{{featured_button_text}}
Letter

$80 billion is expected to be collected by U.S. tariffs in 2019. In the first quarter of 2019, tariffs made up around 3.6% of all federal government revenue, compared with just 2.2% in the same quartered of 2018 and 1.8% in 2017. Much of the boost is due to higher tariff rates on Chinese imports, the U.S.’s top trading partner. The U.S. is considering an additional tariff increase from 10% to 25% on Chinese goods.

All of this money is deposited in the general fund of the United States. Eighty billion dollars could pay for a lot of infrastructure improvements, better funded municipal grants, improved mass transit and more. Since it is deposited into the general fund, none of this is assured.

I have contacted all three of my congressional representatives asking that they find a way to direct this money towards the improvement of the general welfare of our American society. I hope others will join me.

Paul Pacini,

Helena

Get News Alerts delivered directly to you.

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.
You must be logged in to react.
Click any reaction to login.
0
0
0
0
0