Why are we still paying taxes if Trump's tariffs are so beautiful?

[Wiz Imp]

11. Tariffs are only bringing in a relative pittance in revenue.

Monthly tariff revenue, has yet to reach $30 billion in a month. But let's assume it could be as high as $30 billion a month for a full year. That's still only $360 billion for the year. The total revenue for the Federal Government in 2024 was $4.9 Trillion so that would project tariff revenues at just 7.3% of total revenues for the Federal Government. And while there may be additional tariffs in future months, the higher the tariff rates, the lower the amount of goods being imported meaning the tariffs will be collected on smaller levels of goods meaning they will never bring in anywhere near is much as Trump thinks.

Even at current levels, the tariffs project as a tax bill of over $2000 annually for the average taxpayer.