Republicans have gone from being corporatists to entertaining every harebrained populist economic scheme that panders to the “working class.” The greatest fear of the modern Republican is being called an “elitist.”

However, the first thing to remember about former President Donald Trump’s proposal to replace the federal income tax with tariffs is that it’s never going to happen. The chances of Congress overturning the tax code are nil.

The second thing to remember is the idea is completely bonkers, and we shouldn’t encourage madness.