Trump floats eliminating U.S. income tax and replacing it with tariffs on imports
brygphilomena @ brygphilomena @lemmy.world Posts 1Comments 979Joined 2 yr. ago
brygphilomena @ brygphilomena @lemmy.world
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I'd love to see some way for this to encourage domestic production.
However, that wouldn't work. Most of the bullshit we buy would still come from China or some third world country. And it's not like the businesses importing the product would pay the tariffs themselves; they'd immediately tack the cost onto the retail price. They pass the pain into consumers and we get fucked instead of the multinational corporations.