After promising to eliminate taxes on tips, Social Security benefits and overtime pay, former President Donald Trump is taking aim at the largest levy of them all — the federal income tax.
Replacing income tax with a consumption tax (tarrif) sounds like a great way to reduce spending and wasteful consumption. Crashing the US economy is one way of doing degrowth, I guess.
Replacing income tax with a consumption tax (tarrif) sounds like a great way to reduce spending and wasteful consumption. Crashing the US economy is one way of doing degrowth, I guess.