USA National Debt Tracker

Canuckster said:

USA is the greatest market/customer on earth. I believe tariffs and other forms of external revenue can and will enable the US to faze out slavery; that's if Trump does what he says he's gonna do.

Click to expand...

Arcangl86 said:

How? By what mechanism? I just showed you that if Trump does what he says he's going to do it's still going to result in over $2trillion less then we bring in in just income tax, not even including payroll taxes. There simply isn't enough trade to cover the gap, even if you were to do something ridiculous like 100% tariffs.

Click to expand...

Trump Floats Funding Government Solely Through Tariffs: ‘How About Just No Taxes, Period? We Could Do That’​

essentialsaltes said:

Trump has apparently hired Canuckster as senior tax advisor.

Trump Floats Funding Government Solely Through Tariffs: ‘How About Just No Taxes, Period? We Could Do That’​

You know, if the tariffs worked out, like a thing like that could happen if you want to know the truth. Years ago, 1872, 1913, we didn’t have an income tax. What we had is tariffs where foreign countries came in, and they stole our jobs, they stole our companies, they stole our product, they ripped off. And, you know, they used to do numbers.

And then we went to tariff, a tariff system. And the tariff system made so much money. It was when we were the richest from 1870 to 1930. Then we came in with the brilliantly came in with an income tax. So we don’t want others to pay. Let’s have our people pay. And then you had the depression in 1928, 1929, I call it 1929. It was a bad time. But, you know, you didn’t have tariffs, and you had tariffs that ended in 1913. But it was the richest our country ever was.

Click to expand...