Professor_Stevens on Nostr: Come on, MAGAts. This is not complicated. Trump puts a tariff on Chinese goods. China ...
Come on, MAGAts. This is not complicated.
Trump puts a tariff on Chinese goods.
China pays the tariff to the American government.
China raises the prices of what it sells to Americans.
Americans pay the higher prices.
China makes most of what Americans buy.
Trump gives a tax cut to the rich, paying for it with the tariffs Americans make possible by paying higher prices for Chinese goods.
Trump is giving your money to the rich, and you are getting nothing for it.
https://apnews.com/article/irs-trump-tax-revenues-tariffs-eef2ab6930a8672a418af27f61efaed8
Trump puts a tariff on Chinese goods.
China pays the tariff to the American government.
China raises the prices of what it sells to Americans.
Americans pay the higher prices.
China makes most of what Americans buy.
Trump gives a tax cut to the rich, paying for it with the tariffs Americans make possible by paying higher prices for Chinese goods.
Trump is giving your money to the rich, and you are getting nothing for it.
https://apnews.com/article/irs-trump-tax-revenues-tariffs-eef2ab6930a8672a418af27f61efaed8