Fox Business host Charles Payne and contributor Steve Forbes did their best to soft-peddle the damage Trump's cringeworthy plan of tariffs would have to the US economy but still came up short. Payne, subbing for Neil Cavuto, went back to a US history that is no longer relevant to us to prop up the idea of tariffs. PAYNE: How does President Trump plan to convince his fellow Republicans that this is the right way to go? FORBES: Well, there's two issues here, Charles. One is how do we make his landmark 2017 tax bill permanent, because as you know, if no action is taken this year, a lot of that tax bill expires and the average family would pay about $2,500 more in taxes and it would hurt our businesses. This is what the 2%ers and corporations want more than life itself. Letting these tax cuts expire won't hurt anybody. It makes it harder for the rich to fiddle with their tax returns. Now comes the rub. This is where their clucking begins. FORBES: And then, of course, there's the secondary issue about the tariffs that Trump has been talking about. Now, maybe, I'm just thinking out loud here, Charles, and I've talked to some of the top economic advisors that have worked with me in the Trump campaign, we could maybe mix these two and use tariffs as a way to pay for some of these tax cuts.read more
https://crooksandliars.com/2024/11/steve-forbes-tries-vain-defend-trumps