Trump in Joe Rogan interview says he’d replace income tax with tariffs

In a recent interview with Joe Rogan, former President Donald Trump reiterated his idea of replacing income taxes with tariffs to protect American jobs and factories. Trump’s plan includes eliminating income taxes on tips, overtime pay, and Social Security benefits, as well as renewing his 2017 tax cuts. However, experts believe that Trump’s tariffs would not generate enough revenue to offset the loss from income taxes, potentially leading to a $3 trillion deficit over a decade. Critics argue that Trump’s plan would essentially be a sales tax on low-income individuals, contrary to his claims that tariffs would be paid for by other countries.