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Can Tariffs Really Eliminate Income Tax?

Breaking NewsCan Tariffs Really Eliminate Income Tax?

Key Takeaways

  • Jimmy Kimmel mocked Trump’s promise to eliminate income tax.
  • Trump claims tariffs brought in “trillions” to refund Americans.
  • Analysts say ending income tax by tariff revenue is impossible.
  • Kimmel compared Trump to a kid running for student council.
  • The late-night host also ridiculed other outlandish claims.

Donald Trump says the tariffs he introduced have raised so much money that one day Americans won’t owe any income tax. He even promised a “nice dividend” funded by those fees. Yet many experts say this plan simply cannot work.

Trump’s Income Tax Promise Faces Doubt

Trump told reporters that his tariffs on imports have generated “literally trillions of dollars.” He added, “At some point in the not too distant future, you won’t even have income tax to pay.” However, analysts immediately questioned the idea. They argued no law could shift all income tax revenue to a tariff fund. Moreover, Congress would have to pass new legislation. That process can take months or years.

Second, tariffs usually hurt American consumers. Trade experts note that costs often pass through to shoppers in higher prices. Therefore, the promised “trillions” might shrink before reaching the government’s coffers. In addition, many products face low or no tariffs, so the pool of revenue is limited. As a result, experts call Trump’s plan unrealistic.

Meanwhile, economists warn that relying on tariffs can disrupt global trade. They say sudden changes in fees can spark trade wars. Those battles may force the U.S. to lower tariffs or face retaliation. Consequently, promised revenue could vanish.

Kimmel Fires Back with Humor

Late-night host Jimmy Kimmel jumped on this claim during his show. He joked that Trump sounds like “the kid running for student council who promises soda in the drinking fountain.” Then he quipped, “Well, he would know. He hasn’t paid income tax in like… maybe 50 years.” This punchy line drew loud laughter from the studio audience.

In addition, Kimmel highlighted how Trump quietly lets experts walk back impossible ideas. He said, “Does anyone believe we’re not going to have income tax to pay?” He pointed out that while the president boasts, the reality is much messier.

Other Outlandish Claims in Spotlight

Kimmel did not stop at the income tax promise. He also attacked Trump’s recent jab at President Biden’s energy levels. “Tell us again how sleepy Joe is, will you?” Kimmel asked. He mocked Trump for falling asleep in a cabinet meeting. Then he added, “Of course he’s tired. He was up all night posting.”

Furthermore, Kimmel called out false claims about grocery and drug prices. Trump once said grocery costs are down, yet surveys show they remain high. He even claimed he would cut prescription drug prices by 900 percent. Kimmel labeled that figure “ridiculous.”

In one clip, Trump declared he deserved a Nobel Prize “for every way.” Kimmel played it for viewers and let the absurdity speak for itself. He also recalled Truth Social posts where Trump complained about being laughed at. Kimmel replied, “Our country isn’t being laughed at. They’re laughing at you.”

Why It Matters to You

First, this mockery reveals how political claims can stray far from reality. Promises to eliminate income tax may sound appealing, but they depend on complex laws and budgets. Second, understanding these debates helps you see why experts stress fact over hype. Third, late-night humor can shine a light on serious issues. By poking fun, Kimmel reminds viewers to question bold statements.

Finally, whether you follow politics or just enjoy a good laugh, this clash shows the mix of entertainment and public policy. For instance, a promise to end income tax grabs headlines and social media shares. Yet without clear plans and votes, it remains a catchy slogan.

What’s Next?

Trump’s supporters may still cheer the tariff plan. Meanwhile, Congress will debate any actual tax cuts or refunds. As this story unfolds, analysts will track tariff revenues and budget moves. If lawmakers ever try to cut income tax, they must balance the budget carefully. Until then, voters can laugh at the idea—just like Kimmel did.

Frequently Asked Questions

Will tariffs really bring in enough money to end income tax?

Most experts say no. Tariff revenue is limited and can drop if trade partners retaliate. Plus, Congress must approve any tax changes.

Why did Jimmy Kimmel compare Trump to a student council candidate?

Kimmel used this joke to show that Trump’s promise sounds like a simple campaign slogan. He implied it lacks real details and feasibility.

Did Trump provide a plan on how to eliminate income tax?

Not yet. He described high tariff collections but didn’t offer a detailed legislative or budget plan.

What other claims did Kimmel mock?

He also ridiculed Trump’s false statements on grocery prices, drug price cuts, and cognitive test boasts.

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