律动BlockBeats
律动BlockBeats|Feb 12, 2026 15:56
[Trump Tariffs Expected to Impose an Average Hidden Tax Increase of $1,300 on U.S. Households by 2026] BlockBeats News, February 12: According to a report by *Fortune*, the tax cuts promoted by Trump were touted as a key measure to address the affordability crisis and were expected to bring about the largest tax refund season in history. However, an analysis by the nonpartisan think tank Tax Foundation pointed out that the burden brought by tariffs has effectively offset the benefits of the tax cuts, amounting to a hidden tax increase on U.S. households. The average household burden is estimated to be $1,000 in 2025, rising to $1,300 in 2026. Even after accounting for tax refunds, the average American is still expected to lose approximately $300. In the long term, tariffs are projected to generate a net fiscal revenue of $1.9 trillion between 2025 and 2034, but the tax cuts will reduce fiscal revenue by $4.1 trillion, resulting in an overall negative impact.
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