Market
Major political party's stance on Trump's proposal by end of 2025
2
Resolution / Starting Odds
Republican support • 25%
Democratic support • 25%
Bipartisan support • 25%
No support • 25%
Official statements from major political parties
Story
Trump Urges Congress to Abolish Income Tax, Proposes Tariffs on Foreign Nations to Enrich Citizens
Jan 27, 2025, 11:33 PM
President Donald Trump has called on Congress to abolish the federal income tax, suggesting a return to a taxation system that relies on tariffs on foreign nations to benefit American citizens. In a recent statement, Trump said, "It's time for the United States to return to the system that made us richer and more powerful than ever before... Instead of taxing our citizens to enrich foreign nations, we should be tariffing and taxing foreign nations to enrich our citizens." He cited former Presidents William McKinley and Theodore Roosevelt in his remarks, advocating for policies that prioritize American economic interests through tariffs.
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Bipartisan Opposition • 25%
Bipartisan Support • 25%
Republican Support, Democratic Opposition • 25%
Republican Opposition, Democratic Support • 25%
Libertarian Party • 25%
Democratic Party • 25%
Green Party • 25%
Republican Party • 25%
Republicans only • 25%
Bipartisan support • 25%
No significant support • 25%
Democrats only • 25%
Support • 25%
Oppose • 25%
Neutral • 25%
No Official Response • 25%
Internal split • 25%
Policies moderated • 25%
Policies unchanged • 25%
Policies intensified • 25%
Support from Republicans only • 25%
Support from both parties • 25%
Support from Democrats only • 25%
Opposition from both parties • 25%
Republican Party • 25%
Other • 25%
Libertarian Party • 25%
Democratic Party • 25%
Democratic Party • 25%
Republican Party • 25%
Independent • 25%
None • 25%
Majority support Bannon's view • 25%
Majority oppose Bannon's view • 25%
Opinions remain divided • 25%
No major statements made • 25%
Republican Party • 25%
Both equally • 25%
Neither • 25%
Democratic Party • 25%
Independent/Third Parties • 25%
No significant opposition • 25%
Democratic Party • 25%
Republican Party • 25%
Other • 25%
Evenly Split • 25%
Majority Oppose • 25%
Majority Support • 25%
Divided opinion • 25%
Majority oppose • 25%
No clear data • 25%
Majority support • 25%