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Trump Says There May Be No 'Income Tax to Pay' as POTUS Boasts Tariff Numbers

US President Donald Trump claimed that because of the high tariff revenues, there may not be a need to pay federal income tax.

International Business Times UK · Dec 2, 2025

Trump's Tariff Rollbacks, Housing Market Anomaly, Bitcoin's 'Mirror Image' And More: This Week In Economy

As the week wraps up, let’s take a look at some of the most significant stories that unfolded over the past few days.

Benzinga · Nov 30, 2025

Trump Tariff Policy Is A 'List Of Lies And Exaggerations,' Says This Economist And They Reveal More Than A 'Wonky List Of Truths'

Economist Justin Wolfers pushed back against President Donald Trump’s recent tariff claims, criticizing them for being misleading.

Benzinga · Nov 28, 2025

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Fed Governor Stephen Miran Reportedly Says He Won't 'Inflict Real Harm' On The Economy Just To Prove A Point — Pushes For A Rate Cut

Federal Reserve Governor Stephen Miran signaled his willingness to support the Fed’s decisions if it pursues another interest rate cut, instead of issuing another symbolic dissent as he has in the past.

Benzinga · Nov 27, 2025

Top Economist Says Trump's Tariff Rollbacks Are A 'Remarkable Admission' That His Policies Raised Prices

President Donald Trump's recent decision to roll back specific tariffs to combat soaring consumer costs constitutes a “remarkable admission” that his signature trade policies have directly fueled inflation, argues prominent economist Justin Wolfers.

Benzinga · Nov 26, 2025

DOGE Disbands 8 Months Before Expiration Date: 'Office Doesn't Exist,' Says Trump's OPM Director

The Department of Government Efficiency, originally an Elon Musk-backed effort to shrink the federal government, has disbanded with about eight months left on its charter, ending an initiative billed as a flagship of President Donald Trump's cost-cutting agenda.

Benzinga · Nov 24, 2025

Top Economist Warns September Jobs Report Is Warning To 'Cut Back On The Economic Junk Food'

Despite a September jobs report that saw the U.S. economy add 119,000 positions—more than double the expectations of forecasters—top economist Justin Wolfers is urging caution, warning that rising unemployment signals it is time for the country to “cut back on the economic junk food.”

Benzinga · Nov 21, 2025

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Top Economist Warns Trump Tariffs Effectively Impose Tax Rate On Low-Income Households That Is Triple Of High-Income Ones

A new analysis from Yale's Budget Lab shows that the sweeping tariffs imposed by President Donald Trump in 2025 act as a highly regressive tax, hitting America's poorest households more than three times harder than the richest.

Benzinga · Nov 19, 2025

Top Economist Warns White-Collar Workers Are Facing Their 'Detroit Auto Worker' Moment As AI Begins Replacing Cognitive Jobs

Economist Justin Wolfers has issued a stark warning that white-collar professionals are now facing their “Detroit auto worker” moment due to the rise of artificial intelligence (AI).

Benzinga · Nov 17, 2025

Kevin O'Leary Says 'You'll Never Actually Own The House' With Trump's 50-Year Mortgage Plan: Shark Explains Why Its Bad Policy

Investor Kevin O’Leary is pushing back against President Donald Trump’s plans for a 50-year mortgage, warning that it would deepen the country's housing affordability crisis rather than solve it.

Benzinga · Nov 13, 2025

‘We’re an unreliable partner’: Economist Justin Wolfers breaks down how Trump’s tariffs are going to seriously hurt the U.S. in the long term

Economist Justin Wolfers exposed how Trump’s tariffs are making goods pricier and America itself look unreliable. He proved that the self-proclaimed “deal-maker” is just breaking the world’s trust instead.

The Mary Sue · Nov 9, 2025

Mohamed El-Erian Warns Government Shutdown Damage Is Intensifying: 'The long This Persists, The Slower And Less Complete The Bounce-Back...'

Prominent economist Mohamed El-Erian is sounding the alarm over the prolonged U.S. Government shutdown, warning that the economic consequences are becoming more severe as the standoff stretches into its 34th day.

Benzinga · Nov 4, 2025

Trump Loyalist Stephen Miran's 'Utterly Incoherent Case For Rate Cuts' Convinces 'No-One,' Says Economist After His Dissent

The Federal Reserve cut its benchmark interest rate by a quarter-percentage point on Wednesday, but the decision was overshadowed by sharp internal dissent and scathing external criticism of one of its governors.

