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2024-09-05 18:57:51
The claim that Trump proposed using taxpayer money for this purpose is incorrect. Trump proposed using money collected from foreign countries through tarifs to create a Sovereign Wealth Fund dedicated to funding infrastructure projects. Transcript here: [Link]
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2024-09-05 19:11:58
NNN: the fund may get paid for by tariffs, but tariffs are inevitably passed on to consumers, which effectively becomes taxation by other means [Link]
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2024-09-05 19:58:37
NNN - tariffs are paid by US tax-resident businesses as import taxes; i.e., they are literally paid by U.S. taxpayers. They are also practically passed on to U.S. consumers. [Link] [Link] [Link]
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