Another "Build The Wall" Campaign Pledge ready to get crushed!

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North Wildwood - Another "Build The Wall" Campaign Pledge ready to get crushed! Donald Trump’s self-imposed Feb. 1 deadline to install 25% tariffs on Canada and Mexico and 10% duties on China is going to get replaced by universal tariffs that start at a lower level such as 2.5% and then rise gradually. So what Mr. America is going to do is adopt a European style VAT (Value Added Tax) on imported goods so he can then offer to lower your income taxes in the old "Bait and Switch" Game that does NOTHING to create new American jobs. Sales Tax replaces Income Tax. How's that Snake Oil taste so far?

Print Publication Date: 
2/05/2025
Topic: