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IrishBubbaLiberal

(2,561 posts) Tue Apr 1, 2025, 04:51 PM Apr 2025

Trump is raising taxes like no President has ever before: $600B a year tax [View all]

Trump is raising taxes like no President has ever before.
— George Takei (@georgetakei.bsky.social) 2025-03-31T19:30:08.668Z

George Takei

Trump is raising taxes like no President has ever before.

———

Jeff Stein
@JStein_WaPo

White House aide Peter Navarro today:
Trump’s tariffs will raise over $600 billion per
year, or $6 trillion over a 10 year period.

Seems to reflect our reporting that Trump
wants to go absolutely enormous on the
tariffs, regardless of short-term economic
consequences.

Hard to overstate how big $600 billion per
year is. Would this be the biggest tax hike in
US history?

7 replies

= new reply since forum marked as read

Highlight:

Trump is raising taxes like no President has ever before: $600B a year tax [View all] IrishBubbaLiberal Apr 2025 OP

Tariffs enid602 Apr 2025 #1

Well a lot of what is subject to tariffs VMA131Marine Apr 2025 #2

The cost of tariffs is not a tax increase. SharonClark Apr 2025 #3

If it walks like a duck, talks like a duck ... Dave says Apr 2025 #4

George is correct... Tariffs are indeed a de facto tax IrishBubbaLiberal Apr 2025 #5

In the first term, Fox had an elderly friend convinced that China was paying all the tariffs on its products. Norrrm Apr 2025 #6

He is taxing us consumers in order to give billionaires a $4.5 trillion taxcut. It doesn't hurt doc03 Apr 2025 #7