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Marketplace All-in-One

The problem with Trump’s idea to replace income taxes with tariffs

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 15 June 2024

⏱️ 25 minutes

🧾️ Download transcript

Summary

A new pitch from former President Donald Trump calls for replacing income tax with tariffs. We’ll get into why the math doesn’t add up. Plus, chemical hair relaxers are making Black women sick, so why are they still being sold? And, we’ll weigh in on Apple entering the AI race, Hollywood studios buying movie theaters, and using speakerphone in public during a round of Half Full/Half Empty!

Here’s everything we talked about today:

We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Transcript

Click on a timestamp to play from that location

0:00.0

Start, don't start, do whatever you want.

0:03.0

Whatever.

0:04.0

Make yourself happy, Charlton.

0:05.0

Live your life.

0:07.0

Your best life.

0:08.0

Once again.

0:10.0

Sorry. Sorry, I'm just frustrated having to want you to do bad.

0:17.0

It's ridiculous.

0:20.0

Hey everybody, I'm Conros Dawn,

0:21.0

welcome back to Make me smart, where we we make today makes sense. It is Friday,

0:24.0

today 14th of June. Happy Flag Day, everybody.

0:27.0

Yes, and I'm Kimberly Adams. Welcome everyone and thank you for joining us on the

0:30.5

podcast. If you're listening later on or on the YouTube live stream if you are

0:34.2

watching now it is Friday and that means it's time for our weekly happy hour economics on tap. We are going to do what we always do.

0:45.0

News, we'll take a break and then play a game.

0:48.0

Before we do, though, we want to see what everybody's drinking.

0:50.0

What Ms Adams are you drinking today in the New York Bureau.

0:53.0

Courtesy of our wonderful producer Courtney Bergseeker,

0:57.0

I am drinking red wine that is Italian, that is

1:02.0

biodynamic natural line and you can look at it on the because I'm showing the label simply because I don't think I'm going to be able to say this.

1:11.0

Monte Poldiano, what is how you suggest?

1:14.4

That was perfect.

...

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