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Trump floats ending the federal income tax. Here’s what that would mea

10/29/24
Vlog Advisor

Trump suggests eliminating federal income tax, sparking debate on economic impacts and funding.. Ending income tax could affect Social Security benefits and how government services are financed.. Trump's proposal recalls 19th-century tariffs as a primary means of funding federal expenditures.. Potential tariffs may replace income tax, impacting trade relations and consumer prices.. With elections approaching, Trump's tax plans become a central point of political discussion.

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