTC) to 2025-04-29 06:00 (UTC)
Points rewards are first-come, first-served, so be sure to claim your points daily!
muhammadhayatkhan:
President Trump said the U.S. may substantially reduce—or even eliminate—federal income taxes once the new tariff regime is fully in place. The proposal could reshape the economic
#TrumpTaxCuts BREAKING: Donald Trump just dropped a BOMB on U.S. taxes and markets — and it’s HUGE! Here’s what you need to know: (THREAD) 🧵🚨 1/ Trump announced MASSIVE income tax cuts today. For millions of Americans, income tax could be ZERO! (Yes, zero.) 🇺🇸💸 2/ How’s he paying for it? ➡️ New TARIF system! Foreign goods = higher tariffs American paychecks = WAY LESS tax 📈🛍️ 3/ Market Reaction? 🔥 $TRUMP-backed assets are SURGING 🔥 Political-themed tokens are on fire 🔥 Sentiment = ULTRA bullish 4/ People are losing it online: "Zero taxes? I’m quitting my job and trading $TRUMP full time!" "Best announcement EVER!" 😂💬 5/ Summary: New tariffs fund giant tax cuts Millions could owe NO federal taxes $TRUMP assets blasting off 🚀 6/ Love him or hate him — Trump just flipped the script. Are you ready for ZERO income tax?! 👀💥 (END) #Trump #Taxes #Crypto #BreakingNews
#TrumpTaxCuts

BREAKING:
Donald Trump just dropped a BOMB on U.S. taxes and markets — and it’s HUGE!
Here’s what you need to know:
(THREAD) 🧵🚨

1/
Trump announced MASSIVE income tax cuts today.
For millions of Americans, income tax could be ZERO!
(Yes, zero.)
🇺🇸💸

2/
How’s he paying for it?
➡️ New TARIF system!
Foreign goods = higher tariffs
American paychecks = WAY LESS tax
📈🛍️

3/
Market Reaction?
🔥 $TRUMP-backed assets are SURGING
🔥 Political-themed tokens are on fire
🔥 Sentiment = ULTRA bullish

4/
People are losing it online:
"Zero taxes? I’m quitting my job and trading $TRUMP full time!"
"Best announcement EVER!"
😂💬

5/
Summary:

New tariffs fund giant tax cuts

Millions could owe NO federal taxes

$TRUMP assets blasting off 🚀

6/
Love him or hate him — Trump just flipped the script.
Are you ready for ZERO income tax?!
👀💥

(END)
#Trump #Taxes #Crypto #BreakingNews
Breaking: Trump’s Tax Bomb Drops — $TRUMP Blasts Off! Trump just shook the game with a wild move — slashing income taxes big time thanks to fresh tariffs! In one of his boldest plays yet, he’s hinting that millions might not have to pay income tax at all. Crypto’s loving it — $TRUMP is pumping hard and political tokens are heating up. Here’s the quick scoop: ▪️ New tariffs are bankrolling massive tax cuts ▪️ Millions could see zero income tax ▪️ $TRUMP riding the hype wave straight up Is this the spark for the next crypto rally? Stay locked in. #TrumpTaxCuts
Breaking: Trump’s Tax Bomb Drops — $TRUMP Blasts Off!
Trump just shook the game with a wild move — slashing income taxes big time thanks to fresh tariffs!
In one of his boldest plays yet, he’s hinting that millions might not have to pay income tax at all.
Crypto’s loving it — $TRUMP is pumping hard and political tokens are heating up.
Here’s the quick scoop:
▪️ New tariffs are bankrolling massive tax cuts
▪️ Millions could see zero income tax
▪️ $TRUMP riding the hype wave straight up
Is this the spark for the next crypto rally? Stay locked in.
#TrumpTaxCuts
Breaking: Trump’s Tax Revolution Sparks Surge for $TRUMP! 🚀Donald Trump just dropped a bombshell—massive income tax cuts powered by new tariffs! In one of the boldest reforms ever, Trump hinted that millions of Americans could see their income taxes wiped out entirely. This explosive announcement is firing up bullish sentiment around $TRUMP and other political tokens. ▪️ New tariffs set to fund historic tax cuts ▪️ Zero income tax could become reality for millions ▪️ $TRUMP gains fresh momentum with political hype Could this trigger a new crypto rally? Stay tuned $TRUMP #TrumpTaxCuts

