Business Taxes
Brief Tariffs, Trade, China, and the States

Although tariffs currently constitute a very small share of US federal revenue, both President Donald Trump and President Joe Biden increased their use, and Trump now proposes significantly expanding their application.

TaxVox
TaxVox
TaxVox
Latest Content
  • Model Estimate
    T26-0040 – Baseline Distribution of Income and Federal Taxes, 2036
  • Model Estimate
    T26-0039 – Baseline Distribution of Income and Federal Taxes, 2030
  • Model Estimate
    T26-0038 – Baseline Distribution of Income and Federal Taxes, 2029
  • Model Estimate
    T26-0037 – Baseline Distribution of Income and Federal Taxes, 2028
  • Model Estimate
    T26-0036 – Baseline Distribution of Income and Federal Taxes, 2027
  • Model Estimate
    T26-0035 – Baseline Distribution of Income and Federal Taxes, 2026
  • Model Estimate
    T26-0034 – Baseline Distribution of Income and Federal Taxes, 2025
  • TaxVox
  • Model Estimate
    T26-0009 – 2025 Budget Reconciliation Act, One Big Beautiful Bill Act (OBBBA), Distribution by ECI Percentile and Racial or Ethnic Group, 2026
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