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Trump Is Raising Your Taxes Tomorrow
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Trump Is Raising Your Taxes Tomorrow

Tariffs kick in, the markets tank, and the next thing you know, we're in a recession. Maybe even a depression.

Karoli Kuns's avatar
Karoli Kuns
Apr 01, 2025
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Trump Is Raising Your Taxes Tomorrow
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US with fence around it and tariff percentages in front, illustrating the protectionism of tariffs
Photo by aprott on iStock photo

As I write this, I’m enjoying the last days before the Trump Tax Hike goes into effect.

I’m not in the market for a new car, but I am in the market for a new wooden fence. The price jumped 141 percent from September of last year to March of this year, entirely attributable to anticipation of the tariffs on lumber purchased …

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