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One of the recent changes to the U.S. Debt Clock is this section with "Future Tariff Tax Revenue." About a month ago, our tariff tax revenue was at $75 Billion and decreasing. Now, we're looking at a future tariff tax revenue of $656 Billion and INCREASING!

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134,524 просмотров • 1 год назад •via X (Twitter)

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Tariff revenue is generated when a government imposes a tax on imported goods and services. Here’s how the process works with a Step-by-Step Breakdown: 1.Tariffs Are Imposed The government sets a tariff rate (e.g., 10%) on specific imported products—like steel, electronics, or textiles. 2.Goods Are Imported When foreign goods enter the country, customs authorities assess the value of those goods. 3.Tariff Is Collected at the Border Importers (usually companies) must pay the tariff before the goods can be released into the domestic market. Example: If a company imports $1 million worth of goods with a 10% tariff, they pay $100,000 in tariff duties. 4.Revenue Goes to the Treasury The money collected is transferred to the government’s general revenue (usually managed by the Department of the Treasury in the U.S.). Key Characteristics of Tariff Revenue ⚠️ Paid by Importers, not directly by foreign governments or exporters ⚠️ ⛔️ Can Raise Prices on imported goods, often passed on to consumers ⛔️
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Tariff revenue is generated when a government imposes a tax on imported goods and services. Here’s how the process works with a Step-by-Step Breakdown: 1.Tariffs Are Imposed The government sets a tariff rate (e.g., 10%) on specific imported products—like steel, electronics, or textiles. 2.Goods Are Imported When foreign goods enter the country, customs authorities assess the value of those goods. 3.Tariff Is Collected at the Border Importers (usually companies) must pay the tariff before the goods can be released into the domestic market. Example: If a company imports $1 million worth of goods with a 10% tariff, they pay $100,000 in tariff duties. 4.Revenue Goes to the Treasury The money collected is transferred to the government’s general revenue (usually managed by the Department of the Treasury in the U.S.). Key Characteristics of Tariff Revenue ⚠️ Paid by Importers, not directly by foreign governments or exporters ⚠️ ⛔️ Can Raise Prices on imported goods, often passed on to consumers ⛔️

Ryan Shead

12,821 просмотров • 1 год назад

Trump thinks that tariffs can replace income tax. Let’s do the math: 🔹US individual income tax: $2 trillion 🔹US imports of goods: $3 trillion So, he needs a 70% tariff on ALL goods. 1. It means massive inflation! 2. Imports would plunge, meaning tariff revenue would also go down a lot. Stable genius should really forget about tinkering with trade.
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Trump thinks that tariffs can replace income tax. Let’s do the math: 🔹US individual income tax: $2 trillion 🔹US imports of goods: $3 trillion So, he needs a 70% tariff on ALL goods. 1. It means massive inflation! 2. Imports would plunge, meaning tariff revenue would also go down a lot. Stable genius should really forget about tinkering with trade.

S.L. Kanthan

12,583 просмотров • 1 год назад

BREAKING: Trump announces that his tax on Americans for importing goods are delivering RECORD revenue, projected to hit $300 BILLION this year, and that although the purpose of this tax is to pay down debt that the Big Beautiful Bill raises by $3.4T, he may use the tax on Americans to pay a dividend to Americans… because, you know.. he’s BIGLY smart.
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BREAKING: Trump announces that his tax on Americans for importing goods are delivering RECORD revenue, projected to hit $300 BILLION this year, and that although the purpose of this tax is to pay down debt that the Big Beautiful Bill raises by $3.4T, he may use the tax on Americans to pay a dividend to Americans… because, you know.. he’s BIGLY smart.

Brian Krassenstein

694,744 просмотров • 1 год назад

“It looks like the ‘Tariffs don’t work’ crowd owes President Trump a big apology. Tariff revenue just smashed records. $15.9 Billion collected so far this month alone.” BOOM!!! 🔥👇🏼
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“It looks like the ‘Tariffs don’t work’ crowd owes President Trump a big apology. Tariff revenue just smashed records. $15.9 Billion collected so far this month alone.” BOOM!!! 🔥👇🏼

TONY™

1,538,250 просмотров • 1 год назад

Sri Lanka hit with a 44% U.S. import tariff under Trump’s tax policy. Sri Lanka 🇱🇰 faces the 6th highest tariff rate globally. The United States is the largest export destination for Sri Lanka, with 25% of total exports going there.
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Sri Lanka hit with a 44% U.S. import tariff under Trump’s tax policy. Sri Lanka 🇱🇰 faces the 6th highest tariff rate globally. The United States is the largest export destination for Sri Lanka, with 25% of total exports going there.

