You know, I've been thinking recently about the Trump tariffs. I think they're stupid, in general. The US would be better off scrapping all sales taxes and tariffs and replacing it with a federal VAT of, say, 8%, matching current average sales tax rates in the US. This would include import VAT.
VAT is better because everyone pays it, but businesses re-claim it. This removes a lot of overhead for auditors, narrowing the tax gap, raising more revenue.
But I'm morally torn, and I'll say why next: