- cross-posted to:
- progressivepolitics
- politics
- cross-posted to:
- progressivepolitics
- politics
Summary
Donald Trump is poised to impose massive import tariffs on goods from Canada, Mexico, and China, effectively raising taxes on U.S. households by an estimated $3,000 annually.
Unlike past tax increases that targeted the wealthy, these tariffs disproportionately impact low- and middle-income workers.
While Trump claims the measures address immigration and fentanyl concerns, experts argue they serve as a revenue source to offset tax cuts for the rich.
Critics contend that Trump’s tariffs lack a clear industrial strategy and primarily burden American consumers.
I’m not paying taxes for fucking musk to destroy the country.
Yes you are, lol.
You won’t be paying more taxes, directly. Things will just cost a lot more and you’ll blame foreign companies instead of senseless import taxes that you’re paying. It’s a hidden tax