Can Tariffs Replace Income Taxes?
We need to deal in reality instead of wishful thinking.
Can tariffs replace income taxes paid by Americans earning an income under $200,000 annually, as President Trump has suggested?
We seem to have entered a new world in 2025, or rather, reincarnated an older America whose tax receipts were heavily built on tariff payments. U.S. Secretary of Commerce Howard Lutnick recently stated that tariffs could replace income taxes paid by Americans making up to $150,000 per year.
And certain economic nationalists have urged that there is a vital causal connection here worth recalling in an “American system” of tariffs and protectionism, and the growth of American industry. They argue that America’s Gilded Age wasn’t regressive economically; in fact, the country exploded in growth, commerce and inventions.
Economic Dynamism
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Do Dynamic Societies Leave Workers Behind Culturally?
Technological change is undoubtedly raising profound metaphysical questions, and thinking clearly about them may be more consequential than ever.
The War on Disruption
The only way we can challenge stagnation is by attacking the underlying narratives. What today’s societies need is a celebration of messiness.
Unlocking Public Value: A Proposal for AI Opportunity Zones
Governments often regulate AI’s risks without measuring its rewards—AI Opportunity Zones would flip the script by granting public institutions open access to advanced systems in exchange for transparent, real-world testing that proves their value on society’s toughest challenges.
Downtowns are dying, but we know how to save them
Even those who yearn to visit or live in a walkable, dense neighborhood are not going to flock to a place surrounded by a grim urban dystopia.
The Housing Crisis
Soaring housing costs are driving young people towards socialism—only dispersed development and expanded property ownership can preserve liberal democracy.
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Oren Cass's Bad Timing
Cass’s critique misses the most telling point about today’s economy: U.S. companies are on top because they consistently outcompete their global rivals.
Blocking AI’s Information Explosion Hurts Everyone
Preventing AI from performing its crucial role of providing information to the public will hinder the lives of those who need it.
