"Trump said ‘there is a chance’ tariff revenue could replace the income tax. Economists are skeptical"
https://www.cnbc.com/2025/04/22/trump-tariffs-replace-income-tax.html
"White House trade advisor Peter Navarro in late March estimated tariffs could raise roughly $600 billion a year.
But that figure “is not even in the realm of possibility,” Mark Zandi, chief economist at Moody’s, told CNBC earlier this month. “If you get to $100 billion to $200 billion, you’ll be pretty lucky.”
To compare, the IRS has collected $1.14 trillion in individual income taxes for fiscal year 2025 through March 31, according to Treasury data."
Skönt med sådan kompetens in the House.