Trump's Proposed All-Tariff Policy Faces Political and Practical Challenges
===============	
#3d0b08bc ver:0.81

Former President Donald Trump's proposed "all tariff policy" to replace income taxes with tariffs would have catastrophic consequences for the economy and ordinary Americans. It would require tariffs of 120-130% on imported goods, effectively imposing a sales tax of up to 130%. This would shift the tax burden away from the rich and towards ordinary Americans, causing economic inequality to skyrocket. The proposal would also jeopardize Social Security and Medicare and disrupt global supply chains, sparking trade wars. Trump's lack of strategic thinking is evident, as the proposal would ultimately benefit the wealthy and harm the average American. #Tariffs #TaxPolicy #EconomicConsequences...

#newstr #Trump #TaxCuts #Tariffs #Economy #IncomeTax #ImportedGoods #EconomicInequality #TradeWars 

 https://here.news/story/3d0b08bc?ver=0.81