Trump Proposes Major Tax Overhaul, Sparking Economic Debate

Former President Trump suggests eliminating federal income taxes, but experts warn of potential economic consequences.

Donald Trump has proposed eliminating federal income taxes, citing historical reliance on tariffs for revenue.
Economists criticize the plan as a political stunt, arguing it could significantly increase the national deficit.
Trump suggests using tariffs to offset revenue losses, but experts warn of potential foreign retaliation and economic disruption.
The proposed tax cuts could exempt up to 93 million Americans, yet lack a clear plan for reducing government spending.
Critics highlight the disconnect between Trump's tax proposals and the need for a comprehensive fiscal strategy.