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International Business Times UK
International Business Times UK
World
Denise Nequinto

Trump Says There May Be No 'Income Tax to Pay' as POTUS Boasts Tariff Numbers

US President Donald Trump at the Women's History Month Celebration at the White House (Credit: Official White House Photo by Molly Riley/Wikimedia Commons)

US President Donald Trump has suggested that American citizens may no longer be required to pay income tax in the near future, asserting that surging revenue from import tariffs could fully replace the federal levy.

The remarks, delivered during a press briefing at the White House, mark a significant escalation in the administration's protectionist economic rhetoric, despite official data showing a massive disparity between tariff income and the budgetary needs of the US government.

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