Trump said tariffs could someday 'substantially replace' income taxes. What policy experts say

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President Trump suggested that tariffs could potentially replace the federal income tax system, sparking reactions from policy experts.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

During his State of the Union address, President Donald Trump said tariffs could someday "substantially replace" the federal income tax system.

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Original article published by CNBC on February 27, 2026.
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