Lutnick: Trump Wants To Eliminate Taxes For Those Making Less Than $150,000

Commerce Secretary Howard Lutnick said that President Donald Trump informed him that he wants to eliminate income tax for anyone making less than $150,000 annually.

“I’m in the car with him, and I said we’re going to balance the budget,’” the secretary said on the “All In” podcast last week, Just The News reported.

“And I said, ‘But I have one favor to ask you: If we can balance the budget for you, will you agree to waive all income tax for every person who makes less than $150k a year in the United States of America?’ Which, by the way, is about 85% of Americans,” Lutnick continued.

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