During a recent appearance on Joe Rogan's podcast, former President Donald Trump expressed openness to the idea of eliminating income taxes in favor of tariffs. Trump highlighted his support for tariffs and praised the economic policies of the late 19th century, particularly referencing President McKinley as the 'tariff king'.
When asked about the possibility of replacing income taxes with tariffs, Trump responded affirmatively, stating, 'Yeah, sure. Why not?' He pointed to the historical wealth of the United States during the 1880s and 1890s as evidence of the effectiveness of tariffs in boosting the economy.
