JD Vance pours cold water on Trump’s talk of abolishing income tax
1 month, 3 weeks ago

JD Vance pours cold water on Trump’s talk of abolishing income tax

The Telegraph  

Donald Trump’s suggestion that he may abolish income tax is not a campaign policy but an “aspirational goal”, his running mate has suggested. The Republican presidential candidate has hinted several times at the idea of ending federal income tax as he competes with Kamala Harris for middle-class voters in the White House race’s final stretch. They’re paying tax, and they don’t have the money to pay the tax.” However, JD Vance, his vice-presidential candidate, appeared to pour cold water on the idea during an interview with NBC News on Sunday. ‘Less of a focus’ Asked whether Trump would pursue a policy of abolishing federal income tax in a second term, Mr Vance said: “Donald Trump didn’t propose that.

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History of this topic

Trump made a lot of tax promises. Can he keep them?
1 month, 1 week ago

Trump made a lot of tax promises. Can he keep them?

CNN  

CNN — Seeking to woo targeted groups of voters during his campaign, President-elect Donald Trump rolled out plans for a sweeping array of tax breaks, including promises to eliminate levies on tips, overtime pay and Social Security benefits, for millions of Americans. “Cutting taxes for the American people, cutting taxes on tips for hard working Americans, on Social Security for …

Trump claims he’ll fight for working-class Americans. His first presidency suggests he won’t
1 month, 2 weeks ago

Trump claims he’ll fight for working-class Americans. His first presidency suggests he won’t

Salon  

ProPublica is a Pulitzer Prize-winning investigative newsroom. ProPublica reviewed Trump’s proposed budgets from 2018 to 2021, as well as regulations that he attempted to enact or revise via his cabinet agencies, including the departments of Labor, Housing and Urban Development, and Health and Human Services, and also quasi-independent agencies like the National Labor Relations Board and the Social Security Administration. …

Trump tells Joe Rogan he's 'serious' about abolishing federal income tax in wide-ranging interview
1 month, 3 weeks ago

Trump tells Joe Rogan he's 'serious' about abolishing federal income tax in wide-ranging interview

Daily Mail  

Donald Trump has said he is serious about scrapping federal income tax if he wins the race to the White House. Trump referenced President William McKinley who famously raised the duty on imports to nearly 50 percent when he was in power in 1890 Rogan had asked the presidential nominee if he was serious when he mentioned slashing federal income …

Trump again pushes no taxes - for anyone - in latest pitch to woo economic support
1 month, 4 weeks ago

Trump again pushes no taxes - for anyone - in latest pitch to woo economic support

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. They’re paying tax, and they don’t have the …

Donald Trump suggests he may abolish income tax
2 months ago

Donald Trump suggests he may abolish income tax

The Telegraph  

Donald Trump has suggested he could scrap federal income tax if he wins the presidency. In his response, the former president made reference to the country’s economic policies of the late 19th century, when funds from income tax were replaced with new trade tariffs. “It had all tariffs — it didn’t have an income tax,” Trump told his audience in …

Trump says he won’t tax your tips, OT or Social Security. Why critics see ‘gimmicks’ and a ‘sham’
3 months, 1 week ago

Trump says he won’t tax your tips, OT or Social Security. Why critics see ‘gimmicks’ and a ‘sham’

LA Times  

Donald Trump announced that he would end taxes on overtime during a rally Thursday in Tucson. “And for too long, no one in Washington has been looking out for them.” He said his proposal meant “police officers, nurses, factory workers, construction workers, truck drivers and machine operators” would finally “catch a break.” Tax and policy analysts from across the ideological …

Why Trump’s and Harris’ proposals to end federal taxes on tips would be difficult to enact
4 months, 1 week ago

Why Trump’s and Harris’ proposals to end federal taxes on tips would be difficult to enact

Associated Press  

Former President Donald Trump and Vice President Kamala Harris agree on one thing, at least: Both say they want to eliminate federal taxes on workers’ tips. Neither candidate’s team has said whether it would exempt tips only from income taxes, only from payroll taxes or both. Harris’ campaign has said she would work with Congress to draft a proposal that …

J.D. Vance argued for higher tax rate on childless Americans: report
4 months, 3 weeks ago

J.D. Vance argued for higher tax rate on childless Americans: report

Raw Story  

Donald Trump's pick for his vice presidential running mate once argued that Americans without children should pay a higher tax rate than those who have children, according to a report. "JD Vance argued for higher tax rate on childless Americans in 2021 interview," Steakin said Friday. According to the article, the "unearthed 2021 interview shows the Ohio senator advocating for …

Will Trump abolish income tax? Here's what US economy may look like if he wins
6 months, 1 week ago

Will Trump abolish income tax? Here's what US economy may look like if he wins

Firstpost  

The abolition of US federal income tax would lead to a shortfall of $2.1 trillion in government revenues, according to an expert Former US President Donald Trump has proposed abolishing federal income tax if he wins the US presidential election. 🧐 pic.twitter.com/hw0k8gwlGa — Thomas Massie June 13, 2024 Separately, in a meeting with business leaders, Trump has said he would …

US Presidential elections 2024: No income tax for US citizens? Donald Trump says if elected president…
6 months, 1 week ago

US Presidential elections 2024: No income tax for US citizens? Donald Trump says if elected president…

Live Mint  

US Presidential Elections 2024: Republican presidential candidate Donald Trump proposed an “all tariff policy” on Thursday to eliminate the need for income tax in the United States, CNBC reported citing sources. As per the report, Trump discussed utilising tariffs as leverage in negotiations with problematic entities, CNBC reported quoting another source present at the meeting held with GOP lawmakers at …

Use Expiring Trump Tax Cuts To Overhaul The Entire Tax System, Groups Say
7 months ago

Use Expiring Trump Tax Cuts To Overhaul The Entire Tax System, Groups Say

Huff Post  

LOADING ERROR LOADING The $4.6 trillion in tax cuts that expire next year offer a chance to completely revamp the U.S. tax system that should not be missed, more than 100 progressive and economic groups said Tuesday. “Congress should pursue reforms — including corporate tax reforms — that stem the decades-long tide of tax cuts for the rich and corporations …

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