The Economic Fallacy of Trade Wars and the Flawed Proposal to Replace Income Tax with Tariffs
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#3d0b08bc ver:0.91

Former President Donald Trump's proposal to replace income taxes with tariffs is economically flawed and would harm ordinary Americans. Relying solely on tariffs would result in a sales tax increase of up to 130% on imported goods, burdening lower-income individuals and causing economic inequality to skyrocket. The proposal would also disrupt global supply chains and spark trade wars. Trump's approach to tariffs and taxation lacks strategic thinking and would ultimately benefit the wealthy while harming the average American. #TradeWars #TaxPolicy #EconomicFallacy...

#newstr #TradeWars #IncomeTax #Tariffs #UsEconomy #TradeDeficit #InternationalTrade 

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