Politics Today News Trump Defends Idea Of Raising Taxes On Wealthiest Americans It S Good Politics
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Trump has said tariff revenue may allow Americans to stop paying income taxes. The math doesn’t add up
The federal income tax brought in about $2.4 trillion in 2024, which is more than 14 times what Trump’s second-term tariffs are generating. Read More
President Trump thinks tariff revenue could replace individual income taxes. Experts weigh in.
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs. Read More
Republicans Dump On Trump's Tariff Rebates: 'Crazy Idea'
WASHINGTON – Republicans on Capitol Hill don’t love President Donald Trump’s proposal to send out $2,000 checks to American households next year. Sen. Rand Paul (R-Ky.) called it a “crazy idea,” since ... Read More
How billionaires took over American politics
Warning: This graphic requires JavaScript. Please enable JavaScript for the best experience. New York City billionaire John Catsimatidis has long been immersed in ... Read More
How billionaires took over American politics
New York City billionaire John Catsimatidis has long been immersed in politics. But last year the Republican real estate and oil tycoon donated more money than he ever had before — $2.4 million to ... Read More
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