Image Source: Pexels
Bob analyzes President Trump’s recent remarks praising the revenue capacity of tariffs. He shows that historically, tariffs only bought in a small fraction of what income taxes currently yield, meaning federal spending would have to be sharply cut in order to phase out the income tax.Video Length: 00:36:38More By This Author:Tariffs Will Not Make America Great Again
Should Inflation Be Defined Only As Price Increases?
Historical Test Cases Of Tariffs And Industrial Policy: U.S., Japan, And China
