Public Broadcasting Service (PBS)

Trump has said tariff revenue may allow Americans to stop paying income taxes. The math doesn’t add up

The federal income tax brought in about $2.4 trillion in 2024, which is more than 14 times what Trump’s second-term tariffs ...

Two months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt

Tariffs will bring in $300 billion to $400 billion a year, which would help to pay a fraction of the interest payments of ...

President Trump thinks tariff revenue could replace individual income taxes. Experts weigh in.

President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising ...

Get the Facts: Federal income tax elimination unlikely due to tariff revenue

President Trump suggested a future without federal income tax thanks to revenue from his tariffs, but the math doesn't work ...