Ever since Donald Trump’s first term as president, his detractors in the Democratic Party and their spokespeople in the mainstream liberal media have had a recurring refrain: his single achievement in office was a tax cut for him and his rich buddies. It was always nonsense, erasing the significant tax cuts middle- and working-class Americans got, as well as his achievements controlling the southern border, imposing tariffs on China to force supply chains elsewhere, and, more generally, shrinking the income gap for the first time in 60 years. But let Liberation Day—Trump’s moniker for April 2, the day he imposed across-the-board reciprocal and global tariffs—put to bed the myth that Trump is beholden to the rich.
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