Breaking: Trump’s Tax Revolution Sparks Surge for $TRUMP! 🚀

Donald Trump just dropped a bombshell—massive income tax cuts powered by new tariffs!
In one of the boldest reforms ever, Trump hinted that millions of Americans could see their income taxes wiped out entirely.
This explosive announcement is firing up bullish sentiment around $TRUMP and other political tokens.
▪️ New tariffs set to fund historic tax cuts
▪️ Zero income tax could become reality for millions
▪️ $TRUMP gains fresh momentum with political hype
Could this trigger a new crypto rally? Stay tuned
$TRUMP
#TrumpTaxCuts
--
Bullish
#TrumpTaxCuts #TrumpTaxCuts $TRUMP Coin is a unique cryptocurrency created to support Donald Trump and his political vision. Thousands of fans and investors are buying Trump Coin to show their loyalty and belief in his leadership. One of the major reasons behind Trump’s widespread popularity is the #TrumpTaxCut which helped businesses and families save significant amounts of money. These tax cuts boosted the economy, encouraged investments, and created a sense of financial relief for many Americans. In this spirit, Trump Coin symbolizes economic hope, strength, and a future of prosperity tied to Trump’s political journey. Supporters believe that if Trump rises again in the political arena, the value of Trump Coin could soar to new heights. Both Trump Coin and #TrumpTaxCuts represent more than just financial opportunities — they stand for growth, power, and the revival of American strength. Today might just be the perfect time to invest and be part of this historic movement! #TrumpTaxCut
#TrumpTaxCuts #TrumpTaxCuts
$TRUMP Coin is a unique cryptocurrency created to support Donald Trump and his political vision. Thousands of fans and investors are buying Trump Coin to show their loyalty and belief in his leadership.
One of the major reasons behind Trump’s widespread popularity is the #TrumpTaxCut which helped businesses and families save significant amounts of money. These tax cuts boosted the economy, encouraged investments, and created a sense of financial relief for many Americans.
In this spirit, Trump Coin symbolizes economic hope, strength, and a future of prosperity tied to Trump’s political journey. Supporters believe that if Trump rises again in the political arena, the value of Trump Coin could soar to new heights.
Both Trump Coin and #TrumpTaxCuts represent more than just financial opportunities — they stand for growth, power, and the revival of American strength.
Today might just be the perfect time to invest and be part of this historic movement!
#TrumpTaxCut
#TrumpTaxCuts Breaking News: Donald Trump has just announced sweeping income tax cuts linked to the launch of a new tariff system! In a bold and historic move, Trump outlined a plan where millions of Americans could see their federal income taxes slashed—or even eliminated entirely. This represents one of the most ambitious tax reform proposals in U.S. history. The announcement is sparking major optimism around $TRUMP-backed assets and driving a strong bullish sentiment across the market for political-themed tokens. Key Highlights: New tariffs designed to fund significant tax cuts Potential for zero income tax for millions of citizens Surging momentum and positive sentiment surrounding $TRUMP
#TrumpTaxCuts

Breaking News:
Donald Trump has just announced sweeping income tax cuts linked to the launch of a new tariff system!

In a bold and historic move, Trump outlined a plan where millions of Americans could see their federal income taxes slashed—or even eliminated entirely. This represents one of the most ambitious tax reform proposals in U.S. history.

The announcement is sparking major optimism around $TRUMP -backed assets and driving a strong bullish sentiment across the market for political-themed tokens.

