Home Logon FTA Investment Managers Blog Subscribe About Us Contact Us

Search by Ticker, Keyword or CUSIP       
 
 

Blog Home
   Brian Wesbury
Chief Economist
 
Bio
X •  LinkedIn
   Bob Stein
Deputy Chief Economist
Bio
X •  LinkedIn
 
  Three on Thursday - Can Tariffs Replace the Income Tax?
Supporting Image for Blog Post

 

Donald Trump is back in the Oval Office, and tariffs have once again taken center stage in U.S. economic policy. As these policies take shape, the question remains: Will tariffs be the economic powerhouse Trump envisions, or will they introduce new uncertainties into an already fragile global market? In this “Three on Thursday,” we explore the historical role of tariffs as a revenue source and assess whether they could ever replace the U.S. income tax. 

Click here to view the report
Posted on Thursday, February 27, 2025 @ 1:20 PM • Post Link Print this post Printer Friendly

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
Search Posts
 PREVIOUS POSTS
• Real GDP Growth in Q4 Was Unrevised at a 2.3% Annual Rate
• New Orders for Durable Goods Rose 3.1% in January
• New Single-Family Home Sales Declined 10.5% in January
• Inflation and DOGE
• Existing Home Sales Declined 4.9% in January
• Three on Thursday - Time: Our Most Precious Asset
• Housing Starts Declined 9.8% in January
• The Constitution at Work
• Industrial Production Increased 0.5% in January
• Retail Sales Declined 0.9% in January
Archive
Skip Navigation Links.
Expand 20252025
Expand 20242024
Expand 20232023
Expand 20222022
Expand 20212021
Expand 20202020
Expand 20192019
Expand 20182018
Expand 20172017
Expand 20162016
Expand 20152015
Expand 20142014
Expand 20132013
Expand 20122012
Expand 20112011
Expand 20102010

Search by Topic
Skip Navigation Links.

 
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
Follow First Trust:  
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2025 All rights reserved.