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Another Take on Tariffs

3 points| dosmithds2060 | 11 months ago |unherd.com

2 comments

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jqpabc123|11 months ago

Here is another take on Trump's tariffs --- they amount to the largest tax increase in US history --- magically shifting a huge chunk of the tax burden from the wealthy onto the backs of MAGA supporters.

Not just my opinion but that of Peter Navarro, Trump's jailbird economic adviser.

https://www.yahoo.com/news/peter-navarro-says-tariffs-6-1850...

alabastervlog|11 months ago

They're likely to be like a flat sales tax except, incredibly, even more regressive.

So that's fun.