If you decide to apply tariffs to EVERYTHING coming out of China you are going to see remarkable inflation. Just look it up don’t trust my words. Tariffs make sense in a lot of ways. But not as a source of revenue and not on things that we do not have the infrastructure in place to already sell and make home grown.
100% agree. He has done nothing to gain support since 2020. There was the whole Jan. 6th thing though that is sure some non-republicans were inspired to vote for him by though
Show me? You have statistics? Because I do.
thinks it’s important to also state that I am not apposed to tariffs over-all. Infact these tariffs were kept in place and sometimes expanded under Biden. They were necessary in a lot of ways and the tax burden was out weighed in my opinion by the benefit of putting steel, electronics such as semiconductors, and washing machines made in the USA the option that was often more affordable because tariffs made these things more expensive to import. What Trump is proposing here is an absolutely moronic idea. It would place tariffs on things we have no other option to purchase, driving up the cost on those things for US substantially. There’s no way around it
watching all those pos rtard politicians cowering in fear made me a happy man. J6 is one of my new favorite holidays. I love J6 and the man that delivered it. Donald J Trump, my and your new daddy come Tuesday.100% agree. He has done nothing to gain support since 2020. There was the whole Jan. 6th thing though that is sure some non-republicans were inspired to vote for him by though
Now compare those numbers to real wage increases during the same period.
Are you saying wages increased because of the tariffs? Somehow I doubt they are correlated
My point is those numbers are insignificant when real wages are increasing for average Americans. Free foreign trade benefits shareholders and corporate interests only. We have to take the hit to get back on track, and $625 is an insignificant hit.
Boy you guys are sure hung up on tariffs. Tariffs tariffs tariffs tariffs tariffs tariffs. They didn't destroy the economy last time and they won't this time.
You may not have seen my follow up message because I actually 100% agree with this. My point is that the tariff proposal he has now would be WAY over the top. The hardship on Americans would be exponentially worse under his current proposal. Those statistics show that tariffs are a burden to tax payers and most Americans. They would be MUCH WORSE under his plan going forward
Honestly it’s the only policy I’ve ever heard from him so I don’t even know what else to talk about because everything else is stupidity trans crap. Arnold Palmer’s junk, Biden being tired, kids getting sex changes at school, or how big his rallies are.
Do you have a net wealth of over 100 million dollars? Because that’s who it applies to. done. Now you’re up
I mean those taxes would go to things taxes go to. I don’t foresee that really harming multimillionaires a whole lot. I see it benefitting us. Unrealized gains for them are on stocks, ect. That almost never sold and just inherited by whatever firm they own or past on to some other holding company. They make money from dividends and selling and diversifying and reallocated funds based on market patterns and what-not.
Not only that, once you sell the asset, you get credited whatever you already paid from the unrealized gains of that asset. You would not be taxed again because you sold, unless of course the asset increased in value, but you would be credited the tax you have paid. It’s a way to keep the mega rich from pushing back paying, and/or using loop holes and fudge their books and avoid taxes at all. There is no way around this tax proposal and it’s actually very clever. The goverment gets those taxes NOW, and reliably to use towards goverment spending
This post and the one from Downeast proves a lack of understanding of basic economics, and greatly reduced your credibility on this issue.
I think they will FINALLY be paying taxes at a percentage that reflects what you and I actually pay. That’s what I think