Trump: U.S. May ‘Almost Completely’
Scrap Income Tax Due to Tariff Revenue
Breitbart News,
by
Sean Moran
Original Article
Posted By: Mercedes44,
11/29/2025 6:11:38 AM
President Donald Trump late Thursday said that the United States may “almost completely” eliminate the income tax due to the rising tariff revenue.
n the next couple of years, I think we’ll substantially be cutting, or maybe cutting out completely, but we’ll be cutting income tax,” Trump said during an event on Thursday.
“Could be almost completely cutting it because the money we’re taking in is going to be so large,” he added.
The Congressional Budget Office (CBO) in June projected that the tariff increases will reduce the federal deficit by $2.8 trillion over the next decade.
Breitbart News Economics Editor John Carney wrote:
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Unfortunately, he has to go through a boat load of greedy senators and representatives who will want to launder this new money source into their pockets and their pet projects so they can stay in power.
But IF he could pull this off, republicans would get credit for this for decades.
44 people like this.
Reply 2 - Posted by:
kdog 11/29/2025 7:09:12 AM (No. 2035203)
Democrats will never go for it, and getting the Republicans together will be like herding squirrels. The only thing politicians like more than controlling other people's money is controlling MORE of other people's money.
44 people like this.
Reply 3 - Posted by:
DiegoDude 11/29/2025 7:12:58 AM (No. 2035205)
Kill the filibuster and this may stand a good chance of happening. Dismembering the IRS would be a tougher task though.
24 people like this.
Reply 4 - Posted by:
billa57 11/29/2025 7:45:47 AM (No. 2035213)
That's the way it used to be done. Let other countries pay to do business with the US. Almost all of them have outrageous tariffs imposed on us.
27 people like this.
Reply 5 - Posted by:
Strike3 11/29/2025 8:01:40 AM (No. 2035221)
While they are at it, scrap 50% of the IRS personnel and 90% of the ridiculous rules so people don't have to use those overpriced tax preparers. Pay off some of that growing debt.
29 people like this.
Reply 6 - Posted by:
Plex 11/29/2025 8:32:07 AM (No. 2035228)
I would prefer that the tariff income be used to pay down the enormous debt thus reducing the budget needs for paying interest. When the debt is paid down it is possible that the tariff income could be sufficient to run the country. But... posters are correct that the goal of politicians is to spend money and the more money the have the happier they are so the chances of overall reducing the amount of money spent by the government is near zero.
28 people like this.
Reply 7 - Posted by:
hershey 11/29/2025 8:48:43 AM (No. 2035232)
Pardon if I call BS...as much as I love Trump, a 10 year reduction of 2.8 Trillion won't mean much if the government keeps on spending multiple trillions over the same period...
28 people like this.
Reply 8 - Posted by:
Trump Won 11/29/2025 9:05:25 AM (No. 2035242)
Well, if there is no income tax, what will democrat politicians steal?!?
16 people like this.
Reply 9 - Posted by:
Kate318 11/29/2025 9:29:44 AM (No. 2035253)
I can hear the political caterwauling now. What will all those with their fingers in the taxpayers’ pie do without their reliable source of grift?
11 people like this.
Reply 10 - Posted by:
bighambone 11/29/2025 9:47:36 AM (No. 2035258)
Well Trump will certainly be up against congressional reality if he tries to have the Congress do away with the Federal Income Tax. The history of income taxes shows that the Congressional Democrats always support raising up the income and other taxes, while sometimes the wimpy Republicans say they would go along with lowering income and other taxes. Of course it has been the Congressional Democrat and their special interest tax agendas that usually have prevailed in the past.
6 people like this.
Reply 11 - Posted by:
JHHolliday 11/29/2025 9:51:09 AM (No. 2035260)
Tariffs are one of the main causes of the Civil War. When Lincoln was told that the South would likely secede, he said, "But what will become of my tariffs"? There was no income tax at the time and the North would lose the warm water ports. Tariffs ran the country. This was at the tail end of The Little Ice Age and the northern ports could become ice choked in winter and the wooden ships of the time had a hard and dangerous time entering those ports. The South would have Charleston, Savannah, New Orleans etc. and control import/export. Lincoln had the abolitionists screaming in one ear and the northern businessmen in the other. He felt the only solution was to invade a seceded South. Rightly or wrongly, 600,000 dead in battle, thousands more maimed and a devastated South that took years to recover. A big factor, maybe the main factor, was money.
Trump is right about tariffs but other posters are correct. Give the politicians more money to p*** away and they will keep the income tax and waste the extra on pet projects instead of trying to pay down our massive debt.
17 people like this.
Reply 12 - Posted by:
DVC 11/29/2025 10:23:36 AM (No. 2035271)
This was the original plan of the founding fathers. NO income tax, and they HATED taxes like that.
12 people like this.
Reply 13 - Posted by:
Starboard_side 11/29/2025 10:29:44 AM (No. 2035276)
Never forget when Democrats scream about taxing businesses more that it's the consumer (taxpayers) who pay those taxes in the form of higher priced goods and services.
So, when those same Democrats scream about tariffs are a tax that is paid by consumers mantra.....
Need to control the size and scope of government employment which is a MASSIVE expense.
7 people like this.
Reply 14 - Posted by:
mc squared 11/29/2025 10:35:52 AM (No. 2035282)
The income tax is only about 110 years old. We got along before that.
11 people like this.
