LETTER: Americans should know about the Trump ‘tariff tax’

LETTER: Americans should know about the Trump ‘tariff tax’

Include it as a line-item on receipts.

Trump tariffs could help clear the way for bigger tax cuts as Congress eyes a potential revenue windfall — and a shrinking economy

Economists at Citi Research said in a note on Thursday that the aggressive tariffs "may now become a justification for larger tax cuts."

The researcher at the Research Center for International Economics at Universitat Pompeu Fabra in Barcelona believes that "it is highly unlikely that Trump or his advisers truly believe that tariffs will end up being paid by foreigners."Trump condemns the global economy to more inflation, less growth and much uncertainty Economist Giacomo Ponzetto (Turin, 1979) has been analyzing how political decisions influence international trade.He does so at…

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…

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.

“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…