Former president Donald Trump just can’t let a bad idea go. On Thursday, while meeting with Republican lawmakers on Capitol Hill, Trump reportedly raised the idea of swapping higher taxes on imports for lower income taxes. It’s a tax scheme that makes little sense from virtually any perspective it is considered.
“President Trump says ‘this is an idea, but I’d love to raise tariffs’ and then he said, ‘and maybe even no income taxes on Americans.’ Everyone was clapping in the room,” explained GOP Rep.