DiscoverWatchdog on Wall Street with Chris MarkowskiRecord Tariffs, Record Deficits: The Fantasy of Eliminating Income Taxes
Record Tariffs, Record Deficits: The Fantasy of Eliminating Income Taxes

Record Tariffs, Record Deficits: The Fantasy of Eliminating Income Taxes

Update: 2025-12-02
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Tariffs bringing in “hundreds of billions” sounds impressive—until you compare it to trillion-dollar interest payments and the size of the modern federal government. This episode calls out the magical thinking behind claims that income taxes can be eliminated, and explains why comparing today’s America to the pre-income-tax era is economic nonsense.
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Record Tariffs, Record Deficits: The Fantasy of Eliminating Income Taxes

Record Tariffs, Record Deficits: The Fantasy of Eliminating Income Taxes

Radio America