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1. It would still be a tax even if it didn't raise revenue.
Thu Nov 6, 2025, 03:07 PM
Nov 6

Punitive taxes that are intended to discourage behavior rather than raise revenue are still taxes.

For example, there's a 10% tax on early withdrawal from retirement programs like iras and 401(k)s (with some exceptions). These are and would be taxes even if no one even withdrew funds early.

No one has ever argued that the tax on early withdrawal isn't a tax because it obviously is a tax.

Tariffs are taxes, plain and simple.

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