#TrumpTaxCuts
Reduction of import taxes leads to a decrease in income tax
U.S. President Donald Trump said on Sunday that when import taxes are reduced, many people's income taxes will significantly decrease and may even be completely eliminated.
He continued in a post on the Truth Social platform that he will focus on those with an annual income below $200,000.
The U.S. President said, "Many jobs have been created, as new factories are built or planned to be built. This will be a golden opportunity for America! The foreign tax agency is in the process of completion.
Trump has called on Republican members of Congress to prepare a bill that includes significant tax cuts.