Sri Lanka Tweet 🇱🇰

93,191 просмотров • 1 год назад

Trump Drops Major Tariff Warning on Europe — (Video: AI) President Trump posted: “any Country that imposes such a Tax will immediately be met with a 100% TARIFF on any and all Goods sent to the United States of America. This TARIFF will supersede Trade Deals… the 100% TARIFF will be immediately imposed.” He’s pushing back hard against European countries planning a Digital Services Tax targeting American companies. Will Europe back down, or are we headed for a major trade showdown? (Video: AI)
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Trump Drops Major Tariff Warning on Europe — (Video: AI) President Trump posted: “any Country that imposes such a Tax will immediately be met with a 100% TARIFF on any and all Goods sent to the United States of America. This TARIFF will supersede Trade Deals… the 100% TARIFF will be immediately imposed.” He’s pushing back hard against European countries planning a Digital Services Tax targeting American companies. Will Europe back down, or are we headed for a major trade showdown? (Video: AI)

Paul A. Szypula 🇺🇸

11,250 просмотров • 1 месяц назад

THE GOLDEN AGE IS NEAR‼️ Trump created the External Revenue Service in order to eliminate the Internal Revenue Service. It was never going to happen overnight, but it’s coming. “I believe at some point in the not so distant future, you won’t even have income tax to pay.”
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THE GOLDEN AGE IS NEAR‼️ Trump created the External Revenue Service in order to eliminate the Internal Revenue Service. It was never going to happen overnight, but it’s coming. “I believe at some point in the not so distant future, you won’t even have income tax to pay.”

RealAF Patriot

26,508 просмотров • 8 месяцев назад

15 months ago, Micron, $MU, was worth just $60 billion producing $8.1 billion in quarterly revenue. Today, it's worth $1.3 trillion and producing $41.5 billion in quarterly revenue. Rarely ever does the world experience a revolution like we are seeing right now now.
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15 months ago, Micron, $MU, was worth just $60 billion producing $8.1 billion in quarterly revenue. Today, it's worth $1.3 trillion and producing $41.5 billion in quarterly revenue. Rarely ever does the world experience a revolution like we are seeing right now now.

The Kobeissi Letter

1,184,010 просмотров • 1 месяц назад

The voters did their part in November—they voted Trump. Trump has done his part—closed border, mass deportations, $150 billion in tariff revenue. The only one who hasn't done their part is Jerome Powell. He's obstinate, recalcitrant, and suffers from a very severe case of TDS.
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The voters did their part in November—they voted Trump. Trump has done his part—closed border, mass deportations, $150 billion in tariff revenue. The only one who hasn't done their part is Jerome Powell. He's obstinate, recalcitrant, and suffers from a very severe case of TDS.

James Fishback

26,118 просмотров • 1 год назад

“Instead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries to enrich our citizens.” - Donald Trump promising to increase the price of all goods.
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“Instead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries to enrich our citizens.” - Donald Trump promising to increase the price of all goods.

Anonymous

136,148 просмотров • 1 год назад

Collins: “A tariff is a tax and it is passed on to consumers.” Senator Mullin: “Of course it is. Everybody knows it is.... That is something the president, as a business person, understands completely. No one understands the economy than this president.”
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Collins: “A tariff is a tax and it is passed on to consumers.” Senator Mullin: “Of course it is. Everybody knows it is.... That is something the president, as a business person, understands completely. No one understands the economy than this president.”

unusual_whales

936,402 просмотров • 1 год назад

Mamdani’s “Tax the Rich” Agenda Accelerates NYC Millionaire Exodus 💸 NY’s share of U.S. millionaires dropped sharply — from 12.7% to 8.7% between 2010-2022 — triggering a nearly $11 billion loss in tax revenue in just one year, per the Citizen Budget Commission. This AI video perfectly illustrates how Mamdani will essentially keep taxing millionaires into leaving NYC because he doesn’t care. Even with high earners already footing ~45% of state income taxes and a clear trend of flight to Florida and Texas, more “tax the rich” pushes like the pied-à-terre tax risk making it worse. Will this fix NYC’s budget woes or just speed up the collapse? 🤔
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Mamdani’s “Tax the Rich” Agenda Accelerates NYC Millionaire Exodus 💸 NY’s share of U.S. millionaires dropped sharply — from 12.7% to 8.7% between 2010-2022 — triggering a nearly $11 billion loss in tax revenue in just one year, per the Citizen Budget Commission. This AI video perfectly illustrates how Mamdani will essentially keep taxing millionaires into leaving NYC because he doesn’t care. Even with high earners already footing ~45% of state income taxes and a clear trend of flight to Florida and Texas, more “tax the rich” pushes like the pied-à-terre tax risk making it worse. Will this fix NYC’s budget woes or just speed up the collapse? 🤔

Paul A. Szypula 🇺🇸

14,968 просмотров • 27 дней назад

Senator Graham: We put a 25% tariff on India for buying Russian oil. I was at the Indian Ambassador’s house about a month ago, and all he wanted to talk about was how they were buying less Russian oil. Would you tell the President to relieve the tariff? This stuff works.
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Senator Graham: We put a 25% tariff on India for buying Russian oil. I was at the Indian Ambassador’s house about a month ago, and all he wanted to talk about was how they were buying less Russian oil. Would you tell the President to relieve the tariff? This stuff works.

