@paf0 to politics • 3 months agoA Kamala Harris win and a Democratic sweep would give the biggest boost to the economy, Goldman Sachs saysqz.comexternal-linkmessage-square43arrow-up1525arrow-down111cross-posted to: [email protected]
arrow-up1514arrow-down1external-linkA Kamala Harris win and a Democratic sweep would give the biggest boost to the economy, Goldman Sachs saysqz.com@paf0 to politics • 3 months agomessage-square43cross-posted to: [email protected]
minus-square@[email protected]linkfedilink24•3 months agoIt is because the dipshit’s planning ten percent tariffs on everything coming into the united states. That’s a 10% increase in tax for all of us in the US across the board.
minus-squareBilliamlink5•3 months agoAnd if you have any savings, that’s 10% less money you’ll have. If you don’t have any savings, guess what happens when the price of everything increases 10%? (This is also why flat taxes are stupid. It’s because they’re regressive.)
It is because the dipshit’s planning ten percent tariffs on everything coming into the united states.
That’s a 10% increase in tax for all of us in the US across the board.
And if you have any savings, that’s 10% less money you’ll have.
If you don’t have any savings, guess what happens when the price of everything increases 10%?
(This is also why flat taxes are stupid. It’s because they’re regressive.)
Well, 9.1% less money, but yes ;)
This guy calculates