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News@lemmy.world · 5 months ago

Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

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Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

return2ozma@lemmy.world to

News@lemmy.world · 5 months ago

Trump also talked about using tariffs to leverage negotiating power over bad actors, a source told CNBC.

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Feyr@lemmy.world
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5 months ago
Also it’s 22% and it’s not solely because payroll is lazy. It’s actually set by federal statute
- Serinus@lemmy.world
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  5 months ago
  That must be before other, additional payroll taxes.
  - Feyr@lemmy.world
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    5 months ago
    Yeah add SS and Medicare to that if you’re not capped already. And of course any state taxe

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