Trump Says US May Cut Income Tax Completely in Next Couple of Years Due to Tariff Income

The president said the tariffs imposed on foreign nations have generated substantial revenue.
Trump Says US May Cut Income Tax Completely in Next Couple of Years Due to Tariff Income
President Donald Trump participates in a call with service members on Thanksgiving Day in Palm Beach, Fla., on Nov. 27, 2025. Anna Rose Layden/Reuters
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President Donald Trump said on Nov. 27 that the United States could eliminate income taxes over the next couple of years due to revenue generated from tariffs.

Trump made the remarks during a Thanksgiving call with U.S. service members, saying the tariffs he imposed on foreign nations have generated substantial revenue and pushed companies to build their manufacturing facilities in the United States to avoid tariff costs.
Aldgra Fredly
Aldgra Fredly
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Aldgra Fredly is a freelance writer covering U.S. and Asia Pacific news for The Epoch Times.