source: https://www.zerohedge.com/personal-finance/get-rid-it-trump-suggests-hell-soon-slashend-income-tax
Trump is still signaling that he wants to replace income tax with tariffs.
-
what are the odds this actually happens?
-
would it be a good thing? a bad thing? something in between?
Fuck. That's a good point and one I didn't consider. Even if it doesn't encourage globalization, it might encourage local governments to put up roadblocks to domestic competition, locking in current globalization.