The president is looking for an endgame.
Can President Donald Trump resurrect the 1890s? On the campaign trail, the real estate billionaire mogul floated the idea several times, conveying to the press and voters that if his plans worked out, there could be “a way” to scrap what former President Calvin Coolidge called “legalized robbery.” Trump averred that the United States was at its wealthiest in the late 19th century when the federal government relied on tariffs, not the income tax, for revenues. For a leader aiming to make America wealthy again, placing a bullseye on the 16th Amendment could be a worthy goal.
Axing the Income Tax
Commerce Secretary Howard Lutnick, one of the administration’s top salesmen for the Trump agenda, told CBS News last month that the president wants to abolish income taxes for those earning…