Oh BS. Cry me a river. An Across the board import of 20% plus a small federal retail sales tax and REDUCTION of income tax rates would balance the budget this year. We can work on the debt after the bleeding stops.
“Across the board import of 20% plus a small federal retail sales tax”
Since the tariffs get passed on to the consumer, you’re really talking about a 20%+ federal sales tax, in effect. Basically we’d be paying European level taxes for American level social programs. Color me skeptical that the economy would keep chugging along.