President Trump’s latest proposal aims to eliminate federal income taxes for individuals earning $150,000 or less, offsetting the revenue loss with increased tariffs on foreign imports. While this plan could benefit many Americans, critics argue that the reliance on tariffs may disproportionately affect lower and moderate-income households due to higher consumer prices.  #TrumpTaxPlan #IncomeTaxElimination #TariffImpact #EconomicDebate #TaxPolicy #USPolitics #FinancialNews #EconomicPolicy #TaxReform #TradeTariffs