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@lain It's a monkey paw style wish. The aim according to Trump is the tariff's are supposed to offset taxes. I expect a window of pain before things are better though. Club Fed has done enough damage that there will be pain no matter if anything is changed from the status quo.
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@ooignignoktoo i suppose it will end up just being an additional tax. there's no way to get tariffs to a level that would completely replace the income tax (which just shows how much is being taken away from workers already)
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@lain @ooignignoktoo You would need 75% tariffs on all imports, at current levels. Although, massive spending cuts would help lower that number. Of course, a 75% import tax would lower the amount of imports making the needed percentage higher.
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@FreeinTX @ooignignoktoo yeah, I don’t think many Americans think “let’s make all import costs double” is a good strategy to make America great again
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@lain @ooignignoktoo Personally, I'd pay double for all imports to avoid having to file and pay income taxes. Triple, even. But, you're right. Not likely gonna happen.