Republicans Have Cut Taxes on the Rich, Increased Them on the Middle Class

Image Source/Cultura/ZUMAPRESS

Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.

So how are those tariffs going, President Trump?

When President Trump placed tariffs on imported aluminum last spring in an effort to protect American producers, European rivals thought their U.S. profits would come under pressure. But months later European aluminum companies have yet to feel much pain.

….“German companies tell us that the tariffs don’t bother them right now,” said Christian Wellner, executive board member of Germany’s GDA association of aluminum companies….The reason, according to Alimex: Many of its U.S. rivals used the tariffs to raise prices, and non-U.S. companies have followed suit, sometimes more than offsetting the 10% duty set by the U.S. government.

It’s still early days, and anyway, Trump’s tariffs were aimed primarily at China.¹ Still, it sure looks as though the tariffs are simply being passed through to consumers, acting like a sales tax and raising the price of everything made with aluminum.

Bottom line: Republicans have cut taxes on the rich and increased them on the middle class. In both cases they’ve done their best to hide their actions, but based on poll readings it looks like they’ve finally failed. For the first time ever, the American public seems to have cottoned on to exactly what “tax cut” means in Republicanese.

¹And Canada. Maybe. It’s kind of hard to know with Trump.


Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

payment methods

We Recommend