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... and the largest peacetime tax increase ever.
Today Peter Navarro said the tariffs will raise 600B per year. That’s 2.2% of GDP.
If this comes out as essentially a sales tax, it'll come out in the inflation numbers.
It would equal $4,580 per household.
Some people might just feel that.
Next summer I was supposed to get my mid-life crisis car… There goes that…
If they reduce the debt, and balance the budget, it is worth it.
