Trump floats eliminating U.S. income tax and replacing it with tariffs on imports
Trump floats eliminating U.S. income tax and replacing it with tariffs on imports
Trump also talked about using tariffs to leverage negotiating power over bad actors, a source told CNBC.
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Jesus Christ, we learned that fixing the economy via tariffs was bad in 1930. Like holy shit, tariffs are nearly universally agree by every field of economics to be shitty for citizens, businesses, and then the country. It makes no one inside want to buy anything but the simple basics, even with the basics now costing much much more.
I am not a "free trade" person, but this is not how you "Make America Great Again". Even Ronald Reagan and Dubya didn't do tariffs as a replacement for other things.
Yes, but Trump has a "relationship with MIT" and a "very good brain" so what would those economists know?
The relationship is knowing MIT and not even knowing what it stands for...
Do you know the real reason why he said he had a relationship with MIT? Because his uncle, John Trump, was a professor there.
I have a cousin who was prominent physicist at a prestigious university. Meanwhile, I dropped out of college. I wouldn't even dream of suggesting I had any sort of understanding of physics because of my cousin. In fact, he has something named after him and he once tried to explain it to me and I couldn't understand what the hell he was talking about.
Trump is so stupid that he has no idea how stupid he sounds.
I still stand by my words lmao
He probably thinks it refers to Mitt Romney.