America’s democratic system depends on the public’s understanding that law is bigger than politics, David Frum argues. But now, Trump is sending a clear message that he is willing to go after his enemies and undermine that system.| The Atlantic
Our Center for Federal Tax Policy promotes policies that lead to greater U.S. competitiveness, economic growth, and improved quality of life.| Tax Foundation
Cox Automotive projects that July’s U.S. new vehicle sales will hold steady at a SAAR of 15.6 million, marking an increase from June.| CBT News
Donald Trump put in some large tariffs on China, and China is now taking action with counter tariffs which could impact the US economy.| Due
Questo è il secondo numero di Conti in tasca| Pagella Politica
The tariffs on China, Canada, and Mexico could raise the prices of everything from cars and gas to homes and food| TIME
Exempting overtime would unnecessarily complicate the tax code, increase compliance and administrative costs, and reduce neutrality by favoring certain work arrangements over others.| Tax Foundation
Estimating the economic effects of different types of taxes informs policymakers about the trade-offs of raising revenue in a given way.| Tax Foundation
Tariffs have been at the top of every newsfeed for weeks. This fun and engaging look at trade policy will tell you what you need to know.| Wallet by BudgetBakers - Your New Personal Finance Manager
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Genuine trade reciprocity would entail the United States lowering our current tariff rates and remove non-tariff barriers.| Catalyst
President Trump has called for permanent extension of the 2017 tax cuts, additional policies including no taxes on tips, overtime pay, and Social Security benefits for retirees, and has also promised higher taxes on US imports through a series of new tariffs.| Tax Foundation
Contrary to President Trump’s claims, Americans will bear the costs of the next trade war in the form of lower incomes as tariffs cause prices of imported goods to rise.| Tax Foundation
The tariffs amount to an average tax increase of nearly $1,200 per US household in 2025.| Tax Foundation
Historical evidence and recent studies show that tariffs are taxes that raise prices and reduce available quantities of goods and services for US businesses and consumers, which results in lower income, reduced employment, and lower economic output.| Tax Foundation
The Trump administration has imposed $42 billion worth of new taxes on Americans by levying tariffs on thousands of products. Tariffs are taxes.| Tax Foundation
The Trump administration appears to be moving in a “reciprocal” policy direction despite the significant negative economic consequences for American consumers of across-the-board tariffs on goods coming into the US. However, the EU’s VAT system should not be used as a justification for retaliatory tariffs.| Tax Foundation
President-elect Trump may want to impose tariffs to encourage investment and work, but his strategy will backfire. Tariffs will certainly create benefits for protected industries, but those benefits come at the expense of consumers and other industries throughout the economy.| Tax Foundation
Lawmakers will need to pursue fiscal responsibility as they address the tax law expirations, but fiscal responsibility requires finding sound ways to pay for spending priorities. Tariffs don’t make the cut.| Tax Foundation