Here’s our advice for the White House to restore investor confidence and push stock values back up:

• • • Announce that every penny raised from tariff will be offset with pro-growth income/payroll tax cuts.
    • Tariff revenues should be a major “pay for” in extending and expanding the tax cuts. If we were to raise, say $500 billion from tariffs, that would pay for indexing cap gains tax, the 15% made in America business tax, and a reduction in the payroll tax.
    • 15% Flat Tax on Everything. Steve Forbes and Steve Moore advised in the WSJ last month that Trump should announce a bold new “15% Plan.” 15% tariff. 15% personal income tax, 15 corp tax, 15% cap gains, dividends, death tax, etc.

All very pro-growth.