Key Highlights:

New tariffs designed to fund significant tax cuts

Potential for zero income tax for millions of citizens

Surging momentum and positive sentiment surrounding $TRUMP
#TrumpTaxCuts **🚨 Breaking: Trump Unveils Major Tax Revolution – Huge Boost Ahead for $TRUMP! 🚨** **Donald Trump just announced massive income tax cuts funded by new tariffs—and some Americans could pay ZERO income tax!** In a historic move, Trump revealed one of the most aggressive tax reforms ever, sparking a surge of optimism around **$TRUMP**-backed assets and political-themed tokens. ### **🔥 Key Highlights:** ✅ **New tariffs to fund sweeping tax cuts** ✅ **Millions of Americans could pay **ZERO** income tax** ✅ **Bullish momentum building for $TRUMP & political crypto** **Will this ignite a new rally in politically-linked crypto?** Stay tuned for updates..**$TRUMP {future}(TRUMPUSDT) $TRU {future}(TRUUSDT)
#TrumpTaxCuts **🚨 Breaking: Trump Unveils Major Tax Revolution – Huge Boost Ahead for $TRUMP ! 🚨**

**Donald Trump just announced massive income tax cuts funded by new tariffs—and some Americans could pay ZERO income tax!**

In a historic move, Trump revealed one of the most aggressive tax reforms ever, sparking a surge of optimism around **$TRUMP **-backed assets and political-themed tokens.

### **🔥 Key Highlights:**
✅ **New tariffs to fund sweeping tax cuts**
✅ **Millions of Americans could pay **ZERO** income tax**
✅ **Bullish momentum building for $TRUMP & political crypto**

**Will this ignite a new rally in politically-linked crypto?** Stay tuned for updates..**$TRUMP

$TRU
#TrumpTaxCuts Breaking: Trump Unleashes Major Tax Shakeup – Surge Ahead for $TRUMP! Donald Trump has just unveiled sweeping income tax cuts, funded by a new wave of tariffs in a dramatic policy shift. In one of the boldest tax reform proposals in U.S. history, Trump announced that millions of Americans could see their income taxes slashed — or even eliminated entirely. The news has sparked a surge of optimism around $TRUMP -linked assets, fueling strong bullish momentum across political-themed cryptocurrencies. Key Highlights: New tariffs to finance historic tax cuts Potential for zero income tax for millions Rising bullish sentiment surrounding $TRUMP Could this game-changing move ignite a powerful rally in politically driven crypto markets? Stay tuned for updates! #Write2Earn
#TrumpTaxCuts
Breaking: Trump Unleashes Major Tax Shakeup – Surge Ahead for $TRUMP !
Donald Trump has just unveiled sweeping income tax cuts, funded by a new wave of tariffs in a dramatic policy shift.
In one of the boldest tax reform proposals in U.S. history, Trump announced that millions of Americans could see their income taxes slashed — or even eliminated entirely.
The news has sparked a surge of optimism around $TRUMP -linked assets, fueling strong bullish momentum across political-themed cryptocurrencies.

Key Highlights:

New tariffs to finance historic tax cuts

Potential for zero income tax for millions

Rising bullish sentiment surrounding $TRUMP

Could this game-changing move ignite a powerful rally in politically driven crypto markets? Stay tuned for updates!
#Write2Earn
Breaking: Trump’s Tax Bomb Drops — $TRUMP Blasts Off! Trump just shook the game with a wild move — slashing income taxes big time thanks to fresh tariffs! In one of his boldest plays yet, he’s hinting that millions might not have to pay income tax at all. Crypto’s loving it — $TRUMP is pumping hard and political tokens are heating up. Here’s the quick scoop: ▪️ New tariffs are bankrolling massive tax cuts ▪️ Millions could see zero income tax ▪️ $TRUMP riding the hype wave straight up Is this the spark for the next crypto rally? Stay locked in. #TrumpTaxCuts
Breaking: Trump’s Tax Bomb Drops — $TRUMP Blasts Off!
Trump just shook the game with a wild move — slashing income taxes big time thanks to fresh tariffs!
In one of his boldest plays yet, he’s hinting that millions might not have to pay income tax at all.
Crypto’s loving it — $TRUMP is pumping hard and political tokens are heating up.
Here’s the quick scoop:
▪️ New tariffs are bankrolling massive tax cuts
▪️ Millions could see zero income tax
▪️ $TRUMP riding the hype wave straight up
Is this the spark for the next crypto rally? Stay locked in.

