Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: central_va

Rather than try to explain to you how math, basic economics, and the like work?

Let me just say this... I think it’s a terrible idea for the US economy, but I’ll make you a deal:

Completely eliminate the income tax and make tariffs 100000000000000000000000% Go for it. I will make that trade. I think it’s a terrible idea, but whatever, I couldn’t care less any more. I’ll spend - and save and invest - my money appropriately and you can get your wet dream.

Deal?


66 posted on 11/17/2025 4:16:25 PM PST by Capn Hayek (Capital is not responsible for Labor's lack of planning)
[ Post Reply | Private Reply | To 60 | View Replies ]


To: Capn Hayek

How about reading a history book about the USA? If you ever did you’d find out that the federal government was funded by tariffs before the disastrous income tax started to replace it.

Funny how you are a fan of the income tax but hate the best consumption based tax: the tariff.

Here is some math for you. Most of the federal govt spending goes to SS and Medicare. We could argue about those but FICA covers that. In case you don’t know FICA are also called payroll taxes. The rest of federal discretionary spending could easily be covered by tariffs and a National Retail Sales Tax.


78 posted on 11/17/2025 5:17:39 PM PST by central_va (Xt I won't be reconstructed and I do not give a damn...)
[ Post Reply | Private Reply | To 66 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson