$15 Billion And Climbing: Trump’s Tariffs Deliver Record High Revenue

[Larniavc]

That's silly! You are taking 83billion OUT of your economy.

Exactly! It's 83 billion extracted from the working class's wallets that is now no longer in circulation.

 

[rambot]

I just spent a bunch of the economy on my Popeye's lunch!

 

[rambot]

And from thence into contracts for Trump's corporate allies.

Syphoning money from the wallets of the working classes and concentrating it in the coffers of the owners of the means of production. It is the most remedial yet effective slight of hand yet seen in the 21st century.

I wouldn't call it slight of hand.

Trump supporters just deny it's happenning even though they can see it.

 

[Larniavc]

I wouldn't call it slight of hand.

Yeah, it's pretty blatant; makes it even more baffling when non oligarchs are FOR tariffs.

 

[essentialsaltes]

At least Republicans seem to be getting on board with "Tax and spend" rather than "cut tax and still spend".

More of this sort of thing could help balance the budget, though income and corporate taxes would seem to be a better way to do it than tariffs if we want to help the common man rather than the 1%.

 

[Say it aint so]

At least Republicans seem to be getting on board with "Tax and spend" rather than "cut tax and still spend".

More of this sort of thing could help balance the budget, though income and corporate taxes would seem to be a better way to do it than tariffs if we want to help the common man rather than the 1%.

If this "big beautiful bill" goes through, the number of corps that paid zero in effective rate taxes that doubled with the 2017 Trump "Tax Cut No Jobs Act", will double again.

 

[FAITH-IN-HIM]

• Tariffs are a progressive policy that reverse the negative economic effects of free trade, creating good-paying jobs, boosting working-class income, and reducing income inequality.

How Tariffs Benefit the Working Class and Reduce Income Inequality | Coalition For A Prosperous America

Tariffs are a progressive policy that reverse the negative economic effects of free trade, creating good-paying jobs, boosting working-class income, and reducing income inequality.

prosperousamerica.org

BINGO! BINGO! BINGO!

Tariffs, anti-free trade, and anti-globalism policies have been liberal and Democratic positions over the last 50 years. This is one reason I identify as a conservative. For the past five decades, conservatives have supported free trade, globalization, and lower or no tariffs, from Reagan to Bush to Romney to Paul Ryan.

President Trump and his supporters now state that tariffs are beneficial. It may be beneficial, but it is not conservatism.

 

[Say it aint so]

BINGO! BINGO! BINGO!

Tariffs, anti-free trade, and anti-globalism policies have been liberal and Democratic positions over the last 50 years. This is one reason I identify as a conservative. For the past five decades, conservatives have supported free trade, globalization, and lower or no tariffs, from Reagan to Bush to Romney to Paul Ryan.

President Trump and his supporters now state that tariffs are beneficial. It may be beneficial, but it is not conservatism.

Trade Agreements Act of 1979​

 

[Vambram]

If this "big beautiful bill" goes through, the number of corps that paid zero in effective rate taxes that doubled with the 2017 Trump "Tax Cut No Jobs Act", will double again.

Can you prove that your prediction could come true?

 

[Always in His Presence]

And from thence into contracts for Trump's corporate allies.

Syphoning money from the wallets of the working classes and concentrating it in the coffers of the owners of the means of production. It is the most remedial yet effective slight of hand yet seen in the 21st century.

Unfounded accusation

 

[Say it aint so]

Can you prove that your prediction could come true?

Past history is a good indicator of the future.
But I will withhold judgement as the current bill is going through a Ronco food processor. Let's see what comes out at the end.

 

[Larniavc]

Unfounded accusation

Where do YOU think the money goes? And where do YOU think tariff money comes from?

 

[Landon Caeli]

I just spent a bunch of the economy on my Popeye's lunch!

Don't forget the Sparkle. And honey for them biscuits.

 

[wing2000]

That's 15 Billion dollars extracted from American companies and consumers.

 

[Mayzoo]

Exactly! It's 83 billion extracted from the working class's wallets that is now no longer in circulation.

