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re: Imagine the US government’s only source of revenue being tariffs.
Posted on 11/20/18 at 10:45 am to tigereye58
Posted on 11/20/18 at 10:45 am to tigereye58
The big issue with tariff based taxes, at least from the government’s perspective, is that it is not a reliable source of income.
It’s similar to Nevada’s budget which is balanced off sales tax and mining taxes. If tourism or mining goes into the toilet, they’re fricked.
LA has the same with oil to a degree but they have their fingers into pretty much every pie in addition to petroleum.
It’s similar to Nevada’s budget which is balanced off sales tax and mining taxes. If tourism or mining goes into the toilet, they’re fricked.
LA has the same with oil to a degree but they have their fingers into pretty much every pie in addition to petroleum.
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