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Reply to "Trump tariffs: ruin U.S. economy until 2040"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm so depressed. I never really thought it could get to this point. I never voted for this blob but I did have faith we could weather the storm to come It's been less than 90 days and we are already here. I'm not sure anymore that there is the ability to get through the damage as there is in hoping for mercy in the new world order to come!!! [b]It really truly affects all of us, rich and poor.[/b] [/quote] It affects lower incomes disproportionately. [b]The price of a Honda accord [/b]is a much bigger chunk of HHI when you are making 75k vs 3 million. Tariffs are a tax disproportionately borne by the poor. It’s an inverse progressive income tax. Trump will convince congress to cut taxes, while disguising taxes on the poor as “liberty tariffs” or whatever bs he is calling it. [/quote] Is it fair for Honda to have an import tariff on American cars going to Japan? They currently do….[/quote]
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