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Trump says he wants to replace income taxes with tariffs. If he put a 25% tariff on EVERY import (which is not even realistic) it would raise a trillion dollars annually. Income tax revenues are five trillion. The math doesn't work. It's magical thinking.
Mar 6, 2025, 7:52 PM
{
"text": "Trump says he wants to replace income taxes with tariffs. If he put a 25% tariff on EVERY import (which is not even realistic) it would raise a trillion dollars annually. Income tax revenues are five trillion. The math doesn't work. It's magical thinking.",
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"createdAt": "2025-03-06T19:52:50.247Z"
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