John Ioannou is a Principal Lawyer and National Head of Tax at Macpherson Kelley in Brisbane. Thomas Abraham is a Special ...

Commerce Secretary Howard Lutnick says the Trump administration wants to eliminate income taxes for those making $150,000 or less—an unprecedented shift with major consequences.

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If you earn less than $150,000, Trump wants to abolish your taxes, says U.S. Commerce Secretary Howard Lutnick.