ilmscore | Prediction Details
"To make matters worse, so far the money collected from tariffs has only helped offset a very, very small amount of our national debt. For example, in 2022, they generated $80 billion for the US government, which was just 2% of all US revenue, enough to keep the government going for just 15 days. That's it. It's also said that personal income taxes in the US raised more than 27 times as much revenue as tariffs in 2021. This pretty much suggests that it'll be impossible to run the US government on tariffs alone."
By Graham Stephan | April 4, 2025 | Correct
From video
It’s Over: Trump Just Broke The Stock Market 00:11:48 - 00:12:17
Interpreted Prediction
Revenue generated from tariffs is insufficient to significantly impact the national debt, accounting for only a small percentage of total US revenue and providing only a few days of government funding.
AI Evaluation Notes
The prediction focused on the general impact of tariff revenue on the national debt. Based on available data regarding tariff revenue as a percentage of overall US revenue, the assessment that tariffs are insufficient to significantly impact the national debt remains valid.

Prediction Details

Topic
Revenue from Tariffs

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.