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CHNV Parole Program Blocked & Cuomo’s Campaign Takes Hit | Afternoon Update | 4.15.25
Apr 15, 2025
A former president proposes replacing income tax with tariffs, stirring debate on global trade. Legal challenges arise for a Biden immigration program, keeping migrants' status in limbo. Tensions escalate in women's sports over a fencer's disqualification linked to transgender competition. Meanwhile, Andrew Cuomo's campaign stumbles due to a significant paperwork error, alongside alarming health concerns surfacing at a Massachusetts hospital.
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Quick takeaways
- Trump proposes replacing income tax with tariff revenue, recalling historical practices that contributed to national wealth and stability.
- A federal judge has blocked the revocation of legal status for migrants, requiring individualized reviews of the Biden administration's immigration program.
Deep dives
Trump's Proposal to Replace Income Tax with Tariffs
President Trump suggests the potential replacement of income tax with tariff revenue, aiming to use funds from his newly enacted tariffs. He cites historical practices from the late 19th century when tariffs were the primary source of government revenue, arguing that such a system made the nation wealthy. The implementation of these tariffs has led to volatility in the stock market, although over 130 countries are engaged in trade discussions due to these changes. While a 90-day pause on reciprocal tariffs is in effect, China faces heightened duties as negotiations remain stalled.
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