Fox's Greg Gutfeld: “A tariff is not a tax if you don’t buy the goods”
Gutfeld: DEI “causes inflation”
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From the March 12, 2025, edition of Fox News' The Five
JEANINE PIRRO (CO-HOST): Greg, we have car companies now that are not building in Mexico, that because of these tariffs are now building in the United States. Honda is building plants in Indiana, South Carolina, and Michigan, and you know, now -- initially what happened was they closed up shops in Michigan, then they built up shops in Mexico that were owned by China. Now they're coming from Mexico back to the United States. Isn't the tariff story a positive one?
GREG GUTFELD (CO-HOST): You know, it almost doesn't matter where they are at this point because you don't have to buy them, right? A tariff is not a tax if you don't buy the goods. And I'm tired of the media calling the tariff a tax. It's the opposite. You know, a government-issued tax is an involuntary cost on you. You are paying for stuff that as a New Yorker, you don't benefit from. I spent -- I pay a small fortune in taxes, and I still have psychopaths living on my street. I have roads that destroy the car's suspension, and I can't take the subway. But I pay more taxes than my dad made in his whole life as an income, but it doesn't really matter. I'm going to make Jesse so happy right now. You know what causes inflation? And I'm glaring at Harold. DEI.
HAROLD FORD JR. (CO-HOST): I knew this was coming.
GUTFELD: Spend a trillion dollars on -- let your government explode to the size of God knows what. That leads to inflation. It ain't tariffs. You could call tariffs a consumption tax if you want. But -- fine. You pay, you buy, you pay, that's cool, that's why we had zero inflation back in the good old days. Which the acronym is GOD, Harold, so you should be for it. Once we shifted to the income tax, what happened? Government grew, started spending, suddenly the only solution to maintain its size was to print more money. And what happens when you do that? Money loses value and you get higher prices, inflation, and you get expensive eggs. Thank you, DEI. I blame DEI.