{"id":2267776,"date":"2024-06-14T10:53:03","date_gmt":"2024-06-14T14:53:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-floats-plan-to-eliminate-income-tax\/"},"modified":"2024-06-14T10:55:43","modified_gmt":"2024-06-14T14:55:43","slug":"trump-floats-plan-to-eliminate-income-tax","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-floats-plan-to-eliminate-income-tax\/","title":{"rendered":"Trump Proposes Abolishing Income Tax"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">10<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-floats-plan-to-eliminate-income-tax%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2267776&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Former\u2062 President Donald Trump, known for imposing tariffs on China during his presidency, is now considering a\u200b policy to replace or <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/momentum-to-axe-income-tax-mounts-in-seven-state-legislatures\/\" title=\"Seven State Legislatures Act Now to Reduce Income Tax\">reduce income tax<\/a> with tariffs. According to \u200breports from CNBC and discussions with GOP lawmakers, Trump suggested \u200can &#8220;all tariff policy.&#8221; This \u200bapproach \u2062could involve using\u2062 tariffs as leverage \u2062against\u2063 adversarial nations and to potentially offset income tax reductions. Reports from\u200b Bloomberg added that Trump discussed continuing his 2017 tax cuts, potentially ending taxes on tips, and raising tariffs, especially on adversarial countries, to compensate revenue losses from further tax cuts. This idea received\u2064 support from various attendees at the\u200c meeting, acknowledging tariffs as a balance to free trade while catering to economic strategy. Trump also mentioned a plan to exempt tips from\u2064 taxation for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/not-everyone-can-intermittent-fast-heres-why\/\" title=\"Not Everyone Can Intermittent Fast, Here\u2019s Why\">service industry workers<\/a>, aiming to benefit low-income\u200d Americans\u2064 in particular. The idea was seen as a way to strengthen connections to this\u2062 segment \u2064of the population and energize them. Meanwhile, The Western Journal, where this information was published, made\u200c a plea \u200bfor donations, citing financial challenges due to restrictions from Big \u200bTech and a reduction \u200cin\u2062 advertisers. \u200dThey emphasized the need for support to \u2063continue their operations and advocacy.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<header> <a href=\"https:\/\/www.westernjournal.com\/news\/\">  News <\/a>   <span> <\/p>\n<p><a href=\"https:\/\/www.westernjournal.com\/author\/russdavis\/\">  <\/a> <\/p>\n<p> <span>   By <a href=\"https:\/\/www.westernjournal.com\/author\/russdavis\/%20\"><span>Jack Davis<\/span><\/a> <\/span> <span>   June 14, 2024 at 7:44am <\/span> <\/span>  <\/header>\n<section>\n<p>Former President Donald Trump, who levied tariffs on China during his term in office, is considering using tariffs to reduce or replace the income tax, according to new reports.<\/p>\n<p>Per <a href=\"https:\/\/www.cnbc.com\/2024\/06\/13\/trump-all-tariff-policy-to-replace-income-tax.html\" target=\"_blank\" rel=\"noopener\">CNBC<\/a>, sources in a meeting between Trump and GOP lawmakers said the concept of an \u00a0\u201call tariff policy\u201d was brought up by Trump.<\/p>\n<p>Trump also considers tariffs a weapon to use against nations hostile to the United States, CNBC said it was told by another source it did not name.<\/p>\n<p>Tariff increases, a continuation of Trump\u2019s 2017 tax cuts, and an end to taxes of tips were all discussed, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-06-13\/trump-floats-tariffs-hikes-to-offset-some-income-tax-cuts\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a>.<\/p>\n<p>\u201cHe does want to look at lowering the income tax, and that could be offset and paid for by some type of tariffs, particularly on adversarial nations,\u201d Republican Rep. Nicole Malliotakis of New York said after the meeting.