Trump has suggested the United States might not need income taxes — thanks to tariff policies he only pretends to understand. What could possibly go wrong?

Donald Trump took the stage to raucous cheers, promising to lower taxes and cut energy bills by 50% in his first year as president by drilling and producing more energy in the U.S. “No tax on tips, no tax on overtime and no tax on Social Security benefits,

In his response, the former president made reference to the country’s economic policies of the late 19th century, when funds from income tax were replaced with new trade tariffs. “It had all tariffs — it didn’t have an income tax ,

The former president has frequently expressed admiration for a time in U.S. history when there was no income tax, and the go

Donald Trump proposes to eliminate federal income taxes and replace them with tariffs to generate revenue, reminiscent of the 1890s. Experts widely criticize the idea as unrealistic and unfeasible, arguing that it could harm the economy and fail to support current government spending levels.