Market
Public figures' opinions on abolishing federal income tax by June 30, 2025
2
Resolution / Starting Odds
Mostly positive • 25%
Mostly negative • 25%
Mixed • 25%
No significant opinions • 25%
Statements from prominent economists, business leaders, or political figures
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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Fail • 25%
Other • 25%
Postponed • 25%
Pass • 25%
Other • 25%
Libertarian Party • 25%
Republican Party • 25%
Democratic Party • 25%
Democratic Party • 25%
Neither party • 25%
Both parties • 25%
Republican Party • 25%
Majority support abolition • 25%
Evenly split opinion • 25%
Insufficient data • 25%
Majority oppose abolition • 25%
Evenly split • 25%
Majority support abolition • 25%
Uncertain/No clear majority • 25%
Majority oppose abolition • 25%
