Market
Party stance on abolishing federal income tax by June 30, 2025
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Resolution / Starting Odds
Republicans support, Democrats oppose • 25%
Republicans oppose, Democrats support • 25%
Both support • 25%
Both oppose • 25%
Official statements from the Democratic and Republican parties
Story
Trump Considers Abolishing Federal Income Tax, NYT Reports
Jan 22, 2025, 04:25 PM
President Donald Trump is reportedly considering abolishing the federal income tax, according to sources cited by The New York Times. This potential policy shift has sparked discussions among various stakeholders and the public, reflecting a broad range of opinions on the implications of such a significant change to the U.S. tax system.
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Other • 25%
Democratic Party • 25%
Republican Party • 25%
Libertarian Party • 25%
Other • 25%
Postponed • 25%
Fail • 25%
Pass • 25%
Republican Party • 25%
Neither party • 25%
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Bipartisan Effort • 25%
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No Effort • 25%
Both parties oppose • 25%
Republicans oppose, Democrats support • 25%
Both parties support • 25%
Other configurations • 25%
