Businesses deserve full refunds of illegally collected tariffs despite administrative challenges

Source: Ilya Somin. "A Note on Tariff Refunds." February 20, 2026. reason.com

The Gist

Since the Supreme Court ruled that certain tariffs were illegally collected, the government should pay back all $175 billion to the businesses that paid them, plus interest. The government can't claim it's too hard to do - they shouldn't have taken the money illegally in the first place.

Conclusion

US importers who paid illegally collected IEEPA tariffs should receive full refunds with interest, totaling up to $175 billion

Premises

  1. The Supreme Court ruled that the IEEPA tariffs were illegally collected
  2. Justice requires repayment of every penny taken illegally, with interest
  3. The administration's claims that repayment is too difficult are hollow excuses
  4. The government argued during litigation that businesses would be eligible for refunds if they won the case
  5. There is a strong legal basis for importers to recover unlawfully collected duties under existing statutory framework

Assumptions

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