President Donald Trump's Potential Proposal to Eliminate Taxes For Americans Making Under $200,000 Could Have Unintended Consequences. 2 Things Investors Should Know | The Motley Fool

Contributing sentiments towards policy:

57% : That means tariffs would have to offset every lost dollar of income tax revenue.
49% : "The math just doesn't add up," Erica York, vice president of federal tax policy at the Tax Foundation, said, according to CNN.
47% : That means tariffs would need to go higher from where they are, and most people expect tariffs to go down in trade agreements, considering they are already much higher than they've been at any time in history.
38% : Imports, which detract from GDP, soared in the first quarter, as businesses may have been trying to get in front of the looming tariffs that Trump announced in early April.
35% : In a Truth Social post, Trump stated that the revenue from tariffs would allow him to pursue legislation where "people's Income Taxes will be substantially reduced, maybe even completely eliminated."
29% : Trump hopes tariffs could offset the lost tax revenue, but that's not immediately clear.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.