Erica York from the Tax Foundation . . . Compared to what? The last week brought several retrospective analyses of President Trump’s first year of reciprocal tariffs, ranging from victory laps to selective trendline comparison to careful examination of what’s been learned. It will take much longer to empirically estimate how the rapidly changing tariff environment is impacting an economy that is also subject to other […]
Angry Bear is fortunate to have an association with a writer at the Tax Foundation. While it may not be similar content, it does offer a different view. Guest Commentary by Erica York. ~~~~~~~ Customs and Border Protection (CBP) continues preparing to refund more than $166 billion in unlawfully collected tariffs plus interest; it’s a process that will rightly return funds to […]
Erica York (VP Tax Foundation) discusses how the Trump tariffs will cut into the income tax relief for all tax brackets due. Read on . . . We’ve spent a lot of time in this newsletter tracking the surge in tariff revenue over the past year. Now it’s tax filing season, and those two stories are colliding. Recent […]
One story that drew attention last week was the sharp divergence between US aluminum prices and prices elsewhere in the world. The US premium passed $1 per pound for the first time ever, reflecting the higher costs US aluminum users now face relative to their foreign counterparts. Some commentators characterized the development as a sign that tariffs are working, pointing to announcements that the US may see its first new aluminum smelting plant since 1980. In fact, what is playing […]
In case you have not noticed Vice President of Federal Tax Policy, Tax Foundation; Ms. Erica York has been appearing on Angry Bear. Ms. York has been offering up commentaries on Angry Bear. Her closing comment to each post has been: “As always, I’m here if you’d like to chat further!” Well, so far no […]
by Linda Beale Tax Foundation–up to its usual nonsense The Tax Foundation claims to be a nonpartisan institute interested merely in researching and informing people about taxes. That’s far from the truth, however. Its work is aimed at one purpose–convincing Americans that they pay too much in taxes and that government is too big. One […]