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WASHINGTON—President Trump keeps suggesting that tariffs can replace income taxes for most Americans. One big problem: The math doesn’t work.
As Mr. Trump implements—granted, haltingly—these economists’ ideas on tariffs, we should take seriously the risk that the administration will push ahead with some of their other ideas ...
As tariff price hikes come closer to reality, the Trump administration has begun touting new trade deals as a way out of ...
President Trump says his tariffs may raise enough revenue to replace the income tax, so why is he afraid ... $55.” The idea is to let shoppers know that Washington, not Amazon, has raised ...
"There is a chance that the money from tariffs could be so great that it would replace (the income tax).” The idea may sound appealing, but economists who spoke to USA TODAY say Trump's ...
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