<\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"en\">Trump: Tariffs give tremendous power over countries<a href=\"https:\/\/t.co\/CXl8ZsyYvQ\">https:\/\/t.co\/CXl8ZsyYvQ<\/a><\/p>\n<p>\u2014 WideAwakeSharon \ud83d\udcd6\u271d\ufe0f\ud83c\uddfa\ud83c\uddf8 (@WideAwakeSharon) <a href=\"https:\/\/twitter.com\/WideAwakeSharon\/status\/1801437800174068097?\">June 14, 2024<\/a><\/p>\n<\/blockquote>\n<p>Republican Rep. Marjorie Taylor Greene of Georgia said Trump is considering using tariffs to address the revenue hole if taxes are cut further.<\/p>\n<p>\u201cPresident Trump says \u2018this is an idea, but I\u2019d love to raise tariffs\u2019 and then he said, \u2018and maybe even no income taxes on Americans.\u2019 Everyone was clapping in the room,\u201d she said. \u201cI think that\u2019s a fantastic idea.\u201d<\/p>\n<div id=\"firefly-poll-container\">\n<p>Should income tax be eliminated?<\/p>\n<\/p><\/div>\n<p>Republican Rep. Jodey Arrington of Texas said he <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/koch-network-to-oppose-trump-in-2024\/\" title=\"Koch Network to Oppose Trump in 2024\">supports free trade<\/a>, but said tariffs can be useful.<\/p>\n<p>\u201cRepublicans who are free trade realize there has to be a balance,\u201d Arrington said, per Bloomberg. \u201cTrump\u2019s message on tariffs has been embraced.\u201c<\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"en\">BREAKING: Trump\u2019s plan to eliminate taxes on tips for restaurant and hospitality workers will influence over 12 MILLION Americans, the majority of which are in larger cities<\/p>\n<p>I predict a few more million voters are switching to Trump because of this one statement<\/p>\n<p>GENIUS <a href=\"https:\/\/t.co\/YJlDwmZqFr\">pic.twitter.com\/YJlDwmZqFr<\/a><\/p>\n<p>\u2014 George (@BehizyTweets) <a href=\"https:\/\/twitter.com\/BehizyTweets\/status\/1799928594048627135?\">June 9, 2024<\/a><\/p>\n<\/blockquote>\n<p>On Sunday, during a rally in Las Vegas, Trump indicated he opposes taxes on tips, which are a major source of income for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of President Trump\u2019s Accomplishments \u2013  And It Is Historic!\">low-wage workers<\/a> in the service industry, according to <a href=\"https:\/\/thehill.com\/homenews\/campaign\/4713392-donald-trump-taxes-on-tips\/\" target=\"_blank\" rel=\"noopener\">The Hill<\/a>.<\/p>\n<p>\u201cFor those hotel workers and people that get tips, you\u2019re going to be very happy. Because when I get to office, we are going to not charge taxes on tips,\u201d Trump said.<\/p>\n<p>\u201cWe\u2019re not going to do it, and we\u2019re going to do that right away, first thing in office, because it\u2019s been a point of contention for years and years and years. And you do a great job of service, you take care of people and I think it\u2019s going to be something that really is deserved,\u201d he said.<\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"en\">President Trump has introduced a plan to not tax tips earned by service industry workers. As someone who used to work in the service industry in my 20s, I can\u2019t tell you how significant this is. Allowing workers to keep more of the money they earn is the most American thing you\u2026 <a href=\"https:\/\/t.co\/VaW2nqFwoZ\">pic.twitter.com\/VaW2nqFwoZ<\/a><\/p>\n<p>\u2014 Conservative News Feed (@C_N_F__on__X) <a href=\"https:\/\/twitter.com\/C_N_F__on__X\/status\/1800452926806126904?\">June 11, 2024<\/a><\/p>\n<\/blockquote>\n<p>Republican Sen. Mike Rounds of South Dakota said the idea has merit as the GOP tried to forge stronger connections to low-income Americans, according to <a href=\"https:\/\/www.reuters.com\/world\/us\/republicans-hope-unity-message-trump-visit-congress-2024-06-13\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a>.<\/p>\n<p>\u201cIf there was something we could do to really energize that particular segment of the population, that might be a real popular thing to do,\u201d Rounds said.<\/p>\n<hr>\n<div>\n<p><b><i>An Important Message from Our Staff:<\/i><\/b><\/p>\n<p><i><span>We who work here at The Western Journal have fought for years against Big Tech and the elites who want to shut us down and then shut America down. <\/span><\/i><\/p>\n<p><i><span>Make no mistake \u2014 nothing will be the same after November 2024. Will you help us fight? Will you <\/span><\/i><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>help us expose the America-hating elites<\/span><\/i><\/a><i><span>  who will do everything they can to steal this election? <\/span><\/i><\/p>\n<p><i><span>We\u2019re a small group of people fighting to save the country for our readers and for our own family and friends. <\/span><\/i><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>Can we count on your help?