#TrumpTaxCuts Donald Trump's proposal to eliminate federal income taxes would replace lost revenue with increased tariffs on imports. This idea isn't new; Trump discussed it during his campaign stops and interviews, including with Joe Rogan. The plan aims to shift the tax burden from income to tariffs, potentially impacting low- and middle-income earners disproportionately. Experts question the feasibility of this proposal, citing the significant revenue loss and potential negative economic implications. To make up for the lost revenue, tariffs would need to be substantially increased, which could lead to retaliatory actions from other countries and harm American industries .
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