It would have been far more transparent to directly increase income taxes than to mislead the public about the source of funding by pointing to foreign contributions. American politics often excels at minimizing or obscuring the additional burden placed on those already struggling. When these individuals experience greater hardship, it is frequently framed as their personal failure, blamed on assumptions about laziness, poor spending habits, or lifestyle choices, despite little evidence to support such claims for those truly suffering.


I grew up in severe poverty, meaning food insecurity was a daily reality. We had no access to entertainment that cost money, no extracurricular activities to cut back on, and no meals out. Luxuries were nonexistent. When things worsened, the only expenses available to reduce were food and basic medical care. As a result, those essentials were sacrificed incrementally with each downturn. This remains the lived experience of many Americans today.


Thankfully, I’ve since gained financial stability, and my child will never know what it feels like to go hungry. But that perspective has instilled a lasting empathy for those still trapped in cycles of economic hardship. It changes you permanently.


In some communities I engage with, I see mothers working multiple jobs, eating once a day or less, and disguising their sacrifices so that their children can eat without guilt. Despite their efforts, cuts to essential services like food assistance and medical support are being proposed because, as the argument goes, those who did not participate in the decision to bring a child into the world bear no obligation to ensure that child’s basic needs are met.


This perspective ignores the systemic barriers that keep families in poverty: chronic undernutrition, lack of access to modern tools and technology, and inadequate healthcare. The idea that children should bear the brunt of these challenges due to circumstances beyond their control reflects a broader societal failure—a failure of responsibility, of empathy, and of policy.

 

[Always in His Presence]

Since April 2025, U.S. tariff revenue has surged dramatically, driven by sweeping trade measures under the Trump administration. Here's a breakdown of the numbers:

Tariff Revenue Highlights

• Over $122 billion in combined customs and excise tax collections by June 30
• $22.2 billion in May alone, setting a monthly record
• $15 billion collected in April, marking a 60%+ increase over previous periods
• $500 million generated just in the first 10 days after April 5 from new reciprocal tariffs

Year-End Projections

• The Treasury Department estimates $100 billion collected so far in 2025, with projections reaching $300 billion by year-end if current trends continue

 

[rjs330]

That's why the California sales tax makes the California economy bigger!

California generated $52 billion in extra economy in FY2022

You know thats a good point. Progressives really like sales taxes even though those sale taxes affect everyone including the poor. They raise prices. And they keeping adding on more. Then when tariffs come along suddenly they are concerned that it might raise prices on some products?

 

[essentialsaltes]

You know thats a good point. Progressives really like sales taxes

That is not true. As you have (almost) noted, sales taxes are regressive, not progressive. Likewise universal tariffs.

However, it was useful to put a brave face on to show what a dumb argument was being advanced.

 

[SimplyMe]

You know thats a good point. Progressives really like sales taxes even though those sale taxes affect everyone including the poor. They raise prices. And they keeping adding on more. Then when tariffs come along suddenly they are concerned that it might raise prices on some products?

Actually, you made me curious. Looking at Tax Foundation reporting, it appears that conservatives that really love income taxes. So, the top 10 income tax states (highest percentage income taxes, combined state and local rate):

1. Louisiana
2. Tennessee
3. Arkansas
4. Washington
5. Alabama
6. Oklahoma
7. California
8. Illinois
9. Kansas
10. New York

The bottom four, all tied with no income tax in the state (no state or local) are, Delaware, Montana, New Hampshire, and Oregon.

Last, most states have eliminated sales tax on groceries to help keep the tax from being as regressive. Ten states still allow taxes on groceries and most are conservative states. Four states allow full sales tax on groceries, those are: Hawaii, Idaho (though both Hawaii and Idaho offer tax credits to offset the tax for low income households), Mississippi, and South Dakota (neither Mississippi nor South Dakota have any type of program to offset the tax on food for low income). Then six states offer a reduced tax rate for food: Alabama, Arkansas, Illinois (and the state tax in Illinois will be eliminated at the end of the year), Missouri, Tennessee, and Utah.