#TrumpTaxCuts U.S. President Donald Trump confirms his commitment to tariffs, emphasizing that such an approach could lead to American citizens who pay income tax seeing their taxes 'seriously reduced, or possibly eliminated altogether.'

'External Revenue Service' is on the way: Trump is considering the possibility of abolishing income taxes. Trump claims that as tariff revenues accumulate, income taxes for Americans could be significantly reduced or even eliminated. Currently, data shows that approximately $215 million is collected daily from tariffs, and forecasts suggest revenue growth by 2025, reaching around $166.6 billion. The U.S. President believes that this revenue stream will continue to grow, possibly eliminating income taxes for a significant portion of Americans.

'When tariffs come into effect, the income taxes of many people will be significantly reduced, or possibly eliminated altogether. The focus will be on people earning less than $200,000 a year,' Trump stated. 'Additionally, a huge number of jobs are already being created, with new plants and factories.'