Trump’s Plan to Abolish Income Tax

In a bold move to reshape America's fiscal landscape, President Donald Trump has proposed eliminating federal income taxes, suggesting that tariffs could serve as the primary revenue source for the nation. This proposal marks a significant shift from the current tax system, aiming to reduce the role of the Internal Revenue Service and simplify taxation. While the idea of abolishing income taxes has been a topic of discussion, experts note that such a fundamental change would require extensive legislative action and could face significant challenges.