The Federalist What Donald Trump told Joe Rogan is correct: tariffs are the best way to raise federal revenue in a constitutional system like ours.
This was the greatest interview EVER!
JOE ROGAN: “Did you just float out the idea of getting rid of income taxes and replacing it with tariffs? — Were you serious about that?”
DONALD TRUMP: “Sure, why not?” pic.twitter.com/t7an2Mbe3j
— Graham Allen (@GrahamAllen_1) October 26, 2024
Trump went into American political history to explain why tariffs are a better source of government revenue than a system such as an income tax on citizens. The American Founders agreed.
They debated and soundly rejected a federal income tax system, opting instead in 1789 to institute an ad valorem tariff on “all articles of foreign manufacture” as the sole mechanism for funding the federal government. The Tariff Revenue Act of 1789 was the very first law on the books of the very first Congress. That’s why a constitutional amendment was required in 1913 just to make an income tax system legal in this country.
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Read Full Article Here…(thefederalist.com)
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