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GOBankingRates
GOBankingRates
Chris Adam

Who Would Benefit the Most From Trump’s Proposed Income Tax Plan?

Donald Trump Income Tax Dennis Shirshikov GOBankingRates GoBankingRatescom
Ron Sachs/CNP / SplashNews.com

It seems like an intriguing idea: President Donald Trump has talked about the possibility of tariffs replacing income taxes. It’s certainly not a new thought. As noted by SmartAsset, it’s similar to early American money policy where tariffs were the primary revenue source for the federal government.

Check Out: Trump Wants To Replace Income Taxes With Tariffs: 2 Impacts on the Middle Class

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