Relevant and even prescient commentary on news, politics and the economy.

Trump just raised taxes

As everyone should know, tariffs are just consumption taxes. Other countries don’t pay them. Importers don’t pay them. The extra cost is just added to the retail price. “As of 12:01 am ET on Saturday, most auto part imports will come with a 25% import tax. “The previous auto tariffs left US-made cars untouched. Not […]