President Trump is considering eliminating income tax and replacing it with tariffs on imported goods to boost domestic manufacturing. Critics argue this plan could lead to high costs and reduced demand for imports. Another proposal aims to eliminate taxes on tips for service workers, with supporters believing the money should remain with the earners while critics argue tips are income and should be taxed. A Tax-Free Tips Act has been proposed by Republican lawmakers to codify Trump's plan, but its success remains uncertain as it faces opposition from both Republicans and Democrats.