#TrumpTaxCuts
Breaking: Trump Unveils Major Tax Revolution – Boost Ahead for $TRUMP!Donald Trump has just announced massive income tax cuts tied to the rollout of new tariffs! In a bold move, Trump revealed that some Americans could see their taxes completely eliminated, marking one of the most aggressive tax reforms in U.S. history. This announcement is fueling optimism around $TRUMP-backed assets and boosting bullish sentiment across political-themed tokens. Key Highlights: New tariffs to fund major tax cuts Possibility of zero income tax for millions of Americans Strong positive wave building around $TRUMP Will this historic move kickstart a fresh rally in crypto markets linked to political momentum? Stay tuned! #TRUMPUSDT #CryptoNews #TrumpTaxCuts #BinanceUpdate #MarketAlert $TRUMP {spot}(TRUMPUSDT) $TRU {spot}(TRUUSDT)

Breaking: Trump Unveils Major Tax Revolution – Boost Ahead for $TRUMP!

Donald Trump has just announced massive income tax cuts tied to the rollout of new tariffs!

In a bold move, Trump revealed that some Americans could see their taxes completely eliminated, marking one of the most aggressive tax reforms in U.S. history.

This announcement is fueling optimism around $TRUMP -backed assets and boosting bullish sentiment across political-themed tokens.

Key Highlights:

New tariffs to fund major tax cuts
Possibility of zero income tax for millions of Americans
Strong positive wave building around $TRUMP

Will this historic move kickstart a fresh rally in crypto markets linked to political momentum? Stay tuned!

#TRUMPUSDT #CryptoNews #TrumpTaxCuts #BinanceUpdate #MarketAlert $TRUMP
$TRU
CryptoGoatSince2010:
just the rich ones. not for you average mid class or even lower class sectors. they will always have taxes
#TrumpTaxCuts Sure! Here's a rephrased version of your announcement: --- **Breaking: Trump Announces Sweeping Tax Overhaul – $TRUMP Surges on Policy Buzz!** Donald Trump has unveiled a groundbreaking plan to slash income taxes, funded by a new wave of tariffs. In a dramatic policy shift, Trump hinted that millions of Americans could see their income taxes reduced to zero—potentially the most aggressive tax reform in U.S. history. This bold move is sparking renewed enthusiasm around $TRUMP-related assets and energizing the broader market for politically-driven tokens. **Key Takeaways:** - New tariffs to finance deep income tax cuts - Potential elimination of income tax for many Americans - Growing bullish sentiment surrounding $TRUMP Could this bold initiative ignite a new rally in political-themed crypto markets? Stay tuned for updates. #TRUMPUSDT #CryptoNews #TrumpTaxCuts #BinanceUpdate #MarketAlert $TRUMP --- Would you like a shorter version for Twitter/X or a more detailed one for a blog post? $TRUMP
#TrumpTaxCuts Sure! Here's a rephrased version of your announcement:

---

**Breaking: Trump Announces Sweeping Tax Overhaul – $TRUMP Surges on Policy Buzz!**
Donald Trump has unveiled a groundbreaking plan to slash income taxes, funded by a new wave of tariffs.

In a dramatic policy shift, Trump hinted that millions of Americans could see their income taxes reduced to zero—potentially the most aggressive tax reform in U.S. history.

This bold move is sparking renewed enthusiasm around $TRUMP -related assets and energizing the broader market for politically-driven tokens.

**Key Takeaways:**
- New tariffs to finance deep income tax cuts
- Potential elimination of income tax for many Americans
- Growing bullish sentiment surrounding $TRUMP

Could this bold initiative ignite a new rally in political-themed crypto markets? Stay tuned for updates.

#TRUMPUSDT #CryptoNews #TrumpTaxCuts #BinanceUpdate #MarketAlert $TRUMP

---

Would you like a shorter version for Twitter/X or a more detailed one for a blog post?

$TRUMP
#TrumpTaxCuts 🚨 Trump Announces Historic Tax Revolution – Massive Surge Expected for $TRUMP! 🚨 Donald Trump has just unveiled a game-changing plan: massive income tax cuts funded by new tariffs! Millions of Americans could soon pay ZERO income tax! In what’s being called one of the boldest tax reforms in U.S. history, Trump’s announcement has sparked a wave of optimism across $TRUMP-backed assets and political-themed crypto tokens. 🔥 Key Highlights: ✅ New tariffs to fully fund sweeping tax cuts ✅ Millions of Americans could owe ZERO income tax ✅ Explosive bullish momentum building around $TRUMP and political crypto Excitement is surging across the markets, especially for political crypto investors who see this as a major catalyst. Will this historic move trigger a massive new rally in politically-linked cryptocurrencies? Stay tuned for more updates… $TRUMP MP | #TrumpTaxCut
#TrumpTaxCuts

🚨 Trump Announces Historic Tax Revolution – Massive Surge Expected for $TRUMP ! 🚨

Donald Trump has just unveiled a game-changing plan: massive income tax cuts funded by new tariffs! Millions of Americans could soon pay ZERO income tax!