Benzinga · Oct 30, 2025

Justin Wolfers Says Government Shutdowns Barely Dent GDP, But Calls It 'Big Values Fail' — Voters Pay Their Taxes 'Either Way'

Economist Justin Wolfers said that the economic cost of a government shutdown may be limited in terms of GDP, but the broader toll is measured in sidelined workers and eroded values.

Benzinga · Oct 27, 2025

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Benzinga · Oct 24, 2025

Bernie Sanders: 'Elon Musk Became $186 Billion Richer' Under Trump — Things Going 'Pretty Well' For Billionaires, But 'How Are You Doing?'

Sen. Bernie Sanders (I-VT) criticized the widening wealth gap amid the surge in the net worth of billionaires during President Donald Trump’s second term in office.

Benzinga · Oct 21, 2025

Justin Wolfers Says AI's Soaring Energy Demand Is Like Egg Shortage — But Predicts Market Will 'Hatch More Watts' As Prices Rise

Economist Justin Wolfers compared the current surge in electricity demand driven by artificial intelligence to a temporary "egg shortage," arguing that rising prices will spur new investment and stabilize power supply over time.

Benzinga · Oct 20, 2025

Dan Niles Channels Keynes On AI Hype, Warns Market Can Stay 'Irrational' Longer Than Investors Can Stay Solvent

Investor Dan Niles of Niles Investment Management said that the current market valuations are lofty, there is still room to run before the tide begins to turn.

Benzinga · Oct 20, 2025

Justin Wolfers Says Calling AI Bubble Is A Bit Like Trying To Spot The Top Of Mt. Everest, Economist Questions 'Confident Bears'

Economist Justin Wolfers pushed back against “confident” bears, suggesting that fears of a massive AI bubble may be overhyped and that the soaring valuations seen in the tech sector “actually do make sense.”

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Benzinga · Oct 14, 2025

'A Tale of Two Economies:' Steve Eisman Warns AI Spending Is Masking America's Weak Growth Reality — Rest Of Country 'Is Barely Growing'

Investor Steve Eisman, known for accurately calling the 2008 financial crisis, is sounding the alarm once again, this time on the growing disconnect between America’s booming tech sector and its stagnating broader economy.

Benzinga · Oct 13, 2025

Stock Market Today: Dow Jones, S&P 500 Rally After Trump Hints At De-Escalation With China— Tesla, Meta And Other Mag 7 Stocks In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.

Benzinga · Oct 13, 2025

Justin Wolfers Warns Of 'Two Economies:' 'We're On The Cusp Of A Non-AI Recession'

Economist Justin Wolfers issued a stark warning in a recent CNN appearance, arguing that the U.S. is effectively operating as “two economies” where a massive Artificial Intelligence boom is concealing significant weakness in all other sectors.

Benzinga · Oct 13, 2025

TACO 'Strikes Again,' Says Peter Schiff As Trump Calls Xi Jinping 'Wonderful President' Amid China Trade Escalation: What Economists Are Saying

Economists are reacting to President Donald Trump’s latest tariff escalation with China, as well as the subsequent walk-back over the weekend, following the sharp selloff in risk assets on Friday.

Benzinga · Oct 7, 2025

Trump's Tariffs And 'Dumb Policies' Are Hurting Business Demand, Says Anthony Scaramucci: Consumers Are 'Sheltering In Place'

Former White House Communications Director Anthony Scaramucci criticized President Donald Trump’s trade and tariff policies, blaming them for rising inflation, along with the slowdown in business and consumer demand.

Benzinga · Oct 1, 2025

Government Shutdown A 'Pointless Spectacle,' Says Wolfers As El-Erian Warns of 'DOGE 2.0': What Economists Are Saying

As the U.S. government heads into another shutdown, prominent economists are weighing in with their takes, offering fresh warnings while expressing their frustrations.

Benzinga · Sep 30, 2025

Rand Paul Says It Is In American DNA To Rebel Against Taxation Without Representation, Which Includes Tariffs

Sen. Rand Paul (R-KY) on Sunday drew on historical economic principles to criticize modern tariffs, linking them to the foundational American resistance to taxation without representation.

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