President Donald Trump says "there's a real chance" tariff revenue can replace the income tax. Economists say a full ...

How do we know that the president’s claims about tariff revenue are false? Because of the evidence provided by his own ...

Trump has repeatedly claimed that the U.S. was collecting $2 billion per day from tariffs. His own administration’s data ...

according to Internal Revenue Service data. Meanwhile, the U.S. imported roughly $3 trillion worth of goods that year. “If you tariff everything from everywhere, you’re going to get revenue ...

US President Trump, in a Fox News interview, has said that the money from tariffs might be enough to do away with the need for income tax. ‘There is a chance that the money is so great that it could ...

According to the Congressional Research Service, “Over the past 70 years, tariffs have ... Service is that the revenue wouldn’t be “external” at all. It would be internal because U.S ...