Subject: Re: Tariffs and (are) hidden taxes
Now, Trump has long insisted that tariffs punish other countries. He once said, “We tax China.”
No, Sir. You tax Americans. You slap a 25% tariff on imported goods, and what do you think happens? The companies don’t eat that cost out of patriotism.
They pass it on to the store. The store passes it on to you. So congratulations, MAGA faithful: you’re now the proud owners of the Trump tax—and you didn’t even get a commemorative coin.
100%...
"Trump has a pronoun problem. He keeps saying he’s imposing tariffs on they/them. But he’s actually imposing them on us." ~Economics Professor, Justin Wolfers