Commerce Secretary Howard Lutnick says President Donald Trump is on board with a plan to end taxes for anyone earning less than $150,000 a year.
During his appearance on the “All In” podcast, Lutnick said there is a condition on the concept, according to a video posted to X.
“I’m in the car with him and I said ‘we’re going to balance the budget,’ Lutnick explained. “And I said, ‘But I have one favor to ask you: If we can balance the budget for you, will you agree to waive all income tax for every person who makes less than $150,000 a year in the United States of America?’”
Commerce Secretary @howardlutnick says eliminating income taxes is a real possibility👀
“I’m in the car
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