2nded
12/2/2025
https://trendingpoliticsnews.com/trump-hints-that-income-tax-could-be-abolished-in-not-too-distant-future-mace
"President Donald Trump signaled Tuesday that the federal income tax system may face a dramatic overhaul in the coming years, telling his cabinet that soaring tariff revenue is reshaping the government’s financial picture and could soon make traditional income taxes unnecessary.
During a cabinet meeting at the White House, Trump said tariff collections have grown far beyond what experts projected, noting that the money pouring into the Treasury has placed the United States in a position to return more dollars directly to taxpayers. The President also confirmed that another round of tariff refund checks is on the table, saying the government now has “levels of tariff revenue that nobody believed possible.”