The Economic Impact of Replacing Income Tax with Increased Tariffs

The Economic Impact of Replacing Income Tax with Increased Tariffs

By Brian Figeroux, Esq. The structure of a nation’s taxation system has significant implications for economic growth, trade, and income distribution. One radical fiscal policy proposal is replacing income tax with increased tariffs on imports. While this approach could simplify tax collection and potentially promote domestic industries, it also carries substantial risks, including inflation, trade […]

How Donald Trump’s Mass Deportations and Tariffs Would Impact New York City’s Economy

How Donald Trump’s Mass Deportations and Tariffs Would Impact New York City’s Economy

By Greg David, THE CITY | Editorial Credit: Leonard Zhukovsky / shutterstock.com At last week’s rally at Madison Square Garden, Donald Trump yet again pledged to “launch the largest deportation program in American history.” According to him, deporting millions of immigrants, including those who are undocumented and those who are here legally, will free up millions […]

U.S. Small Business Administration and Department of Defense Celebrate Successful First Year for the Small Business Investment Company Critical Technology Initiative

U.S. Small Business Administration and Department of Defense Celebrate Successful First Year for the Small Business Investment Company Critical Technology Initiative

U.S Small Business Administration, SBA Press Office | Editorial credit: RossHelen / shutterstock.com  More Than a Dozen Private Funds to Invest $2.8 Billion in Over 1,000 Critical Technology Startups and Small Businesses WASHINGTON– Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and Secretary Lloyd J. Austin, head of the U.S. Department Secretary of Defense (DoD) announced 13 […]

What is Tim Walz’s Record on Immigration?

What is Tim Walz’s Record on Immigration?

By American Immigration Council Staff | Photo Credit: ImmigrationImpact The American Immigration Council does not endorse or oppose candidates for elected office. We aim to provide analysis regarding the implications of the election on the U.S. immigration system. While immigration remains a top issue for the nation as a whole, for years Minnesota has taken […]