#TrumpTaxCuts #TrumpTaxCuts As part of this plan, it was proposed to significantly reduce income tax rates for all categories, including the elimination of the federal income tax for individuals with an income below $150,000 per year.

As of April 6, 2025, U.S. senators approved a budget plan that includes trillions of dollars for the massive tax cuts promised by Trump. The document is now set to be reviewed by the House of Representatives.