GOP rep says 'tariff is a tax': 'No question'
Rep. Pete Sessions (R-Texas) on Monday said a “tariff is a tax,” a day before the Trump administration’s imposition of “Liberation Day” reciprocal tariffs.
In Sessions’s appearance on “CNN News Central,” a Monday opinion piece from The Wall Street Journal’s editorial board was brought up by anchor John Berman.
“In the real economic world, a tariff is a tax. If you raise $600 billion more a year in revenue for the federal government, you are taking that amount away from individuals...