On Friday, Fox News contributor James Freeman questioned President Donald Trump’s proposed plan to “almost completely” eliminate income tax, saying, “The math doesn’t really work there.” Freeman, also ...
President Donald Trump has promised to “substantially” cut income taxes, but experts say the plan doesn’t add up. Fox News contributor James Freeman cautioned those hopeful, saying, “The math doesn’t ...
President Donald Trump has recently claimed his tariffs will generate so much money that Americans could soon stop paying federal income taxes. But experts say he's overpromised. "Over the next couple ...
Running the Numbers: Can Tariffs Replace Income Tax Revenue? If you want to raise $2.4 trillion from a roughly $3.5-trillion base of imports, the back-of-the-envelope math suggests you need an average ...