ilmscore | Potential Tariff Impact on Income Tax Predictions
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Potential Tariff Impact on Income Tax

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A substantial tariff hike (69.9%) on imports for 2023 could theoretically replace individual income tax revenue, but this projection does not account for negative consequences like job losses and reduced spending, making it a potentially detrimental strategy.
"In fact, it said that a tariff hike of 69.9% in the level of imports for 2023 seems like it could fu..."
Graham Stephan Graham Stephan
Apr 4, 2025
Incorrect
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