Commerce Secretary Howard Lutnick just revealed that Trump’s goal is to eliminate federal income taxes for Americans making under $150,000 a year. If passed, this would mean millions of Americans could take home their full paycheck without federal deductions!
Lutnick also hinted at removing taxes on overtime, tips, and Social Security—a move that would put more money back into American pockets instead of government coffers. The proposal is already sparking massive debate—supporters say it would boost the economy, while critics argue it could balloon the deficit.