Name: Trump Floats Replacing Income Tax With Tariffs
Uploaded: 2024-10-29T04:50:10.000Z
Description: Former President Donald Trump floated the idea of replacing the federal income tax with higher tariffs during his recent interview with American podcaster Joe Rogan. But how could this plan work?

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Former President Donald Trump floated the idea of replacing the federal income tax with higher tariffs during his recent interview with American podcaster Joe Rogan. But how could this plan work?

To find out more, NTD spoke with Michael Busler, a professor of finance at Stockton University. Busler tells us what the implications on the economy would be if this plan were enacted, specifically on things like bringing the cost of prices down, bringing manufacturing back into the United States, and improving the U.S. economy.

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