Trump suggests we can do without any taxes -- just fund everything with tariffs
A woman's shout out at his Las Vegas rally today...
“She said no tax on anything,” Trump said. “How about just no taxes, period? We could do that.” The president then fondly recalled a time without a federal income tax and floated funding the US through tariffs:
You know, if the tariffs worked out, like a thing like that could happen if you want to know the truth. Years ago, 1872, 1913, we didn’t have an income tax. What we had is tariffs where foreign countries came in, and they stole our jobs, they stole our companies, they stole our product, they ripped off. And, you know, they used to do numbers.
And then we went to tariff, a tariff system. And the tariff system made so much money. It was when we were the richest from 1870 to 1930. Then we came in with the brilliantly came in with an income tax. So we don’t want others to pay. Let’s have our people pay. And then you had the depression in 1928, 1929, I call it 1929. It was a bad time. But, you know, you didn’t have tariffs, and you had tariffs that ended in 1913. But it was the richest our country ever was.
https://www.mediaite.com/tv/trump-floats-funding-government-solely-through-tariffs-how-about-just-no-taxes-period-we-could-do-that/
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