EPISODE · Oct 28, 2025 · 9 MIN
No, Tariffs Did Not Cause September's Budget Surplus
from Audio Mises Wire · host Mises Institute
September’s fiscal surplus was not thanks to tariff revenue. In truth, it was thanks to Americans paying more in income tax. Tariffs were only 5.7 percent of revenue.Original article: https://mises.org/mises-wire/no-tariffs-did-not-cause-septembers-budget-surplus
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No, Tariffs Did Not Cause September's Budget Surplus
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