Last week, the Malignant Loser / Orange Turd met privately with Republican lawmakers to pitch his hare brained tax plan should he be elected, and it's as self-serving as one can imagine coming from him. Zeeshan Aleem writing on MSNBC.com:
"According to CNBC, citing sources who were present at a meeting with Republican lawmakers in Washington on Thursday, Trump floated the idea of “imposing an ‘all tariff policy’ that would ultimately enable the U.S. to get rid of the income tax.” That is, Trump reportedly discussed abolishing income taxes and making up for all the lost revenue purely through taxes on imported goods.
Such a policy would be catastrophic for the economy and ordinary Americans and a huge gift to the superrich. It’s unclear how attached Trump is to this idea, and it certainly would be difficult to make it a reality. But the report that he sees it as appealing provides a window into how unserious he is about economic policy — except as a package to sell ostensibly populist ideas that would mostly just benefit the ultrawealthy.
Adam Hersh, a senior economist with Economic Policy Institute Action, likened the tariff idea 'to dropping a nuclear bomb on a hurricane.' It makes no sense and it would be incredibly destructive." (our emphasis)
Please read Aleem's entire article, as he delves into more detail about how this "policy" would wreck average Americans' lives through higher costs. It's chilling, but expected, that the Malignant Loser would float such an obviously disastrous proposal (for working Americans, not him).
