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News@lemmy.world · 1 month 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 · 1 month ago

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

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Maggoty@lemmy.world
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1 month ago
No that’s about right. The big problem we have right now is we’ve lost the ability to effectively tax people who don’t live on an “income”. So we need a second system for people who are insanely wealthy.

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