President Trump’s new tariffs are causing big problems for American workers and shoppers. But many politicians and reporters are missing the real issue behind these taxes. Steve Forbes sounds the alarm that tariffs create what experts call a “tax wedge.” This hidden cost hurts everyone.
A tax wedge is like a gap that drives up prices. When the government adds taxes, shoppers pay more money for goods. At the same time, the people making those goods get less money. The government takes the difference. This wedge makes everything cost too much.
Tariffs are just another kind of tax wedge. They force American families to pay more for everyday things like clothes and cars. The money gets sucked up by politicians instead of helping our economy. This hurts family budgets and makes it harder to save.
This tax wedge doesn’t just hurt shoppers. It slams American businesses too. Factories and farms get less money when they sell their goods. That means they can’t hire more workers or give raises. Many small companies might even shut down because of these taxes.
Liberals love big taxes and tariffs because they think government knows best. But history shows high taxes crush jobs and make poor people suffer most. When government grabs too much money, it kills the dream of getting ahead through hard work.
Real patriots understand that freedom works better than taxes. America became strong because people kept what they earned. Now our workers get squeezed twice—once by income taxes, again by tariffs. That’s not fair to people who play by the rules.
We need tax cuts, not more taxes! Slashing burdens lets families breathe easier and businesses grow. Every dollar taken by tariffs is a dollar stolen from your pocket. That money should stay with you to spend or save as you choose.
The answer is clear. Throw off these tax chains! Let’s demand Washington stop bleeding us dry with tariffs and taxes. When workers keep their pay and stores sell without government wedges, America wins. Freedom always beats big government.