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Trump just imposed the largest tax hike since 1942 without congressional approval

Summary by The Washington Post
Trump’s tariffs are a tax by another name, and the power to levy taxes lies with Congress.

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Trump just imposed the largest tax hike since 1942 without congressional approval

Trump’s tariffs are a tax by another name, and the power to levy taxes lies with Congress.

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committeetounleashprosperity.comcommitteetounleashprosperity.com

“Read My Lips” Redux

If you go to the Holy Bible of the Republican Party, one of the first commandments is: thou shalt not raise tax rates. It seems pretty straightforward, but Republicans have a habit of being seduced into taking a bite out of that forbidden apple. The most famous case was George HW Bush who had pledged not to raise tax rates in 1988 (“read my lips: no new taxes”), but was seduced two years later by Democrats, and he became a “one termer” as a resu…

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Blog for ArizonaBlog for Arizona

Read Trump Imposes the Largest Tax Hike in American History on American Consumers now from Blog for Arizona for Politics from a Liberal Viewpoint

According to the Trump Admin's own estimates at $6T, Trump just enacted the largest tax hike in American history - bar none - and did it without Congressional approval. The idea that slapping tariffs on the ENTIRE WORLD is justified by the national security authority granted the President by statute is absurd. This is simply…

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The Washington Post broke the news in on Thursday, April 3, 2025.
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