Tariff Man At Work: Taxing The Rust Belt To Buy Votes In The Farm Country

U.S. tariff coffers are overflowing with record amounts of duties collected on imports. However, the money isn’t “coming into” the country. It’s already here. It’s just being transferred from U.S. businesses—mostly manufacturers—to the U.S. government. The implication that the “money coming into the USA” is some windfall courtesy of foreign producers and governments is utterly false. Trump is playing a shell game here, hoping the public will lose sight of the ball. He’s eager to conceal that he is stealing from the manufacturing sector to buy farm state votes.

 

 

 

 

https://www.cato.org/publications/commentary/trump-robbing-rust-belt-buy-farm-state-votes?utm_source=FFF+Daily&utm_campaign=28efc17e50-FFF+Daily+2-29-20&utm_medium=email&utm_term=0_1139d80dff-28efc17e50-318071833