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senatorpjt's avatar

I actually like the idea of tariffs. I'm not too economically literate so I could still be totally wrong, but I wouldn't be opposed to using tariffs as a way to generate revenue, seems to me preferable to income taxes as a way to collect money. But it would have to be gradual, maybe raise tariffs a couple percent and see how it goes, don't just rip the economy a new asshole.

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Rich Wingerter's avatar

The problem with using tariffs to raise revenue is that they are a regressive tax. The people who pay most of them are poor people.

That's unfair, but it also hurts the economy. We need money flowing in the working part of the economy. This will drain money from that part of the economy.

Tariffs aren't necessarily bad. The way Criminal Trump is using them is. You can see my more extensive comment for details.

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