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Trump Floats New Income Tax Cut
April 27, 2025 at 07:50 PM
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What You Need To Know
- The president says his tariffs would help him lower income taxes for those making less than $200,000 a year.
- He also wants to extend reductions in income taxes that were approved in 2017 during his first presidency.
- And he has proposed expanding tax breaks while slashing the corporate tax rate.
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