5 ms·
If (big if) income taxes are significantly reduced (eliminated for tax brackets at $200k or less, and graduated meaningfully above $200k), then the tariffs will
by ToDougie 1y ago
If (big if) income taxes are significantly reduced (eliminated for tax brackets at $200k or less, and graduated meaningfully above $200k), then the tariffs will be palatable, while giving investors and industry the time to rebuild. The rebuild will not be possible without intensive deregulation and upheaval of some entrenched regulatory institutions. It is hard to believe that any of what I have listed is possible, but in my lifetime I have seen this country do all kinds of wacky things.
- tchock23 1y agoUnlikely: https://taxfoundation.org/blog/trump-tariffs-tax-cuts/ https://taxfoundation.org/blog/trump-tariffs-tax-cuts/