Robert Reich

Robert Reich

The biggest upward redistribution of wealth in history is coming soon

Trump’s tariffs will especially hurt lower-income Americans, while his tax cuts will especially benefit the wealthy.

Robert Reich
Mar 20, 2025
∙ Paid

Friends,

Donald Trump believes his tariffs will bring so much money to the U.S. treasury that the U.S. will be able to afford another giant Trump tax cut.

But Trump’s tariffs — and the retaliatory tariffs already being imposed on American exports by the nation’s trading partners — will be paid largely by the American working class and poor.

And the people …

User's avatar

Continue reading this post for free, courtesy of Robert Reich.

Or purchase a paid subscription.
© 2026 Robert Reich · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture