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News@lemmy.world · 10 months ago

Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

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Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

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News@lemmy.world · 10 months ago

Trump also talked about using tariffs to leverage negotiating power over bad actors, a source told CNBC.

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10 months ago
They’d have to be enforced to be effective.

Who made his gold-painted shoes?

The price of computers and TVs would skyrocket—making the tariffs regressive taxes—though it might also spur repair and re-use.

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