Market
Public opinion shift on income tax abolition by end of 2025?
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Donald Trump•Internal Revenue Service•IRS•Trump•United States•Congress•McKinley•Theodore Roosevelt•America
Resolution / Starting Odds
Increase in Support • 25%
Decrease in Support • 25%
No Change • 25%
Mixed Opinions • 25%
National public opinion polls from reputable polling organizations
Story
Trump Urges Congress to Abolish Income Tax, Return to Pre-1913 Tariff System
Jan 28, 2025, 12:16 AM
President Donald Trump has proposed abolishing the federal income tax and the Internal Revenue Service (IRS), suggesting that tariffs on foreign nations should replace income taxation. In recent statements made on January 27, Trump noted that the United States had no income tax prior to 1913 and called for a return to the system that he believes made the nation richer and more powerful in the past. He urged Congress to abolish income tax, stating, "Instead of taxing our citizens to enrich foreign nations, we should be tariffing and taxing foreign nations to enrich our citizens." Trump cited historical precedents, mentioning Presidents McKinley and Theodore Roosevelt, and asserted that tariffs would make America rich again.
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Similar markets
Mostly positive • 25%
No significant opinions • 25%
Mixed • 25%
Mostly negative • 25%
Other • 25%
Pass • 25%
Fail • 25%
Postponed • 25%
Opposed • 25%
Unaware • 25%
Neutral • 25%
Supportive • 25%
Support reassignment • 25%
Oppose proposal • 25%
No significant change • 25%
Support elimination • 25%
Stock market rises • 25%
Inflation falls • 25%
Inflation rises • 25%
Stock market falls • 25%
Majority Oppose • 25%
Other • 25%
Majority Support • 25%
Evenly Split • 25%
Republicans support, Democrats oppose • 25%
Both oppose • 25%
Both support • 25%
Republicans oppose, Democrats support • 25%
