Replacing Taxes With Tariffs Would Take Us Back to the 1800s ...Middle East

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Mitt Romney probably blew his chances of becoming president in May 2012 when he suggested to a roomful of wealthy people at a Boca Raton fundraiser that America spoils its lower-income citizens by not taxing them enough. “Stupid, stupid, stupid,” Romney wrote in his diary after Mother Jones’s David Corn reported his remarks, according to McKay Coppins’s 2023 biography, Romney: A Reckoning. Now Donald Trump has amplified Romney’s error by stating explicitly that the progressive income tax ought to be replaced by tariffs. That would do Romney one better by returning the United States economy to the 19th century.The Washington Post’s Catherine Rampell was quick to point out that eliminating the

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Replacing Taxes With Tariffs Would Take Us Back to the 1800s ...Middle East

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