#TrumpTaxCuts Donald Trump has recently discussed implementing substantial tax cuts, focusing on potential income tax reductions for individuals earning below $200,000. He has linked these cuts to revenue generated from tariffs. Trump has also continued to advocate for making permanent the tax cuts enacted in 2017, many of which are set to expire. Additional proposals mentioned include potentially exempting income from tips and Social Security benefits from taxation, alongside possible further cuts to the corporate tax rate. These discussions signal a push for significant changes to the U.S. tax code.