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Letter: Tariffs equal tax cuts

Summary by Tucson
Yes, tariffs will reduce taxes! The tariffs are taxes that, theoretically, will go to reducing the deficit. The director of the OMB will then project the deficit over a decade and take this massive tax revenue boost into future budget…

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Letter: Tariffs equal tax cuts

Yes, tariffs will reduce taxes! The tariffs are taxes that, theoretically, will go to reducing the deficit. The director of the OMB will then project the deficit over a decade and take this massive tax revenue boost into future budget…

·Tucson, United States
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BizTocBizToc

Republicans Like to Cut Taxes. With Tariffs, Trump Is Raising Them

President Trump has argued that tariffs are not taxes on U.S. consumers, but rather on foreign companies that will have to lower their prices to maintain access to the U.S. market.

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riponsociety.orgriponsociety.org

“We owe it to the American people not to raise taxes.”

Tillis Talks Trade, Taxes, and the Agenda Moving Forward this Year WASHINGTON, DC – U.S. Sen. Thom Tillis (R-NC) appeared before a luncheon meeting of The Ripon Society yesterday afternoon, delivering remarks about trade, taxes, and the agenda moving forward this year.  “I have no problem with any sort of reciprocal tariffs where there’s a documented gap between our country and countries where there clearly is a deficit and inequity,” Tillis sta…

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riponsociety.org broke the news in on Friday, April 4, 2025.
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