NO MORE INCOME TAX Trump's Shocking NEW Plan to Abolish Federal Income Taxes #latestnews


via https://www.youtube.com/watch?v=tNNzylVkC0g NO MORE INCOME TAX Trump's Shocking New Plan to Abolish Federal Income Taxes #latestnews In a stunning move that's sending shockwaves through Washington and across the country, former President Donald Trump has announced his most ambitious economic plan yet: the complete elimination of federal income taxes. In this video, we break down what Trump’s proposal could mean for working Americans, the economy, and the future of government funding. Speaking at a high-energy rally in Des Moines, Iowa on April 26, 2025, Trump declared that federal income taxes are "an outdated, oppressive system that punishes success and ambition." His plan? To replace the current tax code with a national consumption tax—likely a national sales tax or a combination of tariffs and fees—to fund federal operations without touching Americans' paychecks. This proposal would represent the biggest shift in U.S. tax policy in over a century. Trump’s plan promises to allow Americans to keep 100% of their earned income while paying taxes only when they spend, not when they work. Supporters believe this would lead to explosive economic growth, more investment, and greater financial freedom for millions. However, critics warn that eliminating income taxes could disproportionately impact lower and middle-income families, who spend a larger share of their earnings on necessities. Opponents also point out that without a robust replacement, key programs like Social Security, Medicare, and national defense could suffer devastating funding shortfalls. In this video, we explore: How Trump’s no-income-tax proposal would be structured Possible rates for a national consumption tax Impact on government revenues and the federal deficit Winners and losers under a new tax system What economists and political leaders from both parties are saying about the proposal How this plan could reshape the 2025 presidential election landscape As the 2025 campaign season heats up, Trump’s plan is already dominating the national conversation. Some view it as bold, visionary reform. Others see it as reckless populism that risks crashing the economy. Could this be the start of a true tax revolution—or a dangerous gamble with America's financial future? đź—Ł️ What do you think about Trump's plan to abolish federal income taxes? đź’¬ Drop your thoughts in the comments—let’s discuss it! đź‘Ť Like this video if you believe the U.S. tax system needs big changes. đź”” Subscribe now for real-time updates on Trump’s proposals, 2025 election news, and major policy shifts. trump abolish income tax, no more federal income taxes, trump tax plan 2025, trump economic policy, national consumption tax usa, federal tax overhaul, donald trump 2025 news, abolishing income tax plan, us economy news, presidential election 2025 updates #Trump2025 #NoIncomeTax #TaxReform #TrumpTaxPlan #USPolitics #DonaldTrump #BreakingNews #EconomicPolicy #USA #Election2025

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