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To: RginTN
And you support more tariffs!

Actually I would like to replace the Federal income tax with tariffs and a sales tax.

But in the meantime a 10% global tariff would raise 400-500B / year and balance the budget.

56 posted on 08/22/2015 11:58:59 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
But in the meantime a 10% global tariff would raise 400-500B / year and balance the budget.

A 10% tariff would have only collected $235 Billion last year. Assuming no reduction in imports.

148 posted on 08/22/2015 2:22:34 PM PDT by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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