Despite the potential for tariffs to replace income taxes, the financial damage to the U.S. economy is enormous. The negative effects could overshadow any short-term revenue increases.
Tag: Tariffs
Tariffs talk
Tariffs under Mr. Trump have brought about a surge in revenue, with analysts projecting gains in the $150–250+ billion range. While these figures are impressive, they are often inflated, with exaggerated claims of trillions being collected and use of the proceeds suggested for multiple purposes.
No income tax in favor of tariffs? “At some point in the future.” So says our president.
If tariffs reach that point, you wouldn’t be able to afford to buy much and the average American would suffer the most. Look at some
How to use $1,776 more than once
Trump said.. “Because of tariffs,” the US president said, along with his massive tax-and-spending bill, “we are sending every soldier $1,776 – and the checks are
QUINNSCOMMENTARY 