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News@lemmy.world · 5 months ago

Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

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Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

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News@lemmy.world · 5 months ago

Trump also talked about using tariffs to leverage negotiating power over bad actors, a source told CNBC.

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5 months ago
I don’t know if this isn’t already a thing, but if he uses that stock as collateral to overpay for another social media company, or some other stupid flex, he should be taxed on that valuation with no deductions whatsoever.

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