Another Take on Tariffs

3 points by dosmithds2060 3 months ago | 2 comments
  • jqpabc123 3 months ago
    Here is another take on Trump's tariffs --- they amount to the largest tax increase in US history --- magically shifting a huge chunk of the tax burden from the wealthy onto the backs of MAGA supporters.

    Not just my opinion but that of Peter Navarro, Trump's jailbird economic adviser.

    https://www.yahoo.com/news/peter-navarro-says-tariffs-6-1850...

    • alabastervlog 3 months ago
      They're likely to be like a flat sales tax except, incredibly, even more regressive.

      So that's fun.

    • 3 months ago
      • 3 months ago