Nonilex<p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trump</span></a> again criticizes the creation of the <a href="https://masto.ai/tags/IncomeTax" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>IncomeTax</span></a> in the US in 1913, arguing that it’s a mystery why the nation ever instituted one. American policymakers embraced the income tax for 2 reasons: to collect more taxes from the <a href="https://masto.ai/tags/rich" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>rich</span></a> & to pay for a growing federal govt.</p><p>Conversly, <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tariffs</span></a> disproportionately burden <a href="https://masto.ai/tags/LowIncome" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LowIncome</span></a> Americans, who spend more of their earnings on goods that tariffs make more expensive.</p><p><a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/TrumpTariffs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpTariffs</span></a> <a href="https://masto.ai/tags/Trumpcession" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Trumpcession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USpol</span></a></p>