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Economy@lemmy.worldEnglish · 6 months ago

Trump tells Joe Rogan he supports getting rid of income taxes and instead relying on tariffs—’Yeah, sure, but why not?’

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Trump tells Joe Rogan he supports getting rid of income taxes and instead relying on tariffs—’Yeah, sure, but why not?’

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Economy@lemmy.worldEnglish · 6 months ago

Trump tells Joe Rogan he supports getting rid of income taxes and instead relying on tariffs—'Yeah, sure, but why not?'

Trump has also teased eliminating taxes on tips, overtime pay, and Social Security payments, as well as exemptions for the military, veterans, and first responders.

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Ajen@sh.itjust.works
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6 months ago
True. But it’s also part of a greater strategy to avoid paying taxes.

https://www.investopedia.com/terms/t/taxgainlossharvesting.asp

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