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1 of 5/
Trump’s Tweets that his Tariffs provide an important source of overall US tax revenue collections is just one more debate that Americans don’t need to be having.
My latest, with @D_A_Irwin
washingtonpost.com/politics/2019/…
Trump’s Tweets that his Tariffs provide an important source of overall US tax revenue collections is just one more debate that Americans don’t need to be having.
My latest, with @D_A_Irwin
washingtonpost.com/politics/2019/…
2 of 5/
Here’s an example of such a Tweet...
Here’s an example of such a Tweet...
3 of 5/
History:
The last time the United States used TARIFFS as a major source of federal tax revenue collections was in...
...1914.
History:
The last time the United States used TARIFFS as a major source of federal tax revenue collections was in...
...1914.
4 of 5/
In 1914...
...one out of 140 American women died from a pregnancy- related death.
(Today, that is fewer than one in 7,000)
...an American could expect to
die by age 56.
(Today, the average American can expect to be kicking until nearly 80)
1914 wasn’t that great
In 1914...
...one out of 140 American women died from a pregnancy- related death.
(Today, that is fewer than one in 7,000)
...an American could expect to
die by age 56.
(Today, the average American can expect to be kicking until nearly 80)
1914 wasn’t that great
5 of 5/
Today, it is mainly POOR countries like Bangladesh, Jamaica, Cote d’Ivoire and Botswana that are forced to rely on TARIFFS to fund their government revenue collections.
Even China only raises 2.3% of its revenue from trade taxes.
END/
Today, it is mainly POOR countries like Bangladesh, Jamaica, Cote d’Ivoire and Botswana that are forced to rely on TARIFFS to fund their government revenue collections.
Even China only raises 2.3% of its revenue from trade taxes.
END/
