Income Tax Archives

Trump: ‘There’s a Real Chance’ Tariffs Could Replace Income Tax

President Donald Trump has revealed that his global tariffs plan could bring in enough federal revenue that he could completely eliminate income tax for American citizens. Trump said in a new Fox News interview that "there's a real chance" tariffs could replace income tax. Fox News' Rachel Campos-Duffy asked Trump…

Experts Explain How to Get 2023 Tax Refund as Quickly as Possible

Those who want their refunds back as quickly as possible should file electronically and ask for a refund via direct deposit to their accounts, according to tax attorneys and accountants. “If at all possible, file electronically, and request that you receive your refund by direct deposit,” tax attorney Adam Brewer…

House Republicans to Vote on Bill to Eliminate Income Tax, Abolish IRS

House Republicans are preparing to vote on a bill that would eliminate income tax and abolish the Internal Revenue Service (IRS). The House will be voting on Republican Rep. Buddy Carter's (R-GA) reintroduced Fair Tax Act. The legislation seeks to reel in the IRS and remove the national income tax,…