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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.
Moreover, agreements with Britain and China have reduced overall tariff levels from recent highs, which will cut the revenue ...
President Donald Trump says "there's a real chance" tariff revenue can replace the income tax. Economists say a full ...
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 ...
As tariff price hikes come closer to reality, the Trump administration has begun touting new trade deals as a way out of ...
"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 ...