In what’s being called one of the boldest tax reforms in U.S. history, Trump’s announcement has sparked a wave of optimism across $TRUMP -backed assets and political-themed crypto tokens.

🔥 Key Highlights:

✅ New tariffs to fully fund sweeping tax cuts
✅ Millions of Americans could owe ZERO income tax
✅ Explosive bullish momentum building around $TRUMP and political crypto

Excitement is surging across the markets, especially for political crypto investors who see this as a major catalyst.
Will this historic move trigger a massive new rally in politically-linked cryptocurrencies?
Stay tuned for more updates…

$TRUMP MP | #TrumpTaxCut
#TrumpTaxCuts Trump’s Tax Cut Plans: What You Need to Know Before the 2025 Expiration President Trump is pushing to extend and expand the 2017 tax cuts, which are set to expire on December 31, 2025. Here are the main points: 1.Keep Individual Tax Cuts Permanent The current income tax cuts for individuals would stay in place, preventing an average tax increase of 22% for many families. 2.Lower Corporate Tax Rate Trump wants to reduce the corporate tax rate from 21% to around 15-20%, aiming to help businesses grow. 3.Tax Breaks on Social Security and Tips The plan would eliminate taxes on Social Security benefits and income from tips, giving relief to retirees and service workers. 4.Remove SALT Deduction Cap The $10,000 limit on state and local tax deductions would be lifted, benefiting people in high-tax states. To pay for these cuts, Trump proposes tariffs on imports and spending cuts in some areas. However, critics warn this could increase the national debt and lead to higher prices. Lawmakers are working to finalize the plan soon, but debates over how to balance the budget continue.
#TrumpTaxCuts

Trump’s Tax Cut Plans: What You Need to Know Before the 2025 Expiration

President Trump is pushing to extend and expand the 2017 tax cuts, which are set to expire on December 31, 2025. Here are the main points:

1.Keep Individual Tax Cuts Permanent

The current income tax cuts for individuals would stay in place, preventing an average tax increase of 22% for many families.

2.Lower Corporate Tax Rate

Trump wants to reduce the corporate tax rate from 21% to around 15-20%, aiming to help businesses grow.

3.Tax Breaks on Social Security and Tips

The plan would eliminate taxes on Social Security benefits and income from tips, giving relief to retirees and service workers.

4.Remove SALT Deduction Cap

The $10,000 limit on state and local tax deductions would be lifted, benefiting people in high-tax states.

To pay for these cuts, Trump proposes tariffs on imports and spending cuts in some areas. However, critics warn this could increase the national debt and lead to higher prices.

Lawmakers are working to finalize the plan soon, but debates over how to balance the budget continue.
Big news shaking the markets! 🚨 Trump Tax Cuts are back in the spotlight 🧾 — and investors are watching closely. 📈 Lower corporate taxes could mean higher profits 💰, stronger stock performance 📊, and maybe even a boost for crypto 🚀. Whether you're bullish 🐂 or cautious 🛑, smart money is paying attention. Stay informed, stay ready! 🔥 #TrumpTaxCuts #crypto #TaxCuts #TRUMP #BinanceSquare
Big news shaking the markets! 🚨 Trump Tax Cuts are back in the spotlight 🧾 — and investors are watching closely. 📈 Lower corporate taxes could mean higher profits 💰, stronger stock performance 📊, and maybe even a boost for crypto 🚀. Whether you're bullish 🐂 or cautious 🛑, smart money is paying attention. Stay informed, stay ready! 🔥

