July 15, 2024
Here is an explanation of Trump's tariff plan.
Trump wants to restructure our tax policy, obtaining revenue by tariffs as the U.S. used to and reducing if not eliminating the Income Tax. America has been on a trajectory of rising statism ever since the passage of the 16th Amendment authorizing government to directly tax citizens.
Trump wants to change that.
Critics of the tariff complain it will cost the Fes $25 billion, but so what? They can and will just print more anyway. I would also ask if we really do need this expenditure. Can we not do without funding studies on the smoking habits of gay South American men, or pay to rename bridges after Robert Byrd?
At any rate Trump wants to rein in the power of the IRS. How can that be a bad thing?
Posted by: Timothy Birdnow at
11:13 AM
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