<\/span><\/i><\/a><\/p>\n<p><i><span>At this point, Big Tech has cut off our access to 90% of advertisers. Imagine if someone took 90% of your paycheck and there was nothing you could do. They\u2019re trying to starve us out.<\/span><\/i><\/p>\n<p><i><span>Donations from readers like you have literally helped keep our lights on, and <\/span><\/i><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>we need you<\/span><\/i><\/a><i><span>  now more than ever. <\/span><\/i><\/p>\n<p><i><span>We operate on a shoestring budget, but with that budget, we terrify the globalists. Please help us continue the fight. <\/span><\/i><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>Stand with us<\/span><\/i><\/a><i><span>, and we will never surrender.<\/span><\/i><\/p>\n<p><i><span>Thank you for reading The Western Journal and for believing in America. <\/span><\/i><\/p>\n<p><i><span>It is a pleasure to serve you.<\/span><\/i><\/p>\n<p><i><span>P.S. Please don\u2019t let the America-hating left win. <\/span><\/i><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><i><span>Stand with us today<\/span><\/i><\/a><i><span>!<\/span><\/i><\/p>\n<\/p><\/div>\n<div id=\"author-info-44685\">\n<p><a href=\"https:\/\/www.westernjournal.com\/author\/russdavis\/\">  <\/a> <\/p>\n<div>\n<p><label for=\"summary-tab-radio-44685\">Summary<\/label><label for=\"more-info-tab-radio-44685\">More<span> Biographical Information<\/span><\/label><label for=\"posts-tab-radio-44685\">Recent<span> Posts<\/span><\/label><label for=\"contact-tab-radio-44685\" onclick=\"if( typeof grecaptcha=='undefined' ) { let cap_s=document.createElement( 'script' ); cap_s.src='https:\/\/www.google.com\/recaptcha\/api.js?render=6LeJFcsUAAAAAPsIEqvB1EebWbZfqRUe6ebMpGy7'; document.body.appendChild( cap_s ); }\">Contact<\/label><\/p>\n<div>\n<p>Jack Davis is a freelance writer who joined The Western Journal in July 2015 and chronicled the campaign that saw President Donald Trump elected. Since then, he has written extensively for The Western Journal on the Trump administration as well as foreign policy and military issues.<\/p>\n<\/p><\/div>\n<div>\n<p>  Jack Davis is a freelance writer who joined The Western Journal in July 2015 and chronicled the campaign that saw President Donald Trump elected. Since then, he has written extensively for The Western Journal on the Trump administration as well as foreign policy and military issues. <br \/> Jack can be reached at jackwritings1@gmail.com. <\/p>\n<p>  Location <\/p>\n<p>  New York City <\/p>\n<p>  Languages Spoken <\/p>\n<p>  English <\/p>\n<p>  Topics of Expertise <\/p>\n<p>  Politics, Foreign Policy, Military &#038; Defense Issues <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former President Donald Trump, known for imposing tariffs on China, is contemplating using tariffs to potentially reduce or replace income tax, CNBC reports. Sources claim that during a meeting with GOP lawmakers, Trump discussed the idea of an &#8220;all-tariff&#8221; revenue system<\/p>\n","protected":false},"author":661,"featured_media":2267777,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/06\/trump-dance.jpg","fifu_image_alt":"","footnotes":""},"categories":[548],"tags":[],"class_list":["post-2267776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conservative-news-daily"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/06\/trump-dance.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2267776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/661"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2267776"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2267776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2267777"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2267776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2267776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2267776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}