Trump Plans New Tax Cuts in an Attempt to Alleviate the Burden of Tariffs
#TrumpTaxCuts U.S. President Donald Trump said on Sunday that the broad tariffs he imposed could help him reduce income taxes for individuals earning less than $200,000 annually, amid rising public concern about his economic agenda.
Trump had previously argued that the revenue from tariffs could replace income taxes, although economists have questioned these claims, according to Bloomberg.
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