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Reply to "Trump 47 Economy"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]CBO announced that tariffs are likely to reduce debt by 4 trillion over a decade.[/quote] Yeah. When you raise taxes you get more revenues. That’s $4 trillion more Americans get to pay. They also said they will reduce the size of the economy and increase inflation. https://www.cbo.gov/publication/61697 [/quote] "We estimate that the changes in tariffs, both by the United States and its trading partners, will reduce the size of the U.S. economy. " "The increases in tariffs will make consumer goods and capital goods (the physical assets that businesses use to produce goods and services) more expensive, which will reduce the purchasing power of U.S. consumers and businesses."[/quote]
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