However, income taxes make up most of the trillions in revenue the government collected last year. On the other hand, customs duties, aka tariffs — while still a significant sum — represent a ...

The chart is pretty simple: it shows the proportion of American federal government revenues coming from tariffs, going all the way back to the early days of American independence. And to glance at ...

However, income taxes make up most of the trillions in revenue the government collected last year. On the other hand, customs duties, aka tariffs — while still a significant sum — represent a ...

Economists question Trump’s logic, warning that tariffs will lead to slower growth and thus declining government revenues while also prompting retaliation from other nations. But comments by ...