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    Will Congress vote on abolishing federal income tax by end of 2025?

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    Donald Trump•The New York Times
    Resolution / Starting Odds

    Yes • 50%

    No • 50%

    Congressional voting records or official announcements

    Story

    Trump Considers Abolishing Federal Income Tax, NYT Reports

    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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    Outcome of Congressional Vote on Abolition of Federal Income Tax by End of 2025?

    Outcome of Congressional Vote on Abolition of Federal Income Tax by End of 2025?

    Pass • 25%

    Postponed • 25%

    Fail • 25%

    Other • 25%

    Trump to Propose Abolition of Federal Income Tax by End of 2025?

    Trump to Propose Abolition of Federal Income Tax by End of 2025?

    No • 50%

    Yes • 50%

    Significant Protest Against Abolition of Federal Income Tax by Mid-2025?

    Significant Protest Against Abolition of Federal Income Tax by Mid-2025?

    Yes • 50%

    No • 50%

    First Political Party to Oppose Abolition of Federal Income Tax by End of 2025?

    First Political Party to Oppose Abolition of Federal Income Tax by End of 2025?

    Republican Party • 25%

    Other • 25%

    Libertarian Party • 25%

    Democratic Party • 25%

    Will the House vote on a tax-lowering bill by December 31, 2025?

    Will the House vote on a tax-lowering bill by December 31, 2025?

    Yes • 50%

    No • 50%

    Will the U.S. tax code be simplified by the end of 2025?

    Will the U.S. tax code be simplified by the end of 2025?

    Yes • 50%

    No • 50%

    Will the IRS reduce income tax rates by the end of 2025?

    Will the IRS reduce income tax rates by the end of 2025?

    Yes • 50%

    No • 50%

    Will the 'No Tax on Tips Act' pass the U.S. House by end of 2025?

    Will the 'No Tax on Tips Act' pass the U.S. House by end of 2025?

    Yes • 50%

    No • 50%

    Will Congress vote to abolish the debt ceiling in 2025?

    Yes • 50%

    No • 50%

    Will the Fair Tax Act be reintroduced in Congress by December 31, 2025?

    Will the Fair Tax Act be reintroduced in Congress by December 31, 2025?

    No • 50%

    Yes • 50%

    Will the FairTax Act of 2025 pass the U.S. House by end of 2025?

    Will the FairTax Act of 2025 pass the U.S. House by end of 2025?

    No • 50%

    Yes • 50%

    U.S. Congress to pass 15% corporate tax rate bill by June 30, 2025?

    Yes • 50%

    No • 50%

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    Will majority support abolishing federal income tax in polls by end of 2025?

    Will majority support abolishing federal income tax in polls by end of 2025?

    No • 50%

    Yes • 50%

    Will Trump propose abolishing federal income tax by June 30, 2025?

    Will Trump propose abolishing federal income tax by June 30, 2025?

    No • 50%

    Yes • 50%

    Economic response to federal income tax abolition proposal by end of 2025

    Economic response to federal income tax abolition proposal by end of 2025

    Stock market rises • 25%

    Inflation falls • 25%

    Inflation rises • 25%

    Stock market falls • 25%

    Party stance on abolishing federal income tax by June 30, 2025

    Party stance on abolishing federal income tax by June 30, 2025

    Republicans oppose, Democrats support • 25%

    Both oppose • 25%

    Republicans support, Democrats oppose • 25%

    Both support • 25%