The Ring of Fire
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Trump Proposes Eliminating Income Tax And Replacing It With His Tariff Plan
Posted
January 3, 2025
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January 3, 2025
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5:26Now PlayingDonald Trump is suggesting that his tariffs will be enough to fully fund the entire United States government without any need for Americans to pay an income tax. This might be even dumber than his belief that foreign countries are the ones who pay the tariffs. Replacing the income tax with his tariffs would be an enormous strain on the working class – many of whom end up paying next to nothing in income tax after refunds are factored in. Ring of Fire’s Farron Cousins discusses this.
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