State of the Union Bombshell: Tariffs as a Backdoor Income Tax Replacement

[egbertowillies]

A State of the Union address admission reveals a plan to replace progressive income taxes with tariffs—a regressive shift that would raise prices and burden working families.

Blog Post: https://egberto.substack.com/p/state-of-the-union-bombshell-tariffs
Podcast: https://creators.spotify.com/pod/profile/politicsdoneright/episodes/State-of-the-Union-Bombshell-Tariffs-as-a-Backdoor-Income-Tax-Replacement-e3fj12g/a-acgbhcs

[Ilsa]

1. I don't see how this is workable.

Consumption of goods would slow dramatically for years.

[Probatim]

2. This isn't a bombshell. He's floated it in the past - when he's mentioned how we had tariffs in the 1920s and

how great America was at the time.

[ProfessorGAC]

3. Was Going To Say The Same

His floating that was a huge indicator that he has no idea how any of the economic stuff works.
Total imports were about $4.3 trillion last year. In order to supplant taxes, there would have to be ac150% tariff on everything imported, which would be an economic catastrophe.

[Blue Full Moon]

4. He said that when he was campaigning