Building a factory is a 3-5 year task, with a decade-long payback time. And at any point, tariffs can be removed, making all that investment futile.
And even then, there's no guarantee that the factory is going to help people. If it's a lights-out facility staffed with robots, then it'll just be producing more expensive goods, with all the profits staying in its owners' pockets.
> Over time the US re-industrializes.
Or just becomes another Argentina.
Right, because the US doesn't have diamonds, vanilla, coffee beans or the many other things it needs? How do you avoid tariffs like this?
The US still needs fish from the penguins. What's the plan? To tell penguins to stop fishing and come to the US and work in factories?
> The end goal would be 0% corporate and income taxes, funded with high tariffs.
Well you have that right. When there's 0% of the people working no 1 will be paying corporate and income tax. It'll just crash.
> Over time the US re-industrializes.
Like it's gone? You do know the US is the 2nd largest global manufacturer right? That is even today. So do we need to blow that up 1st in order to re-industrialize?
No part of your plan will happen.
The end goal would be 0% corporate and income taxes, funded with high tariffs. Over time the US re-industrializes.