Setting aside the sheer logistical impossibility of financing the federal government through tariffs alone, it is unclear what exactly would be achieved.
I decide to start a business. I borrow a million dollars from the bank at 2% interest.
I now have a million dollars cash, and a million dollars of debt. Logically, rather than investing my million dollars of cash in building and growing a business, I should use it to pay off my debt. That’s clearly the the best use for that money.
Do you see how what you’re saying doesn’t make any sense?
I decide to start a business. I borrow a million dollars from the bank at 2% interest.
I now have a million dollars cash, and a million dollars of debt. Logically, rather than investing my million dollars of cash in building and growing a business, I should use it to pay off my debt. That’s clearly the the best use for that money.
Do you see how what you’re saying doesn’t make any sense?