Reply 15 - Posted by:
janjan 11/29/2025 10:52:58 AM (No. 2035286)
Pay down the debt sir. It’s the best thing you could do for the future of America.
14 people like this.
Reply 16 - Posted by:
doctorfixit 11/29/2025 11:29:40 AM (No. 2035299)
That would be great. Then get rod of Capital Gains & Property Taxes.
5 people like this.
Reply 17 - Posted by:
JunkYardDog 11/29/2025 11:40:28 AM (No. 2035306)
If Trump halved the fed income tax, blue states would DOUBLE state & local taxes. Because, you know, us hoi polloi cant have it TOO good.
11 people like this.
Reply 18 - Posted by:
LC Chihuahua 11/29/2025 12:46:02 PM (No. 2035331)
What about the debt? What about the out-of-control spending? I don't see any revenue stream being done away with. At least not until the debt is paid off. This sounds like more vote buying. We already have enough of that.
7 people like this.
Reply 19 - Posted by:
Roscoelewis 11/29/2025 1:16:03 PM (No. 2035342)
Pay down the national debt and never elect another democrat.
7 people like this.
Reply 20 - Posted by:
anniebc 11/29/2025 1:39:02 PM (No. 2035355)
But the left needs our money. What will they do? This will be what I've been for decades begging to see happen. If PDT can get this done, I want him another four years. Bump the rules. The rules don't matter when folks steal elections. Let the American people decide.
6 people like this.
Reply 21 - Posted by:
Strike3 11/29/2025 1:55:27 PM (No. 2035368)
Just my luck if he does it now that I'm on SS and have minimal income. Where were you when I was making the big bucks and paying through the nose?
7 people like this.
Reply 22 - Posted by:
caljeepgirl 11/29/2025 4:04:32 PM (No. 2035407)
Grover Cleveland's ghost must be haunting the White House.
3 people like this.
Reply 23 - Posted by:
Redwing57 11/29/2025 8:35:29 PM (No. 2035435)
The tariffs will be in the cost structure of companies. Their prices will rise to cover it, and more since they'll apply profit margin percentage to those costs. And we know that Congress will never reduce taxes to compensate. They'll just spend yet more than the tariffs provide. They always do.
This whole discussion is misbegotten. The revenue side is not the problem. No one's addressing spending, the real problem. Politicians use this misdirection tactic like a magician. They make you look at something obvious while doing something else entirely.
5 people like this.
Reply 24 - Posted by:
JimBob 11/29/2025 9:33:29 PM (No. 2035439)
I remember my Dad, a USMC staff sergeant combat veteran, telling me:
"A Freedom, once taken away, is Never Restored, and
A Tax, once imposed, is Never Repealed."
I remember President Reagan pushed through a pretty good Federal tax cut, and money coming into the Federal government nearly doubled. (Some L-dotter double check me on that.).... The 'Rats in Congress spent all the additional income and spent more on top of that, then later claimed that "Reagan cut taxes and the Deficit Soared."
6 people like this.
Reply 25 - Posted by:
davew 11/29/2025 11:29:26 PM (No. 2035446)
Eliminating federal income taxes on wages would boost take-home pay and short-run demand, but would create significant inflation, distributional, and funding problems unless offset by other taxes or large spending cuts. It would weaken one of the main tools that manage inflation and help maintain demand for the dollar, so the state would need new mechanisms to “drive” the currency and remove its spending power.
Because higher earners pay a disproportionate share of income tax, abolishing it would skew benefits toward higher-income households unless offset by other progressive measures. If the lost revenue were made up with broad consumption taxes or tariffs (a common proposal), the system would become more regressive, since lower-income households spend a higher share of their income on taxable goods.
2 people like this.
Reply 26 - Posted by:
Redbone 11/30/2025 8:09:29 AM (No. 2035486)
This is more BS from the Salesman. First, he wasn't going to tax Social Security. Then he was going to give every American a $2,000 check. Now he's going to eliminate income tax. I call BS. If we are really raking in money on tariffs, how about balancing the budget and paying off our debt?
2 people like this.
#15 Paying off debt only helps if it is accompanied by a permanent ban on deficit spending. It would be like paying off you grown child's credit cards and watching them charge even more with their great fresh start.
4 people like this.
Reply 28 - Posted by:
Rumblehog 11/30/2025 10:35:27 AM (No. 2035588)
Just think of it as the Federal Government paying a "Tariff Refund" to every American CITIZEN for their participation in the American economy arising from purchases of the foreign goods, which had already paid tariffs in order to be sold in the American "Marketplace."
It will be a complete "Political Master Stroke," which NO Democrat/Leftist/Wanna-be-Commie can EVER run against! This will upend the crime that began in WWI under the despicable, leftist Professor Woodrow Wilson.
2 people like this.
First we Boomers should redeem ourselves by paying down the National Debt, the interest costs of which now consume a trillion dollars of revenue yearly.
0 people like this.
Reply 30 - Posted by:
Geoman 11/30/2025 12:50:28 PM (No. 2035653)
"The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration."
16th Amendment to the Constitution, ratified by the States on 2/3/1913.
Shortly after ratification, Congress passed the Revenue Act of 1913, and has been collecting income taxes since. Trump cannot eliminate income taxes by Executive Order, so Congress would have to go along. That Trump did not even suggest that our crushing national debt be paid down before eliminating personal income taxes is beyond curious.
0 people like this.
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