Trump wants no taxes on people making below $150,000 annually, Lutnick tells CBS
- Commerce Secretary Howard Lutnick stated that President Donald Trump's goal is to eliminate taxes for individuals earning less than $150,000 annually.
- Lutnick mentioned potential tax strategies, including abolishing tax on tips and implementing tariffs on foreign nations.
- In 2022, around 93 percent of Americans aged 15 and over earned less than $150,000, according to the U.S. Census Bureau.
- Trump proposed significant tax cuts, claiming they would stimulate the economy and that taxation should focus on foreign entities instead of U.S. Citizens.
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32 Articles
32 Articles
All
Left
3
Center
6
Right
10
Coverage Details
Total News Sources32
Leaning Left3Leaning Right10Center6Last UpdatedBias Distribution53% Right
Bias Distribution
- 53% of the sources lean Right
53% Right
L 16%
C 32%
R 53%
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