MICHAEL ETTLINGER: It’s all just a giant transfer from consumers to corporations, which – you can’t really design a worse tax than that.
Author
Michael Ettlinger
Senior Fellow
August 25, 2026
NPR: U.S. Businesses Are Getting Tariff Refunds. Will Customers Get Any Money Back?
Institute on Taxation
and Economic Policy
ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
Subscribe to ITEP Emails
Tax research and policy news in your inbox.
Promote Fair Tax Policy
Your gift to ITEP promotes tax justice. With your help, we do research that supports taxing millionaires and billionaires, taxing big corporations and raising revenue for the things our people, our communities and our planet need.
Together, we can create a country with more economic justice, more racial justice, more climate justice… and more tax justice.