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U.S. Tariffs: A Covert Tax Increase Masking Consumption Tax Reform
The U.S. is imposing substantial tariffs on imported goods, effectively creating a new consumption tax that will increase prices for consumers, reduce economic growth, and shift tax burdens to fund tax cuts for the wealthy, a policy disguised as a trade measure.
U.S. Tariffs: A Covert Tax Increase Masking Consumption Tax Reform
The U.S. is imposing substantial tariffs on imported goods, effectively creating a new consumption tax that will increase prices for consumers, reduce economic growth, and shift tax burdens to fund tax cuts for the wealthy, a policy disguised as a trade measure.
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