See every side of every news story
Published loading...Updated

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.
Insights by Ground AI
Does this summary seem wrong?

32 Articles

All
Left
3
Center
6
Right
10
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 53% of the sources lean Right
53% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Live Mint broke the news in New Delhi, India on Thursday, March 13, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.