>The administration has absolutely no idea what they're doing.
In general, I agree with your sentiment, but there are competent people in the administration. However, all of them are paralyzed because Trump can alter any plan or policy at a whim, and he insists being involved in everything. And you can see that in the interviews Bessent or even Lutnick give - where they hedge everything because they know it could change any minute. For example, there was no plan to set 145% tariffs on Chinese imports, Trump just did it out of nowhere on TruthSocial.
That's also true of foreign policy in general. Rubio and State Department have zero power at the moment. Neither the Russia-Ukraine peace plan, nor Iranian nuclear arms control, nor Gaza-Israel negotiations are going through the State Department.
>All of this is happening so the wealthiest 1000 people, who already pay almost no taxes, can pay slightly less in taxes.
I disagree with that. This all happening because Trump is incompetent but also arrogant and highly opinionated. I don't think there is a nefarious plan here. Trump probably really does think that you can replace income tax with tariff revenue.