#TrumpTaxCuts #crypto #TaxCuts #TRUMP #BinanceSquare
Trump Coin is a special cryptocurrency 🪙 made to support Donald Trump and his political ideas 🇺🇸. Many fans and investors are buying Trump Coin to show their support ✊. One big reason people like Trump is because of #TrumpTaxCuts 📉. These tax cuts helped many businesses 💼 and families 🏡 save money. Trump Coin reminds people of these economic changes 💰. Supporters believe it can grow bigger in value 📈 if Trump becomes stronger in politics again 🏛️. Trump Coin and #TrumpTaxCuts together represent hope, growth, and power for Trump’s movement 🚀. It’s an exciting time for investors! 🔥#TrumpTaxCuts
Trump Coin is a special cryptocurrency 🪙 made to support Donald Trump and his political ideas 🇺🇸. Many fans and investors are buying Trump Coin to show their support ✊. One big reason people like Trump is because of #TrumpTaxCuts 📉. These tax cuts helped many businesses 💼 and families 🏡 save money. Trump Coin reminds people of these economic changes 💰. Supporters believe it can grow bigger in value 📈 if Trump becomes stronger in politics again 🏛️. Trump Coin and #TrumpTaxCuts together represent hope, growth, and power for Trump’s movement 🚀. It’s an exciting time for investors! 🔥#TrumpTaxCuts
#TrumpTaxCuts As of now (April 2025), Donald Trump, during his 2024 presidential campaign and early presidency, has expressed support for lowering taxes on crypto trading. He positioned himself as "pro-crypto" to appeal to digital asset investors. In fact, Trump has proposed: Reducing capital gains taxes, including on crypto profits. Eliminating taxes on small crypto transactions (like under $200) to encourage everyday crypto use. Opposing CBDCs (central bank digital currencies), arguing they could harm private crypto markets like Bitcoin. However, no specific federal law has passed yet that significantly changes crypto tax rules. Traders in the U.S. are still generally required to: Report crypto trades as taxable events (capital gains or losses). Pay taxes based on how long they hold the asset (short-term vs. long-term rates). In short: Trump talks about cutting taxes on crypto trading, but as of now, traders still follow the regular IRS crypto rules. Many in the crypto community are watching closely to see if he pushes actual legislation this year.
#TrumpTaxCuts

As of now (April 2025), Donald Trump, during his 2024 presidential campaign and early presidency, has expressed support for lowering taxes on crypto trading. He positioned himself as "pro-crypto" to appeal to digital asset investors.

In fact, Trump has proposed:

Reducing capital gains taxes, including on crypto profits.

Eliminating taxes on small crypto transactions (like under $200) to encourage everyday crypto use.

Opposing CBDCs (central bank digital currencies), arguing they could harm private crypto markets like Bitcoin.

However, no specific federal law has passed yet that significantly changes crypto tax rules. Traders in the U.S. are still generally required to:

Report crypto trades as taxable events (capital gains or losses).

Pay taxes based on how long they hold the asset (short-term vs. long-term rates).

In short: Trump talks about cutting taxes on crypto trading, but as of now, traders still follow the regular IRS crypto rules. Many in the crypto community are watching closely to see if he pushes actual legislation this year.
Trump says he’ll eliminate income taxes. There’s a problem with that (CNN) President Donald Trump on Sunday night reiterated an extraordinary ambition he and members of his administration have voiced from time to time throughout his young second term: One day, Americans won’t pay any more income tax, and you’ll have Trump’s tariffs to thank for it. “We’re going to make a lot of money, and we’re going to cut taxes for the people of this country,” Trump said before boarding Air Force One for his return from Pope Francis’ funeral in Rome. “It’ll take a little while before we do that, but we’re going to be cutting taxes, and it’s possible we’ll do a complete tax cut, because I think the tariffs will be enough to cut all of the income tax.” No one likes paying income taxes. But any plan to replace them with tariffs as a source of government revenue would be riddled with problems. #TrumpTaxCuts
Trump says he’ll eliminate income taxes. There’s a problem with that

(CNN) President Donald Trump on Sunday night reiterated an extraordinary ambition he and members of his administration have voiced from time to time throughout his young second term: One day, Americans won’t pay any more income tax, and you’ll have Trump’s tariffs to thank for it.

“We’re going to make a lot of money, and we’re going to cut taxes for the people of this country,” Trump said before boarding Air Force One for his return from Pope Francis’ funeral in Rome. “It’ll take a little while before we do that, but we’re going to be cutting taxes, and it’s possible we’ll do a complete tax cut, because I think the tariffs will be enough to cut all of the income tax.”

