The ex-president has frequently lauded a time in American history when there was no income tax, and tariffs were the main source of government revenue. This period is seen as a time of economic prosperity and self-sufficiency. The ex-president’s views on taxation and government funding have sparked debate among politicians and economists. Critics argue that relying solely on tariffs for revenue could limit the government’s ability to provide essential services. However, supporters believe that reducing or eliminating income taxes could stimulate economic growth and benefit taxpayers. Overall, the ex-president’s praise of this historical era reflects a broader debate on tax policy and government funding in the United States.
Source link
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
Leave a comment