Trump’s Proposed Tax Cuts and Increased Tariffs Could Hurt Poorer Households

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.

Jul 17, 2024 - 18:00
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Trump’s Proposed Tax Cuts and Increased Tariffs Could Hurt Poorer Households
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.

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