Donald Trump Has Raised Taxes on the Middle Class By $250 Billion

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Last year Donald Trump cut taxes on corporations and the rich by about $2 trillion over the next ten years. But what about us ordinary schmoes? For us he’s levied the following taxes:

  • 25 percent tariff on steel imports
  • 10 percent tariff on aluminum imports
  • 25 percent tariff on $50 billion in imports from China

By my calculation, this comes to about $250 billion over ten years, something that Republicans have grumbled about slightly but done nothing to stop. And make no mistake: this is basically a sales tax that will ultimately be paid by consumers. So there you have it: a $2 trillion cut cut for the rich and a $250 billion tax hike for the middle class—so far. Welcome to the Republican Party’s vision for America.

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It’s really that simple. But if you’d like to read a bit more, our membership lead, Brian Hiatt, has a post for you highlighting some of our newsroom's impressive, impactful work of late—including two big investigations in just one day and covering voting rights the way it needs to be done—that we hope you’ll agree is worth supporting.

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