#TrumpTaxCuts President Trump proposed on Sunday a new income tax cut as a way to mitigate the impact of his broad tariffs, which according to polls, Americans increasingly believe will lead to higher prices.

"When tariffs are reduced, the income taxes of many people will be substantially reduced, maybe even completely eliminated," Trump wrote in a post on Sunday on his Truth Social platform.⏰🚀💣

"We will focus on people who earn less than $200,000 a year," he continued.