Donald Trump Is the Biggest Middle-Class Tax Raiser of All Time

Ha ha ha:

President Trump recently announced plans to impose a 10 percent tax on $200 billion of imports from China effective September 24, escalating to 25 percent effective January 1, 2019. When added to tariffs that have already been implemented, total trade taxes imposed on American consumers and businesses via unilateral executive action exceed all the taxes included in President Obama’s Affordable Care Act (ACA).

That’s from the National Taxpayers Union Foundation, a conservative outfit that favors low taxes and low spending. Their methodology is a little aggressive since they include $60 billion in automobile tariffs that haven’t actually been implemented yet, but then again, Donald Trump keeps yammering about raising car tariffs, so maybe it’s fair after all. When you add it all up, here’s the total in colorful chart form:

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This is a big one for us. So, as we ask you to consider supporting our team's journalism, we thought we'd slow down and check in about where Mother Jones is and where we're going after the chaotic last several years. This comparatively slow moment is also an urgent one for Mother Jones: You can read more in "Slow News Is Good News," and if you're able to, please support our team's hard-hitting journalism and help us reach our big $350,000 goal with a donation today.

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