That's part of the plan, cut income taxes and replace it with a tariffs (taxes) paid by people who have to spend most of their money. Trillion dollar cuts for billionaires already on the way.
Replacing income taxes (which can be progressive) with sales taxes (which hits working people harder) has been a goal of some conservatives for years. This is the goal.
Right?! I wrote a check for $8700 to the feds. I’m a 63 year old sole proprietor. I’m a professional FLOWER GARDENER! My retirement saving lost 20%? This is NOT making ME rich!!!
More to the point, why are they still gutting and looting everything that belongs to America and cutting funding for crucial stuff like even food safety?
The severely regressive tax--the tariff--like the sales tax is how the 0.1% want to fund all government. The wealthy believe the most evil thing ever is the income tax, and always have. (They also despise inflation, but it's the income tax that makes them come unglued.)
Because income tax is nominally controlled by Congress while tariffs can be controlled by the executive branch.
By floating the idea of getting income from tariffs vs incometax, the hope is to get the executive branch more power and leverage to control the USA in an autocratic way.
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#RIPGOP
No!
So the tax cuts aren't for you, sorry.
So much money. Not!
Learn more here:
https://www.youtube.com/watch?v=IzhX...
Also, the Trump "plan" to replace income tax with tariffs is just a way to shift the tax burden even further to poor and middle-income people.
LOSER. ! LOW IQ.
Hard to keep track at this point.
Unless it was never about bringing manufacturing jobs back to America.
By floating the idea of getting income from tariffs vs incometax, the hope is to get the executive branch more power and leverage to control the USA in an autocratic way.
So watch out.