The goal seems to be replacing of federal income tax with import tariffs (like it was in the 1800s). The flat rate they set could collect as much as the income tax if import levels stay the same. Also, some of the stats shared by the administration early on on collections per day would multiply up to the total income tax collected. Writing them off would be counterproductive.
The only downside with consumption taxes is that they are regressive. People in the lowest income levels will end up paying more percentage richer people because there is so much that rich people can consume from overseas vs poorer people.
The goal seems to be replacing of federal income tax with import tariffs (like it was in the 1800s). The flat rate they set could collect as much as the income tax if import levels stay the same. Also, some of the stats shared by the administration early on on collections per day would multiply up to the total income tax collected. Writing them off would be counterproductive.
The only downside with consumption taxes is that they are regressive. People in the lowest income levels will end up paying more percentage richer people because there is so much that rich people can consume from overseas vs poorer people.