President Donald Trump announced during the State of the Union (SOTU) address on Tuesday that he believes tariffs, “paid for by foreign countries,” will eventually “replace the modern-day system of income tax.”
“Countries that were ripping us off for decades are now paying us hundreds of billions of dollars,” President Trump declared during Tuesday’s SOTU address. “They were ripping us off so badly, you all know that, everybody knows it, Democrats know it, they just don’t want to say it.”
“And yet these countries are now happy, and so are we,” the president continued. “We made deals, the deals are all done, and they’re happy. They’re not…
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