Will Scharf, a White House official, claimed the new car tariffs would result in more than $100bn in annual revenue to the US
I dont understand how this is supposed to generate ‘revenue for the US’. The money will come from their own citizens, so its basically a tax increase. Are taxes considered ‘revenue for the country’? Its not like the money comes frot outside the US.
I dont understand how this is supposed to generate ‘revenue for the US’. The money will come from their own citizens, so its basically a tax increase. Are taxes considered ‘revenue for the country’? Its not like the money comes frot outside the US.
Technically yes, this is tax revenue for the government. Which is weird, I thought Republicans wanted to lower taxes…