Trump Proposes NO INCOME TAX For Earners Under $150,000! (Jimmy Dore)

President Donald Trump has flirted with the idea of abolishing the IRS and creating a revenue stream from tariffs to offset major tax cuts. His latest pitch reportedly calls to end taxes for individuals earning less than $150,000 a year.

“I know what his goal is — no tax for anybody making under $150,000 a year,” Commerce Secretary Howard Lutnick told CBS News. “That’s his goal. That’s what I’m working for.”

Jimmy and Americans’ Comedian Kurt Metzger discuss the various tax schemes Trump has proposed, including ending taxes on tips and Social Security payments.



[Posted at the SpookyWeather2 blog, May 2, 2025.]