Income tax will be abolished in America..!? But only for these people..?

It has been reported that the trump administration is planning to bring major changes in the taxation system in the united states, such that those earning an income of up to 1.50 lakh dollars per year, which is 1 crore 30 lakh rupees in indian rupees, will not have any tax. donald trump has taken office as the President of the united states for the second time. Since he took office, he has been making various dramatic announcements. In that regard, he has decided to bring major changes in tax procedures.

US Commerce Secretary Howard Lutnick has said that millions of Americans will soon be able to pay no taxes on their income. In an interview with CBS, Howard said that the Trump-led government is planning to bring changes in such a way that people earning less than $ 1.5 lakh per year should not be taxed at all. donald trump has said that this is his goal, there should be no tax on those earning less than $ 1.5 lakh, and he is traveling towards this goal. He has said that the government is working towards it, and apart from this, we can expect various major changes as soon as possible.
He has said that the trump government has taken a very large-scale economic strategy. He has said that sometimes our policy changes risk leading the country's economy to a recession, but we must take some bold steps. He said that the situation in the united states until now will have to bring various changes and said that these policies that donald trump can bring are very important for the US economy. Stating that the bad policies followed by the previous Biden-led administration have led to the US economy going into recession, he said that the economic measures that trump can bring will increase the country's income and promote economic growth. He said that through this, the number of factories in the united states will increase.
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Sowmiya Sriram

15/03/2025 09:50 AM