Trump Floats Improbable Income-Tax Cut Tied to Tariffs
President suggests eliminating income taxes on most households, but math doesn’t add up.
WASHINGTON—President Trump keeps suggesting that tariffs can replace income taxes for most Americans. One big problem: The math doesn’t work.
Trump has repeatedly teased the notion of linking his tariffs with major income-tax cuts, floating a huge change in how the government raises revenue and offering voters worried about tariffs a promise of future benefits.