🚨 BIG NEWS — Could the U.S. scrap income tax?
🇺🇸 Trump suggests replacing income tax with tariffs on imports, meaning more take-home pay but higher prices for goods. Experts warn tariffs cover only a small fraction of federal revenue and could trigger trade tensions, inflation, and economic volatility.
💡 Implications for investors: higher consumer spending might boost assets like crypto, but inflation and global supply-chain risks could create market instability.
📈 Watch:
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