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At congressional ego stroke fest, Trump floated idea of ending progressive income tax, a plank in Project 2025, and replacing with tariffs on every imported product. Economist Paul Krugman estimates this will cost typical household an additional $5000 a year in taxes as price of everything from avocados to cell phones skyrocket. The top 0.5%, who spend comparatively little of their income, will save $1 million in taxes.
Not surprised.