Former President Donald Trump has announced a bold plan that suggests the possibility of eliminating income taxes for Americans earning under $200,000, leveraging revenue generated from upcoming tariffs. Trump claims that this tax reform could significantly aid the middle class, potentially leading to substantial income tax cuts or even complete abolition. Despite his optimistic projections, economists remain skeptical about the feasibility of replacing income taxes with tariff revenues, citing concerns over budget deficits and the complexities of tax policy. Trump continues to promote his tariff strategy as a way to stimulate economic growth and support American workers, positioning it as a solution to offset economic burdens caused by tariffs.