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WASHINGTON—President Trump keeps suggesting that tariffs can replace income taxes for most Americans. One big problem: The math doesn’t work.
As Mr. Trump implements—granted, haltingly—these economists’ ideas on tariffs, we should take seriously the risk that the administration will push ahead with some of their other ideas ...
President Trump says his tariffs may raise enough revenue to replace the income tax, so why is he afraid ... $55.” The idea is to let shoppers know that Washington, not Amazon, has raised ...
"There is a chance that the money from tariffs could be so great that it would replace (the income tax).” The idea may sound appealing, but economists who spoke to USA TODAY say Trump's ...
Tariffs have emerged as possibly the defining aspect of Donald Trump's presidency and they're poised to make life a lot ...