Duh, it s a non progressive tax. But then again you love the income tax, which a tariff could offset or maybe replace, because deep down you are a progressive.
A tax is not a source of economic growth and never can be.
A tariff is different. It protects and promotes domestic industry and causes unemployment of -- wait for it --- foreigners! A good thing.
You don’t get to make up your own economics, much as you are dependent on that.
Either do you. It is well established that a tariff promotes domestic employment, job growth and GDP. It is fact. The truth is you cannot handle complex thinking. The situation is dynamic and not static and you cannot fathom that. It is clear you are lacking intellectually.
Since you are with out a doubt historically and economically ignorant I will throw you a bone, if you must complain about a tariff then complain that it is inflationary. That is the only down side.
Tariffs were notorious for the potential for bribery of government officials. Who would pay them more: the iron and steel makers who profit from the exclusion of foreign steel or the Railroads who lose because the steel is higher? Steel was a major input to railroads. This is only one of many instances.
Oh and the income tax is not without special interest! LOL!
There is also the potential for disparities of impact on the different states.
What?
It is far from “established” that OVERALL tariffs increase employment, quite the contrary. They can increase employment in the favored industries but it Decreases employment in non-favored industries.
If they are so good why does the President repeatedly say that the goal is no tariffs? He clearly recognizes that it is a political instrument to be avoided if possible.
We can’t tax imports enough to fund the government not even close. That possibility left the room when the Civil War broke out and won’t come back in.
The world we live in has income taxes and they are not even close to the graft and corruption of the State legislatures during the time of the tariff. We will never escape that reality of income taxes. We would all like no taxes including the hidden ones, like the tariff. See “The Scarlet Woman of Wall Street for a slice of the real world.
They are political instruments with economic costs.