U.S. President Donald Trump has proposed a radical tax reform: the elimination of taxes for citizens earning less than $150,000 a year. Commerce Secretary Howard Lutnick made this announcement in a CBS News interview.
Howard Lutnick's Comments on Taxes
Commerce Secretary Howard Lutnick discussed President Trump’s proposals, including removing taxes on tips, overtime, and Social Security contributions, calling them transformative ideas for America. Lutnick reaffirmed his commitment to Trump’s vision of a tax-free system for those below the income threshold.
Public Reaction to Trump’s Plan
Lutnick’s remarks have sparked a lively debate on social media. Many Republican supporters such as Benny Johnson praised Trump's plans, calling them a 'great move' and 'amazing.' However, not everyone welcomed the news. Critics questioned the legality and constitutionality of such a move.
Tariffs Instead of Taxes
Previously, Donald Trump expressed the desire to replace domestic taxes with tariffs on other countries. During a 2025 event in Miami, he reiterated that the U.S. should enrich itself via tariffs rather than taxing its own citizens. This policy has already led to the imposition of tariffs on U.S. trading partners, prompting retaliatory measures from the EU, Canada, and China.
Donald Trump’s proposal to cut taxes for incomes under $150,000 per year adds a new dimension to the debate over tax reform in the U.S. Divergent opinions on this matter raise questions about the fairness and effectiveness of such an initiative.
