[central_va]

The USA imports approximately $1.6Trillion per year. A 20% across the board import tariff eliminates the deficit tomorrow.

[smokingfrog]

A 20% import tax would never fly.

[bubman]

You know that you are taxing the american consumer right?

The Great Depression was started by a Businessman come politician who imposed massive tariffs back in the early 30's named Herbert Hoover. Heard of him?

[lepton]

What’s the current deficit? ...even disregarding the side effects and drops in realizing taxes?

[tacticalogic]

The USA imports approximately $1.6Trillion per year. A 20% across the board import tariff eliminates the deficit tomorrow.

Assuming we call all afford to keep buying the same stuff when the price goes up 20%. Don't see that happening.

[huckfillary]

That’s really bright. The Smoot-Hawley Tariff Act is credited as being the single most important cause of the Great Depression. Tariffs benefit only the rich and powerful while hurting the punishing the working class. If you want to eliminate poverty and get rid of the national debt, abolish tariffs and reduce federal spending by 50%.

[Laserman]

The USA imports approximately $1.6Trillion per year. A 20% across the board import tariff eliminates the deficit tomorrow

Yeah right! If you let the government collect it, they will squander it on more spending and we the people will only lose more freedoms and a bigger government with more dependency.