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The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."
Tuesday, April 1, 2025
US imports came to $4.11 trillion in 2024: You'd have to tariff this out of existence to pay for the nearly $7 trillion in federal outlays in fiscal 2024
The tariff rate would have to be 170%, not 20% or 25% or even 50%.
Those are not serious proposals.
The tax base is much too small.
Humoring Mad King Ludwig about this is an errand worthy only of fools.