Howard Lutnick, serving as Commerce Secretary in Trump’s second term, publicly said Trump’s goal was no federal tax for anyone making under $150,000, and media coverage described this as an aspirational tax plan, not an enacted policy. (newsweek.com)

However, the major tax legislation actually passed under the new Trump administration so far is the One Big Beautiful Bill Act (OBBBA), signed July 4, 2025. That law extends and tweaks the existing individual income tax system (originally set by the 2017 Tax Cuts and Jobs Act), adds targeted deductions (e.g., for tips, overtime, some car-loan interest, and certain seniors), but it does not set the federal income tax rate to 0 percent for people earning $150,000 or less. (en.wikipedia.org)

The IRS rate schedules for the 2025 tax year still show positive marginal income-tax rates starting at 10 percent, with higher brackets above that, and the IRS’s released brackets for 2026 likewise remain a normal progressive system; there is no blanket 0 percent federal income tax rate for all taxpayers at or below $150,000 in any filing status. (en.wikipedia.org)

Because, as of November 30, 2025, no law or regulation has been implemented that actually reduces federal income tax to 0 percent for all U.S. taxpayers earning $150,000 per year or less, the prediction that such a Trump tax plan would be implemented as described is wrong.