President Trump just dropped another political thunderbolt, casually telling his cabinet that the federal income tax, that century-old anchor tied around every American worker’s ankle, might actually be on the chopping block. And he isn’t talking about shaving off a few percentage points. He’s hinting that it could disappear altogether if tariff revenue keeps exploding the way it has under his policies.
During a cabinet meeting at the White House, Trump explained that tariffs are now pouring into the Treasury at levels “nobody believed possible.” According to the president, the government has hit a point where foreign competitors are carrying so much of the load that Washington may no longer need to drain American paychecks to keep the lights on. That’s a sentence millions of taxpayers have been waiting to hear for decades.
Trump told the press, “The money we are taking in is so great, it is so enormous. In the not too distant future, you will not even have income tax to pay.” He even joked the government could keep a tiny tax “around for fun,” which is probably the first time anyone has used the words fun and income tax in the same breath. He didn’t blink when saying it, and you could practically hear IRS attorneys clutching their pearls from across the Potomac.
He also hinted that another round of tariff refund checks is coming. Apparently the Treasury has so much surplus tariff revenue that sending cash back to American families is now a realistic option. Imagine that, a government that taxes foreign goods instead of the citizens who actually live here.
The push is vintage Trump. He has said for years that tariffs should fund a large portion of federal operations, returning America to the model used before 1913, when the Sixteenth Amendment created the income tax system we’ve all come to loathe. Back then, tariffs funded the country and Americans kept their entire paychecks. That wasn’t a radical idea, it was normal. Trump’s argument is simple. If foreign nations flood our markets, they should help pay our bills.
He also confirmed he will reveal his pick for the next Federal Reserve Chair in early 2026. If that nominee shares Trump’s appetite for rewriting economic orthodoxy, buckle your seatbelt, because the financial establishment is in for a rough ride.
If Trump pulls this off, it would be the biggest tax shift since the days when Americans didn’t have to file anything on April 15. And judging by the panic from Democrats and globalists, he’s hitting dangerously close to a system they never wanted challenged.
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