Breitbart News economics editor John Carney said Tuesday on Fox Business Network's "Kudlow" that the Trump administration's tariffs could "almost eliminate the corporate tax altogether." The post Carney on Kudlow: Trump’s Tariffs Could ‘Almost Eliminate the Corporate Tax’ appeared first on Breitbart.
The main conceptual idea of the text is that taxes could be significantly reduced, potentially eliminating the corporate tax entirely, by using revenue generated from tariffs imposed by the Trump administration.
John Carney argues that the tariffs could bring in enough money to offset the entire corporate tax burden. He suggests aiming for the most aggressive tax cuts possible in this scenario.
The main conceptual idea of the text is that taxes could be significantly reduced, potentially eliminating the corporate tax entirely, by using revenue generated from tariffs imposed by the Trump administration. John Carney argues that the tariffs could bring in enough money to offset the entire corporate tax burden. He suggests aiming for the most aggressive tax cuts possible in this scenario.
