Lutnick Says Trump Wants to Waive Taxes for Those Earning Under $150,000 When Budget Balanced Fox News
(Reuters) - U.S. President Donald Trump would like to waive taxes for Americans earning under $150,000 once he balances the budget, Commerce Secretary Howard Lutnick told Fox News on Thursday. "It's aspirational," he said on 'The Story with Martha MacCallum'.
Trump plan would eliminate taxes for most Americans
If Trump’s plan is implemented, it could mean that taxes would be eliminated for most of the country, per MassLive.com. Lutnick also reiterated Trump’s oft-stated goal to remove taxes on tips and overtime as well as to reduce individual and corporate taxes.
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