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# Income Tax

President Trump is proposing to eliminate income tax, suggesting tariffs will generate sufficient revenue. This idea is met with skepticism regarding its economic feasibility and potential consequences.

### About Income Tax
Income tax is a tax levied by governments on the income of individuals and corporations.  

### Insights
- income tax creators is up XXXXXX% from the previous week.
- income tax mentions is up XXXXXX% from the previous week.

### Engagements: XXXXXXX (24h)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/t:income-tax/c:line/m:interactions/iv:1d.svg)  
[Engagements 24-Hour Time-Series Raw Data](/topic/income-tax/time-series/interactions.tsv)  
Current Value: XXXXXXX  
Daily Average: XXXXXXXXX  
X Month: XXXXXXXXX -XX%  
X Months: XXXXXXXXXXX -XX%  
X Year: XXXXXXXXXXXXX +52%  
1-Year High: XXXXXXXXXX on 2025-02-01  
1-Year Low: XX on 2025-12-07  

Engagements by network (24h):
News: XXXXX
Reddit: XXX
TikTok: XXXXXX
X: XXXXXXX
YouTube: XXXXXXX

  
  
### Mentions: XXX (24h)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/t:income-tax/c:line/m:posts_active/iv:1d.svg)  
[Mentions 24-Hour Time-Series Raw Data](/topic/income-tax/time-series/posts_active.tsv)  
Current Value: XXX  
Daily Average: XXXXX  
X Week: XXXXX +160%  
X Month: XXXXX +55%  
X Months: XXXXXX -XX%  
X Year: XXXXXXX -XX%  
1-Year High: XXXXXX on 2025-02-02  
1-Year Low: X on 2025-12-07  

Mentions by network (24h):
News: XX
Reddit: XX
TikTok: XXX
X: XXXXX
YouTube: XXX

  
  
### Creators: XXX (24h)
![Creators Line Chart](https://lunarcrush.com/gi/w:600/t:income-tax/c:line/m:contributors_active/iv:1d.svg)  
[Creators 24-Hour Time-Series Raw Data](/topic/income-tax/time-series/contributors_active.tsv)  
XXX unique social accounts have posts mentioning Income Tax in the last XX hours which is up XXXX% from XXX in the previous XX hours
Daily Average: XXXXX  
X Week: XXXXX +116%  
X Month: XXXXX -XX%  
X Months: XXXXXX -XX%  
X Year: XXXXXXX -XX%  
1-Year High: XXXXX on 2025-02-02  
1-Year Low: X on 2025-12-07  

The most influential creators that mention Income Tax in the last XX hours

| Creator                                              | Rank | Followers | Posts | Engagements |
| -------                                              | ---- | --------- | ----- | ----------- |
| [@grok](/creator/twitter/grok)                       | X    | XXXXXXXXX | X     | X           |
| [@IncomeTaxUPeast](/creator/twitter/IncomeTaxUPeast) | X    | XXXXX     | X     | X           |
| [@SoquelCreek](/creator/twitter/SoquelCreek)         | X    | XXXXX     | X     | X           |

[View More](/list/creators/income-tax/100)
  
  
### Sentiment: XX%
![Sentiment Line Chart](https://lunarcrush.com/gi/w:600/t:income-tax/c:line/m:sentiment/iv:1d.svg)  
[Sentiment 24-Hour Time-Series Raw Data](/topic/income-tax/time-series/sentiment.tsv)  
Current Value: XX%  
Daily Average: XX%  
X Month: XX% -X%  
X Months: XX% +12%  
X Year: XX% +18%  
1-Year High: XXX% on 2025-11-27  
1-Year Low: XX% on 2025-12-06  

Most Supportive Themes:
- Eliminating Income Tax: (45%) Discussions around the potential elimination or significant reduction of income tax, often linked to tariff revenues.
- Income Tax Relief and Cuts: (30%) Discussions around general income tax cuts, reliefs, and adjustments, including specific policy proposals.
- Income Tax Thresholds and Fiscal Drag: (15%) Concerns about the freezing of income tax thresholds leading to increased tax burdens (fiscal drag).
  
Most Critical Themes:
- Tariff Revenue vs. Income Tax: (70%) Skepticism and analysis questioning whether tariff revenue can realistically replace income tax.
- Economic Impact of Tax Changes: (30%) Concerns about the broader economic consequences of significant income tax changes, including inflation and trade tensions.
  

### Top Income Tax News
Top news links shared on social in the last XX hours  

*Showing a maximum of X news posts for non-authenticated requests. Use your API key in requests for full results.*  

"Are new tax rules bringing an XX% penalty on cash stored at home - India Today"  
[News Link](https://www.indiatoday.in/business/personal-finance/story/will-new-income-tax-rules-impose-an-84-percent-penalty-on-cash-kept-at-home-2832358-2025-12-08) [@IndiaToday](/creator/x/IndiaToday) 2025-12-11T14:30Z 228.6M followers, 17.7K engagements


"Negative gearing rises with personal income tax rates new research shows"  
[News Link](https://www.afr.com/policy/tax-and-super/high-income-tax-causes-property-investors-to-negatively-gear-20251209-p5nm0o) [@FinancialReview](/creator/x/FinancialReview) 2025-12-10T06:14Z 228.6M followers, 69.5K engagements


"Does state income tax matter to NHL players Response is emphatic yes Make more money - The Athletic"  
[News Link](https://www.nytimes.com/athletic/6858661/2025/12/09/state-income-tax-nhl-player-poll/) [@nytimes](/creator/x/nytimes) 2025-12-09T15:26Z 228.6M followers, 23.6K engagements


"Rachel Reeves accused of lying to justify tax raid"  
[News Link](https://www.telegraph.co.uk/politics/2025/11/28/rachel-reeves-accused-of-lying-to-justify-tax-raid/) [@Telegraph](/creator/x/Telegraph) 2025-11-28T13:09Z 228.6M followers, 2.5M engagements



### Top Income Tax Social Posts
Top posts by engagements in the last XX hours

*Showing only X posts for non-authenticated requests. Use your API key in requests for full results.*

"Income Tax Exemptions for Retirement Income"  
[Reddit Link](https://redd.it/1pkad8i) [@NLCmanure](/creator/reddit/NLCmanure) 2025-12-11T22:08Z X followers, XX engagements


"@RufusPeabody @BowTiedRanger Not if one gambles for a living and that is their income. We all pay income tax"  
[X Link](https://x.com/Mingus_the_cat/status/1999219839634968743) [@Mingus_the_cat](/creator/x/Mingus_the_cat) 2025-12-11T20:48Z XXX followers, 6804 engagements


"Note that a graduate in late 20s earning 30k pays a marginal rate of 37%: income tax + NI + loan repayment. Someone in late 60s earning 30k pays income tax at 20%. Thats all. And theyll have a c12k state pension"  
[X Link](https://x.com/PJTheEconomist/status/1999209113700438500) [@PJTheEconomist](/creator/x/PJTheEconomist) 2025-12-11T20:06Z 71.1K followers, 234.5K engagements


"Titus didn't mention Chairman Jason Smith (R-MO) met with three gaming industry CEOs in Las Vegas ahead of the hearing. "The legislation also enjoys broad industry support. It unfairly burdens professional gamblers and casual players alike." @TheNVIndy"  
[X Link](https://x.com/howardstutz/status/1999206113615708295) [@howardstutz](/creator/x/howardstutz) 2025-12-11T19:54Z 15.1K followers, 20.5K engagements