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petite6
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Estimated FY2026 tariff revenue: $207 billion. Estimated FY2026 individual income tax revenue: $2.6 trillion. Trump: Let's cut income tax completely (six time bankruptee coming into full view)
12/01/25 01:47 PM




https://www.reuters.com/world/trump-says-he-may-cut-income-tax-completely-because-tariff-income-2025-11-28/?link_source=ta_bluesky_link&taid=6929429de171010001f8d2f9&utm_campaign=trueanthem&utm_medium=social&utm_source=bluesky

PALM BEACH, Florida, Nov 27 (Reuters) - U.S. President Donald Trump said on Thursday his administration may slash income tax completely over the next couple of years because of government revenue generated from tariffs.
"Over the next couple of years, I think we'll substantially be cutting and maybe cutting out completely, but we'll be cutting income tax. Could be almost completely cutting it because the money we're taking in is going to be so large," Trump told U.S. military service members on a video call.



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* Estimated FY2026 tariff revenue: $207 billion. Estimated FY2026 individual income tax revenue: $2.6 trillion. Trump: Let's cut income tax completely (six time bankruptee coming into full view)
petite6
12/01/25 01:47 PM

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