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He has brought up before that the US government used to get its revenue from tariffs before income taxes were introduced.
The US is running ginormous deficits but their religion doesn’t allow them to raise taxes. So this might be his least bad option (talking about his internal politics, not the actual economics) to start addressing his deficit.
I don’t debate the insanity of the economics of it. I’m saying they have a problem the solution for which is raising taxes but their stupid religion (bootlicking capital) doesn’t allow it, so he’s trying to raise revenue this way.