“Trillions of dollars is coming in from tariffs.” – Trump https://www.msn.com/en-us/money/markets/trump-says-his-tariffs-collected-trillions-in-revenue-so-far-here-s-the-real-figure/ar-AA1KoVft
Yeah. The largest tax hike in American history. Tariff imports are a tax on Americans. Now they’re thinking about taxing exports too. Insane.
🔴 US Treasury Secretary Bessent floats rolling out export tax to more industries – FT.
— FinancialJuice (@financialjuice) August 13, 2025
Treasury Secretary Scott Bessent calls the Nvidia/AMD export revenue-sharing deal a “model” for other industries. “Now that we have the beta test, why not expand it?” https://finance.yahoo.com/news/bessent-says-unusual-nvidia-amd-195908521.html
Legal experts say it’s “bizarre” and “pretty troubling.” No vote. No law. Just a condition stapled to an export license. https://finance.yahoo.com/news/bessent-says-unusual-nvidia-amd-195908521.html
“Trillions of dollars is coming in from tariffs.” – Trump
Yeah.
The largest tax hike in American history.
— Spencer Hakimian (@SpencerHakimian) August 13, 2025
Bessent insists tariffs aren’t taxes. “No,” he told Sen. Cortez Masto when asked directly. https://thehill.com/business/5346974-bessent-tariffs-not-taxes/
Grassroots voices: “Export tax? That’s a death sentence for my margins. We already eat the shipping costs.” https://www.resetera.com/threads/us-treasury-secretary-scott-bessent-floats-idea-of-expanding-export-tariffs.1269360/
“Feels like they’re just inventing new ways to bleed us. No vote. No debate. Just boom—new tax.” https://www.politico.com/news/2025/08/11/trump-defends-deal-to-sell-nvidia-export-control-license-00503778
They call it revenue-sharing. They call it leverage. They call it strategic. But it moves like a skim. It sounds like a tax. Only this one, you never get a vote.