Getting rid of income taxes (FIRST) will make that pain worth it.
You can also choose what is eligible for tariffs and what isn't.
Trump could for example state that core tech products (silicon-based products, CPUs, GPUs, etc.) aren't eligible because there is no feasible way to get fabrication here in a reasonable amount of time.
Or, for example, Trump could set terms of an agreement e.g. they use a certain percentage of American labor-sourced materials for exemptions.
With the elimination of income tax, tariffs can be applied a lot of ways to drive better trade deals for us and pull some manufacturing back to the U.S.
It's a good idea..if the citizenry isn't fucked with the burden of income tax on top of them.
Agreed. I am for Tarrifs, but there is at least going to be some short term pain and we need to drive incentives to bring manufacturing back here to the U.S and alleviating tax burden would help survive it. Hopefully Trump has a handle on all of this so I am not too worried.
Getting rid of income taxes (FIRST) will make that pain worth it.
You can also choose what is eligible for tariffs and what isn't.
Trump could for example state that core tech products (silicon-based products, CPUs, GPUs, etc.) aren't eligible because there is no feasible way to get fabrication here in a reasonable amount of time.
Or, for example, Trump could set terms of an agreement e.g. they use a certain percentage of American labor-sourced materials for exemptions.
With the elimination of income tax, tariffs can be applied a lot of ways to drive better trade deals for us and pull some manufacturing back to the U.S.
It's a good idea..if the citizenry isn't fucked with the burden of income tax on top of them.
Agreed. I am for Tarrifs, but there is at least going to be some short term pain and we need to drive incentives to bring manufacturing back here to the U.S and alleviating tax burden would help survive it. Hopefully Trump has a handle on all of this so I am not too worried.