4 ms·
These tariffs are presented as trying to bolster domestic industry but that's a smokescreen. The primary goal is to use this to replace income taxes so the rich
by pstuart 1y ago
These tariffs are presented as trying to bolster domestic industry but that's a smokescreen. The primary goal is to use this to replace income taxes so the rich are freed from their onerous (/s) taxation.
The bonus is that it's a tool for punishing perceived enemies and inciting interested parties to purchase favor from the regime to try and ease them back.
https://www.cnn.com/2025/04/28/business/taxes-trump-tariffs https://www.cnn.com/2025/04/28/business/taxes-trump-tariffs