During America's 1800's Golden Age the federal government was almost entirely funded by import tariffs. The result was double-digit economic growth and a federal government that was ten times smaller

Trump floats replacing the entire income tax with import tariffs

By News on the Net -- Peter St Onge, Ph.D.——Bio and Archives--June 21, 2024

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Trump floats replacing the entire income tax with import tariffs.

Would it work?

In fact, during America's 1800's Golden Age the federal government was almost entirely funded by import tariffs.

The result was double-digit economic growth and a federal government that was ten… pic.twitter.com/KxGf2jxYOj
— Peter St Onge, Ph.D. (@profstonge)June 21, 2024

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