No one likes paying income taxes. But any plan to replace them with tariffs as a source of government revenue would be riddled with problems.
#TrumpTaxCuts
#TrumpTaxCuts The Trump tax cuts, enacted through the 2017 Tax Cuts and Jobs Act, sparked major debate across political and economic lines. Supporters argue the cuts boosted economic growth, reduced unemployment, and increased take-home pay for many Americans. Businesses benefited from a significant corporate tax reduction, encouraging investment and expansion. However, critics claim the benefits were unevenly distributed, favoring corporations and the wealthy while contributing to a ballooning national deficit. Middle- and lower-income earners saw modest gains that, in many cases, were temporary. Economists remain divided: some highlight short-term growth, while others warn of long-term fiscal challenges. The full impact continues to influence debates over future tax and spending policies. $TRUMP {spot}(TRUMPUSDT)
#TrumpTaxCuts The Trump tax cuts, enacted through the 2017 Tax Cuts and Jobs Act, sparked major debate across political and economic lines. Supporters argue the cuts boosted economic growth, reduced unemployment, and increased take-home pay for many Americans. Businesses benefited from a significant corporate tax reduction, encouraging investment and expansion. However, critics claim the benefits were unevenly distributed, favoring corporations and the wealthy while contributing to a ballooning national deficit. Middle- and lower-income earners saw modest gains that, in many cases, were temporary. Economists remain divided: some highlight short-term growth, while others warn of long-term fiscal challenges. The full impact continues to influence debates over future tax and spending policies.
$TRUMP
--
Bullish
#TrumpTaxCuts Breaking News 🔴 🚀 April 30 Launch For (XRP) ETF ! Donald Trump has unveiled a revolutionary tax plan, promising sweeping cuts and the potential for millions to pay no income tax at all. $XRP {spot}(XRPUSDT) $VET {spot}(VETUSDT) $TRUMP {spot}(TRUMPUSDT)
#TrumpTaxCuts Breaking News 🔴 🚀 April 30 Launch For (XRP) ETF !

Donald Trump has unveiled a revolutionary tax plan, promising sweeping cuts and the potential for millions to pay no income tax at all. $XRP
$VET
$TRUMP
#TrumptaxCuts President Trump floated a new income tax cut on Sunday as a way to mitigate the impact of his sweeping tariffs, which polls show Americans increasingly believe will lead to higher prices. “When Tariffs cut in, many people’s Income Taxes will be substantially reduced, maybe even completely eliminated,” Trump wrote in a post on his Truth Social platform on Sunday. “Focus will be on people making less than $200,000 a year,” he continued. Trump defended the strategy behind his steep tariffs in his post, maintaining “massive numbers of jobs are already being created, with new plants and factories currently being built or planned. It will be a BONANZA FOR AMERICA!!! THE EXTERNAL REVENUE SERVICE IS HAPPENING!!!” The comments echo previous suggestions from the president about potentially getting rid of federal income tax altogether and replacing it with tariffs or other levies. Some economists have raised questions about the feasibility of generating sufficient revenue through tariffs. Credits : thehill.com #TrumpTaxCuts
#TrumptaxCuts
President Trump floated a new income tax cut on Sunday as a way to mitigate the impact of his sweeping tariffs, which polls show Americans increasingly believe will lead to higher prices.

“When Tariffs cut in, many people’s Income Taxes will be substantially reduced, maybe even completely eliminated,” Trump wrote in a post on his Truth Social platform on Sunday.

“Focus will be on people making less than $200,000 a year,” he continued.

Trump defended the strategy behind his steep tariffs in his post, maintaining “massive numbers of jobs are already being created, with new plants and factories currently being built or planned. It will be a BONANZA FOR AMERICA!!! THE EXTERNAL REVENUE SERVICE IS HAPPENING!!!”

The comments echo previous suggestions from the president about potentially getting rid of federal income tax altogether and replacing it with tariffs or other levies. Some economists have raised questions about the feasibility of generating sufficient revenue through tariffs.

Credits : thehill.com
#TrumpTaxCuts
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