Clash Report

55,976 просмотров • 7 месяцев назад

💥California collects more tax revenue than most NATIONS and this is the result. No accountability. No solutions. Just more money thrown at a problem that keeps getting worse.
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💥California collects more tax revenue than most NATIONS and this is the result. No accountability. No solutions. Just more money thrown at a problem that keeps getting worse.

Brandon Tatum

21,876 просмотров • 3 месяцев назад

Keep up the hope! Thank you to the workers at Sobotec for all they to do build Canada and create wealth for our country. Conservatives will keep the fight alive against the industrial carbon tax on steel and aluminum and for tariff-free trade with the U.S.
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Keep up the hope! Thank you to the workers at Sobotec for all they to do build Canada and create wealth for our country. Conservatives will keep the fight alive against the industrial carbon tax on steel and aluminum and for tariff-free trade with the U.S.

Pierre Poilievre

21,428 просмотров • 3 месяцев назад

After Canada imposed a 100% tariff on Chinese electric vehicles, China retaliated with a 100% tariff on canola products and 25% on pork. The Liberal government imposed the EV tariff claiming China was hurting eastern Canada’s $14B auto sector. Western Canada’s canola sector is a $43.7 billion dollar industry for the country. The effects of this trade war will be devastating as China accounts for 54% of Canadian canola exports.
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After Canada imposed a 100% tariff on Chinese electric vehicles, China retaliated with a 100% tariff on canola products and 25% on pork. The Liberal government imposed the EV tariff claiming China was hurting eastern Canada’s $14B auto sector. Western Canada’s canola sector is a $43.7 billion dollar industry for the country. The effects of this trade war will be devastating as China accounts for 54% of Canadian canola exports.

Just Bins

63,254 просмотров • 1 год назад

Value-added tax is the "least painful tax," and Russians won't notice its increase from 20 to 22%, Russian finance minister Siluanov said. Meanwhile, the CEO of VTB bank, Andrey Kostin, said that tax hikes in 2026 will have a negative impact on business, but the Russian budget needs money, and so far, it "has not found any other means of increasing revenue." "Tax hikes on top of high rates will further reduce business activity in the country and may ultimately lead to a decline in tax revenues. Because less business means fewer taxes. So far, the economy is holding up," he said in an interview with Reuters.
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Value-added tax is the "least painful tax," and Russians won't notice its increase from 20 to 22%, Russian finance minister Siluanov said. Meanwhile, the CEO of VTB bank, Andrey Kostin, said that tax hikes in 2026 will have a negative impact on business, but the Russian budget needs money, and so far, it "has not found any other means of increasing revenue." "Tax hikes on top of high rates will further reduce business activity in the country and may ultimately lead to a decline in tax revenues. Because less business means fewer taxes. So far, the economy is holding up," he said in an interview with Reuters.

Anton Gerashchenko

195,147 просмотров • 8 месяцев назад

Illinois just became the first state to tax crypto transactions Governor Pritzker (Governor JB Pritzker) has signed a 0.2% tax on digital asset transactions into law, a US first. Tucked into Illinois' $55.9 billion budget, the Digital Asset Privilege Tax hits transaction value, not profits, and takes effect January 1, 2027. The tax falls on brokers, exchanges, custodians, and other platforms, who must register and collect it, with violations chargeable as a felony. The state expects $800 million in new revenue. The industry is furious. The Crypto Council for Innovation calls it the most punitive crypto tax in the country and wants it vetoed, warning firms will flee. One open question lawyers are already circling is whether it reaches self-custody transfers at all.
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Illinois just became the first state to tax crypto transactions Governor Pritzker (Governor JB Pritzker) has signed a 0.2% tax on digital asset transactions into law, a US first. Tucked into Illinois' $55.9 billion budget, the Digital Asset Privilege Tax hits transaction value, not profits, and takes effect January 1, 2027. The tax falls on brokers, exchanges, custodians, and other platforms, who must register and collect it, with violations chargeable as a felony. The state expects $800 million in new revenue. The industry is furious. The Crypto Council for Innovation calls it the most punitive crypto tax in the country and wants it vetoed, warning firms will flee. One open question lawyers are already circling is whether it reaches self-custody transfers at all.

BSCN

12,383 просмотров • 1 месяц назад