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?
Yes. Big government is not sustainable. Unless & until spending is cut and deficits turn into surpluses (used to repay debt!) there will come a day of reckoning. That won't be pretty.
Everyone imagines it )the Black Wall Of Debt) be "down the road" and maybe their great-grandchildren will have to deal with it? But in reality we're at a stage where it could hit any day now. The longer it goes on the worse it will get too.