U.S. President Donald Trump plans to replace income taxes with tariffs, but what does that mean for the average middle-class ...

Tariffs and taxing the rich are both economically infeasible ways to fund the federal government, and the only sustainable way to fund big government is with broad-based taxes on everyone, rich, ...

During the 2024 campaign and since, President Trump has mused about replacing the income tax with tariffs. Trump believes that tariffs will put the burden of financing the U.S. government on the ...

Yet reaching new trade pacts with lower tariff rates would undercut the president's goal of relying on import duties to replace the federal income tax. Mr. Trump's back-and-forth on his tariffs ...

U.S.WASHINGTON, May 23, 2025 (GLOBE NEWSWIRE) -- According to former White House and Pentagon Insider Jim Rickards, two major shifts are now unfolding: the possible closure of the IRS and the ...

One of the thorniest issues in negotiations had been how much to raise the state and local tax deduction, now capped at ...

There’s little doubt and no small amount of evidence that when material tax change is introduced it has an impact on ...