The triple toll of Trump’s terrible tariffs: Ultimately, American workers and consumers suffer three different ways. (Tom Schaller, May 25, 2026, Public Notice)
Yes, tariff receipts temporarily ended up in Washington. But those taxes were paid indirectly, via increased retail prices, by every American who bought imported goods or products made from imported components. Yale Budget Lab estimated the price tag per American at $2,400 per year, which is almost how long tariffs were in effect until the Supreme Court’s February 20 decision. Because it’s nearly impossible for individual citizens to compute how much they paid in tariffs, no less apply for reimbursements, most will get nothing.