Tariffs are a regressive way to raise revenue because low-income households spend a higher share of their income on goods affected by tariffs compared to higher-income households.

Authors

• Person: Not available Organization: Brookings
  Tariffs are a particularly bad way to raise revenue | Brookings

Sources

• Tariffs are a particularly bad way to raise revenue | Brookings www.brookings.edu Brookings via serper

Referenced by nodes (3)

• tariff concept
• revenue concept
• low-income households concept