Saturday, 15th Feb, 2025
New Delhi
Weather Icon
21.09°C
AQI: 214 Poor
0 seconds of 3 minutes, 25 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
03:25
03:25
 
Published Jan 29, 2025 at 11:28 AM IST

Trump: 'Abolish Income Tax And Make America Rich By Tariffing Foreign Countries'

Former U.S. President Donald Trump has proposed abolishing income tax, arguing that the U.S. can generate wealth by imposing tariffs on foreign countries. He claims that tariffs would strengthen the American economy, citing historical examples where such measures led to national prosperity. Trump’s stance aligns with his long-standing “America First” policy, emphasizing economic self-reliance and reduced dependence on foreign imports. While his proposal has sparked debate, supporters believe tariffs could revitalize domestic industries, while critics warn of potential trade wars and higher consumer prices. As the 2024 elections approach, Trump's bold economic vision is set to be a major talking point, challenging traditional tax and trade policies. Stay tuned as the debate unfolds on whether tariffs can truly replace income tax and reshape the U.S. economy.

Follow: Google News Icon
  • share