Silly Americans

taxpolicy.org.uk/2025/04/02/no

I could explain, or you could read this article.

America has the right to raise revenue on imports, but they should scrap all sales taxes and tariffs, and replace it with a federal VAT system that includes import VAT.

It would make international trade easier since most countries also use VAT schemes. Thus boosting exports - and raising revenue. While avoiding alienating the other countries.

Say, 8% federal VAT?

Someone should show Trump this article.

0

If you have a fediverse account, you can quote this note from your own instance. Search https://mas.to/users/libreleah/statuses/114302748696379083 on your instance and quote it. (Note that quoting is not supported in Mastodon.)