Tariffs are taxes. Full stop.And like most taxes, they impose economic costs. But unlike many taxes, tariffs are among the most economically damaging because they are regressive, distortionary, and imposed directly on trade flows that sustain growth, employment, and competitiveness. History and basic economics are unambiguous: taxes rarely generate a net benefit to the economy, […]
Category Archives: Law
Tariffs Are Taxes (Just Ask Jim Beam)
Trump’s Second Term, Year One: Forecast Confirmed, Damage Accelerated
December 18, 2025 Executive Summary When Donald Trump took office in January 2025 for his second term, we issued a clear forecast: a rapid deterioration in U.S. economic performance driven by protectionism, institutional erosion, policy uncertainty, and hostility toward science and immigration. That forecast has not only proven accurate—it has materialized well ahead of schedule. […]
The U.S. Economy into 2026: Tariffs, Immigration, and the AI Paradox
by Daniel BrouseDecember 13, 2025 Introduction The U.S. economy in 2025 is shaped by three powerful and interacting forces: tariff implementation, restrictive immigration policies, and the rapid adoption of artificial intelligence (AI). Each has distinct economic effects, but taken together they create a complex macroeconomic picture with both upside and risk. 1. Tariffs: A Drag […]
The New Era of Economic Uncertainty: How Trump’s Tariff Shock Is Breaking America’s Forecasting Models
Economic forecasting has always carried uncertainty, but under Trump’s current fiscal and trade agenda, that uncertainty has exploded to levels not seen in a century. Policies that economists—left, right, and center—have avoided for 100 years are suddenly being deployed at massive scale. Chief among them: unprecedented import taxation and the largest tariff regime in modern […]
Small Businesses Are the First Casualties of Trump’s Tariff Economy — And the Jobs Data Proves It
The latest employment numbers reveal exactly why small businesses are suing President Trump over his tariff policies: tariffs hit small firms and lower-income consumers the hardest, functioning as a stealth tax that now adds anywhere from 20% to over 50% to the cost of many goods compared with last year. And the results are now […]
Tariffs, Protectionism, and Economic Self-Harm: Why Costco’s Lawsuit Exposes a Bigger National Problem
Costco Has Sued the U.S. Government — and It Highlights the Bigger Failure of Trump’s Tariff Policy Costco has filed suit against the U.S. government — specifically U.S. Customs and Border Protection — to preserve its ability to receive a full refund on tariffs it has already paid, should the Supreme Court ultimately rule that […]
The Trade Deficit Shrinks — and So Does America’s Economic Pulse
The U.S. trade deficit for August 2025 came in at $59.6 billion, down sharply from a revised $78.2 billion in July. On the surface, this might look like good news for an administration obsessed with shrinking the trade gap. In reality, it is a warning sign — and yet another indictment of Trump’s misguided, economically […]
Trump’s New Healthcare Pitch: Populist Rhetoric, Policy Confusion, and Economic Reality
On November 8 and November 18, 2025, Donald J. Trump posted on Truth Social: “I am recommending to Senate Republicans that the Hundreds of Billions of Dollars currently being sent to money-sucking Insurance Companies in order to save the bad Healthcare provided by [the] Affordable Care Act, BE SENT DIRECTLY TO THE PEOPLE SO THAT […]
A Complex Example of Real Estate and Estate Planning
Complicated Real Estate Estate Example Q: Can you address the concerns if the deed is titled in a living trust? Great question — and yes, living trusts add another layer that’s important to understand. If your property is part of a HOA/POA and is titled in a living trust, the key issue is this:The trust […]
Estate Planning & Real Estate Ownership: What Property Owners Should Know
by Daniel Brouse November 16, 2025 Many property owners don’t realize they already have a form of estate plan in place—simply through how their name is listed on the deed. Whether you own a home, a vacant lot, or an investment property, the structure of your ownership determines what happens to the property when you […]