Trump proposes abolishment of federal income tax, bringing US back to 'richest period' in history
President Donald Trump pitched the idea of eliminating the federal income tax entirely to instead tariff and tax foreign ...
Could Trump's tariffs replace the income tax? Here's what economic policy experts say
During the campaign, President Donald Trump floated an “all tariff policy” he said would replace federal income tax. Here’s ...
itep10d
Tesla Reported Zero Federal Income Tax on $2 Billion of U.S. Income in 2024
Tesla reported $2.3 billion of U.S. income in 2024 but paid zero federal income tax. Over the past three years, the Elon Musk ...
Fact Check Team: Tariffs instead of taxes? Trump proposes ditching federal income taxes
President Donald Trump has proposed abolishing federal income taxes, suggesting that tariffs and taxes on foreign nations ...
SEC reports 2024 fiscal year deficit after expansion payments to Oklahoma, Texas
The Southeastern Conference reported a financial deficit for the 2024 fiscal year after league made expansion-related ...
NBC New York5d
Could Trump's tariffs replace the income tax? Here's what policy experts say
Over the past 70 years, tariffs haven't accounted for much more than 2% of total federal revenue annually, according to the Congressional Research Service. During fiscal year 2024, the U.S ...