#TrumpTaxCuts Trump Proposes Eliminating Income Taxes – What It Could Mean for Crypto

Former President Trump has proposed a major economic shift: cutting or eliminating federal income taxes for many Americans, to be offset by new tariffs on imports. This policy could impact crypto markets in several ways:

- More disposable income might encourage retail investors to explore Bitcoin and other cryptos

- Tariffs could weaken the dollar, potentially boosting crypto’s appeal as a hedge

- However, replacing $2 trillion in tax revenue with tariffs raises concerns about inflation and fiscal stability

So far, Bitcoin’s price has shown limited reaction, while gold has gained as investors assess risks.

What’s your view? Would this proposal make you more bullish on crypto or cautious about the economy? Share your thoughts below!