Trump's Tariffs Can't Pay For His Many Promises

Contributing sentiments towards policy:

59% : Trump could create a comparable US investment fund with about one-third of his tariff revenue.
54% : Of course, Trump could try to raise more money with even higher tariff rates.
51% : Trump has provided no details on his idea to create a US government investment fund, but has promised it would be the biggest in the world.
44% : Trump has promised many other tax cuts, including exemptions for tip income, overtime pay, and Social Security benefits, repealing the cap on the state and local tax (SALT) deduction, and reducing the corporate tax rate to 20 percent for some companies and 15 percent for others.
42% : Trump has not specified what child-related programs he supports.
39% : At various times in the 2024 presidential campaign, Trump has said his tariff revenues would replace the income tax, finance an unspecified child care initiative, create a US sovereign wealth fund, eliminate the federal budget deficit, and even begin to pay down the $28 trillion public debt.
37% : How would Trump spend the added revenue?Could tariffs replace the income tax?
28% : While Trump has not publicly commented on the plan, it is at least a hint of what his administration could do.
26% : And Trump would inevitably be caught in the same fiscal trap that so many other policymakers have faced: Once you use revenues to pay for new programs or tax cuts, those funds are no longer available to reduce deficits.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.