Category Archives: Taxes

Trump’s Appellate Court Tariff Loss: It Isn’t Over Until the Fat Lady Sings

Trump is likely to win his retaliatory tariff battle at the Supreme Court and even if not, he’s too fond of this bludgeon to give it up.

Trumpian Tariffs Rerun the Failed Strategy of Import Substitution Industrialization

Trump’s use of broad-based tariffs to promote industrialization have repeatedly failed. There’s no reason to expect different results now.

Beyond Carbon: The Overlooked Health Benefits of Fuel Taxation

Eco-taxes to reduce fuel emissions not only lower CO2 levels, but also reduce pollution, helping poor neighborhoods the most.

That $20 Dress Direct from China Now Costs $30 After Trump Closed a Tariff Loophole – and the US Will Soon End the ‘De Minimis’ Exemption for the Rest of the World, too

How the Trump tariff attack on low-value shipments from Hong Kong and China (and soon elsewhere) is yet another tax on the poor.

Del Monte Foods Goes Into Bankruptcy: A Trump Tariff Casualty

Struggling Del Monte Foods keeled over due to its exposure to steel and aluminum cost increases from ‘Trump’s tariffs.

Take Advantage of These Tax Credits Before Congress Kills Them

An alert: some energy efficiency tax credits are about to be terminated. See if you want to avail yourself of them while you can.

Trump’s ‘One Big Beautiful Bill’ Continues Assault on Obamacare

Rather than end Obamacare, which would be politically costly, the Trump Administration is working to hollow it out.

“The US Trade Deal Is a Bad Deal, and It Has the Potential to Get Worse”

The first US trade “deal”, with the UK, looks as ugly as one might have expected.

Currency Wars, Class Warfare, and the Republican Dilemma Over Medicaid

Faced with a shrinking list of options to trim the budget, Republicans are now eyeing Medicaid – but will that fly among Trump supporters?

Extractive Taxation and the French Revolution

What ought to be a cause for tariffs pause: unrepresentative and often high taxes were a major spur to the French Revolution.

Michael Hudson: Return of the Robber Barons – Trump’s Inverted View of America’s Tariff History

Trump’s slash and burn tariff policy is to shrink government, gut regulation and sell off public assets to pay for his tax cuts on super rich

Trump Tariff Climbdown: Consumer Impact Worse Due to China Retaliation; Who Wins Aside from Trump’s Ego

Some further observations about the Trump tariff train wreck.

Trump Tariffs Run Over Already-Desperate Car Industry; Higher Prices, Job Cuts, and Supplier Closures Baked In

The tariff situation has developed not necessarily to the advantage of the car industry.