The Economic Impact of Replacing Income Tax with Increased Tariffs

The Economic Impact of Replacing Income Tax with Increased Tariffs

By Brian Figeroux, Esq. The structure of a nation’s taxation system has significant implications for economic growth, trade, and income distribution. One radical fiscal policy proposal is replacing income tax with increased tariffs on imports. While this approach could simplify tax collection and potentially promote domestic industries, it also carries substantial risks, including inflation, trade […]

Trump-Imposed Tariffs would Fuel Major Donor Corruption, take us Back to the 1800s

Trump-Imposed Tariffs would Fuel Major Donor Corruption, take us Back to the 1800s

By Michael Waldman, BRENNAN CENTER FOR JUSTICE It was a lurid early reminder that the new administration could bring with it a cornucopia of corruption. Today’s quiet campaign deals turn into tomorrow’s scandals. And a recent study shows that donations improved the odds of avoiding tariffs in the last Trump administration. After voters rebelled against […]