General Discussion

homegirl

(1,953 posts) Mon Feb 23, 2026, 02:23 PM Monday

How deep in debt is the USA.. [View all]

After reading posts about the enormity of the debt of the USA I have a suggestion that may be worthy of implementation.

Would Americans be in agreement to a tariff plan to pay down or eliminate the national debt?

Here's my proposal:

A tariff of one percent on all goods and products entering the USA.
Permitting increase at a rate of one quarter percent annually, to be passed by Congress.
A total five percent upper limit
This legislation to sunset after five years
All revenues to be used to pay down the national debt.

Would Americans agree and feel this was a reasonable and effective way to reduce or eliminate our debt?

10 replies

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Highlight:

How deep in debt is the USA.. [View all] homegirl Monday OP

Americans are too selfish and ignorant to fix ANYTHING! 31st Street Bridge Monday #1

What about taxing the shit out of the billionaires and megachurches attempting to overthrow democracy? Initech Monday #2

I agree wholeheartedly WmChris Monday #7

There are easier ways to get rid of the national debt that do not require tariffs. Ferrets are Cool Monday #3

So whose pocket(s) will these tariffs be going into? durablend Monday #4

Sometimes great intentions cancel themselves out. Norrrm Monday #5

Tariffs and tax revenue only enable tax cuts for billionaires. bucolic_frolic Monday #6

So, how would homegirl Monday #9

while the national debt is a legitimate concern, there are many complicating factors and it can't be seen in isolation. unblock Monday #8

No Cirsium Monday #10