On Income #TrumpTaxCuts
US President Donald Trump said on Sunday that when tariffs are reduced, many people's income taxes will significantly decrease, and may even be completely eliminated.
He continued in a post on Truth Social that the focus will be on those whose annual income is less than $200,000.
The US president added, "As a massive number of jobs are already being created, with new factories being built or planned. This will be a golden opportunity for America! The foreign tax office is in the works.
Trump urged Republicans in Congress to prepare a bill that includes significant tax cuts.
On another note, Trump revealed that the latest report on illegal immigration shows a decrease of about 99.9% at the US border.
He said this is the best recorded number ever. Three people entered, compared to hundreds of thousands in the previous administration. We have never seen such a difference before. Congratulations to America!