Schumer on Trump’s new tariffs: A ‘huge tax on American families’ to ‘help billionaires get a tax cut’

The Basic Message that Dems should be repeating Again and Again -- Post the Trump Crash

— With reference to the fallout of their disastrous Tariffs roll-out ... The basic message essentially is: Donald Trump just passed a massive Tax Increase -- maybe one of the largest Tax Increases in recent American history -- onto the American people,...

State Rundown 4/3: Amidst Tariff Uncertainty, State Lawmakers Talk Taxes

While all eyes are on the Trump administration’s tariffs on foreign imports, state lawmakers are moving forward with a mix of deep, regressive tax cuts and progressive revenue raisers. For instance, Mississippi Gov. Tate Reeves has signed a top-heavy tax cut that will ultimately eliminate the state’s individual income tax. Georgia lawmakers have passed legislation that would accelerate cuts to the state’s individual income tax. And Missouri lawm…

Trump’s Tariffs Threaten to Blot Out His Tax Cuts

“Republicans are making progress toward a tax deal that can stop increases at the end of year and even deliver on some of President Donald Trump’s proposed new tax cuts,” Semafor reports. “His new tariff regime threatens to eclipse all of that.” “Trump’s party is nervously eyeing the short- and potential long-term economic and political fallout from his blanket new tariffs and escalating retaliatory tariffs against dozens of countries. Most in t…

Schumer on Trump’s new tariffs: A ‘huge tax on American families’ to ‘help billionaires get a tax cut’

Senate Minority Leader Chuck Schumer (D-N.Y.) on Wednesday slammed President Trump’s sweeping new tariffs, calling them a “huge tax” on the average American family. “This is a huge tax on American families, all — all — to help billionaires get a tax cut,” Schumer said at the Capitol on Wednesday, suggesting the tariffs announced are…

New Analysis Shows Trump’s Tariffs Could Shrink Disposable Income for Millions

President Trump’s proposed tariffs on imports could take a serious toll on low-income Americans, who are already struggling with rising prices, a new analysis from the Yale Budget Lab suggests. The study, which was cited in an Axios report, found that the financial strain of ta