Trump’s Tax Plan : No Income Tax for Earners Under $150K, Says Commerce Secretary

#taxplan #notax #taxcuts

No tax for under $150K? Trump’s bold plan is making waves, with Commerce Secretary Howard Lutnick confirming that the former president aims to eliminate income taxes for Americans earning less than $150,000 annually. Instead, the strategy involves shifting revenue collection to foreign entities benefiting from the U.S. economy. Lutnick outlined how increased tariffs and an "External Revenue Service" could generate billions to offset domestic tax cuts.

This proposal also includes eliminating taxes on tips, overtime, and even Social Security, aiming to provide financial relief to middle-class workers. But is this plan realistic? Can tariffs replace the IRS? And what impact would this have on the U.S. economy?

In this video, we break down Lutnick’s statements, Trump’s economic vision, and the potential consequences of this tax shift. Could this be a game-changer for working Americans, or is it too ambitious to succeed? Watch now and join the debate!

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