Comment by fundad
5 days ago
The tariffs were definitely part of the campaign, described in detail in Project 2025 and will eventually replace higher brackets of the income tax.
This consumption tax is tax policy, not trade policy. That was evident when there was not even any discussion about excepting manufacturing inputs (neither this time nor the 45th administration).
Wouldn't it be fairer to remove the lowest tax bracket, or move all tax brackets higher?