[phil_will1]

"Reinstate tariffs and repeal 16th amendment and problem solved, constitutionally."

So you would replace the revenues that the government collects via income taxes with import tariffs? Are you serious? Any idea what the rate would have to be?

Answer: There is no rate that would work. If you set the rate high enough to replace income tax revenues with current import levels, you would shut off all imports. Then how much revenue would be collected? Zero.

We won't even get into the sanctions the WTO would place on us.

[hedgetrimmer]

We won't even get into the sanctions the WTO would place on us

But we can ignore these. The "free traders" on this forum tell us all the time, 'we can leave the WTO anytime we want', 'we never listen to them if we don't want to'.

[1rudeboy]

We won't even get into the sanctions the WTO would place on us.

Technically, the WTO would look the other way when other countries place sanctions on us. Do you see what you've done? You've set off the hedgtrimmer failure-of-logic alarm.