No Taxes If You Earn Less Than $150k. Donald Trump's Plan Explained

President Donald Trump's goal is to eliminate taxes for people earning less than $150,000 per year, Commerce Secretary Howard Lutnick has said. "I know what his goal is — no tax for anybody making under $150,000 a year. That's what I'm working for," Lutnick told CBS News on Wednesday. He said that major tax cuts could be implemented without causing spiraling national debt through tackling overseas tax fraud. Why It Matters The proposal to remove taxes for people earning less than $150,000 per year would impact the vast majority of Americans. In 2022, around 93 percent of Americans aged 15...