The honest answer is no: not on its own. But that's not the fault of tax vs tariffs, it's just the reality of our endless social programs, foreign aid packages, government spending, etc.
It's just better than income taxes because it allows people to make a choice to spend or not, rather than automatically losing a substantial amount of what they earn.
A well instituted tariff program with proper carrot incentives can do very well, but will fail the same if other changes aren't made.
All those programs get axed. Dependency be dawned. The only legit funded programs are for those who've earned a pension. Those will have to still be paid.
The honest answer is no: not on its own. But that's not the fault of tax vs tariffs, it's just the reality of our endless social programs, foreign aid packages, government spending, etc.
It's just better than income taxes because it allows people to make a choice to spend or not, rather than automatically losing a substantial amount of what they earn.
A well instituted tariff program with proper carrot incentives can do very well, but will fail the same if other changes aren't made.
All those programs get axed. Dependency be dawned. The only legit funded programs are for those who've earned a pension. Those will have to still be paid.