Trump Suggests Tariffs Could Replace Income Tax; Supreme Court to Hear Case — What It Means for Bitcoin

COINOTAG reported on September 4 that President Trump indicated a policy preference for greater reliance on tariffs within federal tax policy, suggesting they could supplant elements of the traditional income tax revenue base; he characterized tariffs as “crucial” to U.S. economic prospects, per the coverage. Golden Finance further reports the Supreme Court is scheduled to hear an international tariff case, a judicial development closely watched by markets. Financial professionals note these statements are relevant to fiscal planning and the regulatory backdrop for risk assets, and will be monitored by investors — including participants in the crypto sector — for any consequential macroeconomic or policy shifts.

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Source: https://en.coinotag.com/breakingnews/trump-suggests-tariffs-could-replace-income-tax-supreme-court-to-hear-case-what-it-means-for-bitcoin/