Would Trump's Plan to Replace Income Tax with Tariffs Work?
The Human Action Podcast
Debating the Efficacy of Tariffs in Economic Policy
This chapter delves into the ongoing discussion among economists about the effects of tariffs, focusing on their potential benefits for domestic workers versus their overall economic implications. It also explores the historical arguments supporting tariffs and critiques Trump's proposal to replace income tax with tariffs, stressing the importance of fiscal responsibility.
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