Part 3/9:
The Shift in Revenue Generation
Historically, tariffs served as a primary source of government revenue in the United States. However, the trend shifted towards income taxes in the early 1900s. The Trump Administration's approach appears to be revisiting this historical perspective, hinting at a potential shift back towards tariffs while also advocating for a flatter tax system. This could foster a healthier economic environment, allowing individuals more discretion over their spending and charitable contributions.