[central_va]

A 20% import tariff balances the budget tomorrow.

[ken5050]

That’s a 20% tax increase. Are you really advocating for that?

[freedomfiter2]

Yeah, but that would be so unamerican. Our forefathers would never have done such a thing.
Do I need a sarcasm tag?

[Popman]

-—A 20% import tariff balances the budget tomorrow.-—

A 20 % tax on imports would be passed onto to consumer...

Thanks, but I’d pass...

[HamiltonJay]

Import tariffs pretty much funded the federal government until the passage of the income tax amendment.

[Smokey Stover]

What we need to do is cut spending, not just push the tax burden around.

[Shanghai Dan]

A 20% import tariff balances the budget tomorrow.

I wouldn't go that far... Our actual annual deficit is $1 trillion. US imports of goods is about $2.3 trillion. Twenty percent of that would be $460 billion.

We'd come up about 54% shy of eliminating the deficit. Of course, that assumes that imports would stay the same with an extra 20% tacked on. My guess is we'd see imports actually drop by at least 20% - so we'd probably only realize a $300 billion cut in the deficit, leaving us around $700 billion in the hole, annually.

[Kickass Conservative]

>>>A 20% import tariff balances the budget tomorrow.<<<

Remember the good old days when the Federal Government was funded almost entirely by Tariffs and not Income Taxes?

It was written in that outdated Constitution thingy as I recall.

[sarge83]

I’m not for tariffs, but if a country is hammering us with one, we respond in kind. Not free trade, but fair trade if the tact Trump should take.