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This would eliminate federal taxes and instead impose taxes on imported goods.
This could potentially put more money back in the pockets of Americans and give them more spending power.
It also could be great news forcertain American brands.
Here are the brands experts say would benefit fromTrumps policies.
Yetispremium coolers and tumblersare a splurge; lower taxes mean people will buy more.
Yeti became a publicly traded company in 2018.
Since then, the companys stock has increased 133%.
GoPro
If Americans have more cash, theyre likely to take more trips.
One accessory that is known for capturing all the action when on a vacation adventure is the GoPro.
People who love getting the latest gadgets could splurge on one of these cameras.
GoPros action cameras areexciting tech toys, Gawley said.
With more cash, customers upgrade to the latest model.
There will be more opportunity for people to splurge on brands that spark joy and trip.
Brands enabling hobbies, recreation and passion projects will thrive.
The latest model is the Hero12 Black, which GoPro calls itsbest action cameraever.
Without any accessories, the Hero12 Black will cost you $299.
Most other models GoPro offers hover around $250.
In addition to cameras, GoPro offers subscriptions to store and edit your footage.
The GoPro subscription cost starts at $24.99 a year.
Apple
Apple products are popular, but expensive.
For example, the average cellphone costs $823 in the U.S.
The latest iPhone 15 Pro costs around $1,000.
Peloton
Since the pandemic, Peloton has been financially struggling.
When people were stuck at home and couldnt get to the gym, Peloton was thriving.
They did $2 billion in sales in 2022.
Things turned for the worse for the company when people could go back to the gym.
Customers returned their Peloton equipment and subscriptions to the app declined.
Gawley said that more disposable income means Peloton could see a resurgence.
Pelotonsconnected fitness equipmentis pricey, but engaging.
Additional income lets people invest in an immersive at-home workout, Gawley noted.
Teslas cheapest model the Model 3 starts at an approachable $38,000.
Teslas Model X, themost expensive modelin the fleet, starts at $99,990.
Increased spending powercould lead to more people affording electric vehicles and sustainable technology, he remarked.
McLean said Amazon could see even more sales if there is no income tax.
More disposable income might drive higher spending on various goods and services available on Amazon.
Moreover, the average American spends $38 a month on Amazon.
That number is higher for Prime members those with a membership spend $110 a month on average.
These numbers might increase with more disposable income.
Amazon hasnt been hurting for sales in quite some time.
Over the past five years, Amazon has seen its stock go up 79%.
These days, the stock trades closer to $160 a share.
However, who knows how high it might get in the future or during apotential Trump second term.
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