President Donald Trump indicated that income taxes will be reduced or even eliminated for many people due to tariffs, with a focus on people earning under $200,000 per year.

President Trump suggests that increased tariffs on imports could replace income taxes. He claims there's a 'real possibility' that tariff revenues could be substantial enough to eliminate income taxes for millions of Americans.

President Trump floated a new income tax cut Sunday as a way to mitigate the impact of his sweeping tariffs, which polls show Americans increasingly believe will lead to higher prices. “When