Income tax could be a thing of the past… 💸

Trump’s vow to scrap federal income tax and replace it with tariff revenue taps into a deep, emotional vein of frustration with the tax system. For millions of Americans, the idea of never filing another return feels like revenge on a bureaucracy they believe has squeezed them for decades.

Trump frames it as a patriotic reversal: stop “taxing our citizens,” start taxing foreign goods, and let imports carry the burden of government instead of workers and families.

But the arithmetic is unforgiving. Income taxes currently provide more than half of federal revenue; tariffs bring in only a sliver. To close that gap through duties alone would demand either impossibly high tariffs or an explosion in imports that defies basic economics. Higher tariffs usually mean fewer imports, trade wars, and rising prices at home. For now, Trump’s vision remains a powerful slogan colliding with a stubborn, immovable ledger.

Related Posts

The Childhood Struggles That Forged an Unforgettable Hollywood Icon

Long before audiences recognized her as a symbol of magic, emotion, and timeless artistry, Judy Garland was a young girl carrying responsibilities far beyond her age. Her…

The Small Tool That Unlocks a Flood of Childhood Memories

Some objects appear simple at first glance, yet they carry the ability to unlock entire chapters of memory that time has tucked away. A small, worn piece…

Taxi Driver Stars Who Left Their Mark Then vs Now

Taxi Driver (1976) is one of the most powerful and influential films in cinema history, a masterpiece directed by Martin Scorsese that still feels strikingly relevant nearly…

In the middle of the wedding, my mother-in-law announced, “The apartment will go to our son only.

In the middle of the wedding, my mother-in-law announced, “The apartment will go to our son only. She won’t receive a share.” The room fell silent. Then…

Frank’s Final Call: A Lifetime of Courage and Dedication

For over 40 years, Frank served as a firefighter. When he first stepped into the fire station at the young age of 22, he could never have…

Titanic Stars:Then And Now Time Changes Everyone#Titanic

Titanic Stars:Then And Now Time Changes Everyone#Titanic VIDEO

CrowdStar ★