Trump Gives Most Direct Endorsement for Abolishing Federal Income Tax

Date:

The president made the comments during a meeting with his Cabinet members on Tuesday.President Donald Trump makes an announcement from the Oval Office of the White House on Dec. 3, 2025. Andrew Caballero-Reynolds/AFP via Getty Images12/3/2025|Updated: 12/3/2025President Donald Trump on Tuesday provided his most direct endorsement yet that he believes his tariff policies would generate enough revenue to abolish federal income taxes.Trump told reporters in a Cabinet meeting that “at some point in the not too distant future you won’t even have income tax to pay” due to revenue produced by his administration’s tariffs.Jack PhillipsBreaking News ReporterJack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California’s Central Valley. Follow him on X: https://twitter.com/jackphillips5Author’s Selected Articles

spot_imgspot_imgspot_img

Share post:

More like this
Related

Sandwich Chain Jersey Mikes Goes Public, Falls 6 Percent in Debut

A Jersey Mike's banner adorns the New York Stock...

How Professionals Trade: Protecting Capital Before Chasing Returns

Commentary“It’s different this time.” Few phrases have cost investors...

Operation Blackout Takes Down 4 of the Largest Scam Compounds on Earth: FBI

The Federal Bureau of Investigation (FBI) announced on July...

Social Securitys Caregiver Gap

It’s often touted that women earn an average of...