Steve Forbes: Trump’s Tariffs Were ‘Compatible’ Because of the Huge Tax Cuts
RUSH EXCERPT:
FORBES: "Well this is why I’m here and he’s in the White House I guess. [Laughter] But tariff is another word for tax. Economic thee can decide when you buy products and services so putting that 10% wedge in there, you know what made the other tariffs compatible was he had a big huge beautiful tax cut in 2017 wasn’t until 2018 that he started to do his tariff things. So had an offset to if I — doing the scenario I would wait to get that big fat tax bill through. So people see right at the beginning, they’re getting something positive, so by the fourth July their paycheckings are going up because withholding going down and any damage from the tariffs will be consumed by the huge big beautiful tax cut I think the timing going to be critical give something positive up front. In the meenl meantime because there’s credibility on this subject that we want some changes just as we did with the original agreement with Mexico and Canada I think go for the tax cut first and like other stuff —"




