Some Republicans want to use revenue collected from higher duties on foreign goods to finance tax cuts. Economists say such a shift could widen the gap between the rich and the poor. United States Politics and Government, International Trade and World Market, Customs (Tariff), Income Inequality, Presidential Election of 2024, Tax Cuts and Jobs Act (2017), Republican Party, Congressional Budget Office, Trump, Donald J, Biden, Joseph R Jr Some Republicans want to use revenue collected from higher duties on foreign goods to finance tax cuts. Economists say such a shift could widen the gap between the rich and the poor. NYT > Business
Trump’s Proposed Tax Cuts and Increased Tariffs Could Hurt Poorer Households
