4 ms·
Tariffs are a form of taxation. If I want to import say tea, and the government is placing a tariff on that imported tea, I am effectively taxed by the governme
by warkdarrior 2y ago
Tariffs are a form of taxation. If I want to import say tea, and the government is placing a tariff on that imported tea, I am effectively taxed by the government. And only Congress can impose new taxes.
- nwienert 2y agoThe Trade Act of 1974 gives the president power to impose retaliatory tariffs.
- AnimalMuppet 2y agoNot saying you're wrong, but... I have seen claims that tariffs are a source of government income that Congress doesn't control. You're claiming they do. I haven't seen a citation from either side. Can you substantiate your position?