Former President Donald Trump on Thursday proposed a new solution to getting rid of the U.S. income tax: an “all tariff policy," the preemptive Republican nominee told GOP lawmakers, according to CNBC.
In the meeting, Trump's first visit back to Capitol Hill since Jan 6, 2021, Trump attended a Republican "pep talk" in which he reiterated his belief that import taxes could replace those on income, a policy that reduce the tax burden on wealthy Americans while jacking up prices paid by consumers.
