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.
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what are the odds this actually happens?
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would it be a good thing? a bad thing? something in between?
Firstly: GET RID OF INCOME TAX, YES, YES, YES.
But main goal needs to be shrinking spending, corruption, and government. Everything else is a bandaid.
Also, the point of tariffs is to disincentivize outsourcing. It's weird to then make the government reliant on companies continuing to outsource to foreigners for their paycheck. And, as another comment mentioned, they'd immediately look for other ways to screw us out of our money.
So, my answer is...good in theory, and in theory I'm in favor...but a bunch of other related issues need to be solved or it's pointless.