
Michael Faulkender Talks China Tariffs, DOGE, Tax Cuts
Bloomberg Talks
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Exploring Tariff Revenues and Tax Policy Reform
This chapter explores the role of tariff revenues in U.S. tax policy, considering the possibility of replacing income taxes with tariffs. The discussion also covers recent legislative actions on tax reform and emphasizes the urgency surrounding the upcoming tax filing deadline and its implications for government borrowing.
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