if we got rid of income taxes in the United States the deficit would explode. Bitcoiners would be fine (I guess) but interest rates would go through the roof at the explosion of debt and deficit.

How and why people can advocate for this I still don't understand. If there were no 'income taxes' either hyperinflation would result (through yield control by the central bank) and/or interest rates would skyrocket as bondholders wanted higher yields for American debt.

Asset holders would 'be fine' maybe but it is fiscally unsustainable.

Historically speaking you can get rid of income taxes for what its worth. It also is a known way to employe your own people and bring industry to your country. 

Cje95

Politics_And_Law

Trump's Move of The Day... Going After Rep. Massie

So in other words... Canada doesn't export 'as much' to the US... because those goods or services move back and forth across the border repeatedly in the manufacturing process anyway?

I know that some folks will take to Mr Trump's side (in terms of policy or politics)... but I cannot see how high tariffs on imports help Americans in any way