In a huge moment during his State of the Union (SOTU) address that flew under the radar, given some of his theatrics and the Democrat messaging disaster of staying seated when asked to stand if they represented Americans before illegal aliens, along with Ilhan Omar losing it and screaming, President Trump revealed that tariffs are on track to eventually replace the income tax.
In fact, the president boldly repeated an argument he has made before, which is that a thriving economy and his relatively high tariffs will bring in enough revenue that the much-despised personal income tax can be done away with. He said that, under such a system, our government will be “paid for by foreign countries,” as tariff revenues will eventually “replace the modern-day system of income tax.”
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