Well, howdy there, Internet people, it's bell again.

So today, we're going to talk about Trump's quiet tax on American households.

The Nonpartisan Tax Foundation released their analysis of how much the average U.S. household paid extra due to Trump's tariffs, along with

their projection for next year. Want to hear the bit that's probably going to become an often

repeated phrase during the campaign? The analysis said that, quote, the Trump tariffs are the largest U.S. tax increase as a percent of GDP since 1993.

In the midst of an affordability crisis, that line is going to be in so many campaign speeches.

Trump, the tax man, because of his tariffs and their downstream effects hitting everything

from furniture to electricity to shoes. He'll tax your seat. He'll tax the heat. He'll tax your feet.

It says they'll generate about two trillion in revenue from 2026 to 2035 on a conventional basis

and reduce U.S. GDP by 0.5%.

That's before they take into effect the negative consequences of other countries responding to his tariffs.

Then the revenue drops to $1.6 trillion. Here's another

big you're likely to hear repeated. Quote, the Trump tariffs threatened to offset much of the

economic benefits of the new tax cuts, while falling short of paying for them. I feel like somebody said that was going to be

how this worked out. So now on to the obvious question. How much will the biggest tax increase in

more than 30 years affect your wallet? Well, according to their estimate, he already took a thousand bucks out of the

budget of the average household last year. And it'll just get worse in 2026. Quote, the Trump

tariffs amount to an average tax increase per U.S. household of $1,000 in 2025 and

$1,300 in 2026. Be thankful he doesn't take it all. This news coming out while people are

finding out that no tax on overtime doesn't actually mean no tax on overtime,

and the only people who actually got what the rhetoric said they would were the rich.

For those who asked about why it works the way it does, I'd ask what you expected.

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