Hello everybody and thank you for tuning in to the Ron Paul Liberty Report.

Today we have Chris Rossini, our co-hosts, Chris, welcome to the program.

It's great to be with you, Dr. Paul.

Very good. I want to talk a little bit about tariffs.

You know, the president's taking a lot of credit for raising a lot of money,

putting this money into the Treasury, and everybody's better off for it.

But when you look into the details, exactly what's going on.

You might have a few questions to ask about it,

and it fits into the category of just a mere

tax on the American people that we're witnessing right now and this is a this is something that

you know is disturbing because it's different I was under the impression at one time that the money

that when there

was a tax on such and such country, that they paid the tariffs. And that's why they didn't like it.

But no, that isn't the case. And evidently what happens is the people in this country that imports the goods and services, they pay the tariff.

So the companies in America pay the taxes and individuals can pay the taxes.

And it's not called, it's always called a tariff, not a tax.

But literally what happens to the money when we collect it,

because Trump is bragging about

all this money we're putting it in the bank, but the money's coming out of the pockets of our

corporations. And I think this is a solution, you know, to our problem. But what does the Treasury do

with it? They don't have, they have,

they can do anything they want with it. They could pay off debt or whatever. It's in the general

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