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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: OrmontUS ✭✹  😊 😞
Number: of 4582 
Subject: Re: 6-3 Scotus Decision Strikes Down Trump Tariffs
Date: 02/20/26 2:59 PM
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The immediate challenge is that the funding of the US has shifted from income tax revenue to tariff revenue as Congress has passed tax reduction bills. With out either tariff or income tax revenue, the national deficit will skyrocket. Without tariff revenue, Congress will have to wrestle with how to take candy from children as the tax cut would have to go.

Jeff
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