Marc Goldwein: New tariff increases raise about $950 billion

Marc Goldwein: New tariff increases raise about $950 billion
Tariff increases raise about $950 billion

Marc Goldwein reports that new tariffs have resulted in an increase of about $950 billion. According to Goldwein, this amount represents roughly half the money lost due to a recent Supreme Court ruling.

Goldwein has previously examined revenue options for the government, including an Employer Compensation Tax that could generate revenue comparable to eliminating the tax max. He has also highlighted concerns from a broad group of commentators about rising U.S. national debt. These issues continue to inform debate on fiscal policy.

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