this post was submitted on 04 Mar 2025
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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.

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[–] [email protected] 178 points 3 months ago (11 children)

If only this could have been seen coming ... there were really just no warning signs ... I'm tired.

[–] [email protected] 70 points 3 months ago (2 children)

Exactly, I wasn't so much shocked as I was surprised Harris lost. I mean how can so many people be that dense as to vote for Trump?

[–] [email protected] 45 points 3 months ago (4 children)

What gets me is that there were millions who couldn't be bothered to vote against Trump.

imho Biden/Harris shouldn't have had to do anything whatever. People should have just shown up and said 'no' to anotehr Trump term.

[–] [email protected] 24 points 3 months ago

Absolutely, being normal should beat a flaming sociopath. But malignant narcissism and sociopathy have become virtues in USA, as the ultimate symbol of freedom. Because they only think of themselves.

[–] [email protected] 22 points 3 months ago (2 children)

Good thing most Americans can find an extra three grand in their couch cushions. /s

[–] [email protected] 18 points 3 months ago

That's not for them. Vance left a tip for the couch when he finished.

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[–] [email protected] 9 points 3 months ago (3 children)

Oh no no no. It's of course someone else's fault. Harris not good enough, blah blah blah. Definitely don't blame people too lazy or uninterested to vote. That's definitely not their fault and theyre definitely not complicit in everything going on.

[–] [email protected] 7 points 3 months ago

Plenty of blame to go around

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[–] [email protected] 7 points 3 months ago (1 children)

No democrat should have had to do anything. just a few minutes of any Trump campaign speech should have been enough for him to lose most votes. Have his groupies ever actually listened to him?

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[–] [email protected] 15 points 3 months ago (2 children)

"People keep acting like a trump win will be the end of democracy, but thats just hyperbole. He wont end democracy."

-bad faith trolls

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[–] [email protected] 13 points 3 months ago (2 children)
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[–] [email protected] 112 points 3 months ago (2 children)
[–] [email protected] 23 points 3 months ago (1 children)

To be fair, COVID-19 was also a factor in 2020

[–] [email protected] 40 points 3 months ago (1 children)

Though the orange goon's abysmal handling of the situation didn't help.

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[–] [email protected] 16 points 3 months ago* (last edited 3 months ago) (1 children)

he has such a wierd stance. he such severe lordosis from the lifts and girdle.

[–] [email protected] 13 points 3 months ago

I think the off-center weight in his diaper fucks with his center of gravity.

[–] [email protected] 85 points 3 months ago

Remember, if you see someone stealing food, no you didn't.

[–] [email protected] 75 points 3 months ago* (last edited 3 months ago) (4 children)

I thought DOGE saved taxpayer money. Since the cost of government spending is lower, taxes should be lowered. This Trump and Elon are scammers if taxes are not lowered.

[–] [email protected] 71 points 3 months ago

Only if you make over 360k a year and above.

[–] [email protected] 8 points 3 months ago

It saves it for distribution to billionaires.

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[–] [email protected] 67 points 3 months ago (1 children)

When did sabotaging your own economy become a hallmark of leadership? Asking for 300 million friends.

🐱🐱🐱🐱

[–] [email protected] 39 points 3 months ago

He works for Putin. He’s been very successful at following his orders.

[–] [email protected] 66 points 3 months ago (9 children)

I kept saying this, and I'm glad others are realizing it.

He steamrolled tariffs because it's a tax on the working class. He will never raise taxes for the ruling class.

[–] [email protected] 11 points 3 months ago (1 children)

At this point I think it's just market manipulation. They are already going back on some of the tariffs.

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[–] [email protected] 53 points 3 months ago (1 children)

😂😂😂 Oh boy those MAGA idiots that were complaining about inflation and thought voting for Trump would help them. 🤣🤣🤣
How's that going for you? 🤡🤡🤡

[–] [email protected] 24 points 3 months ago (1 children)

They'd cut off their nose to spite their face. As long as people they don't like are hurting, they'll suffer as well. They'll probably just find a way to blame Biden or Obama again.

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[–] [email protected] 50 points 3 months ago

Finally someone says what it is.

TARRIFFS ARE A SALES TAX.
TARRIFFS ARE A SALES TAX.
TARRIFFS ARE A SALES TAX.

And every consumer hates a sales tax.

[–] [email protected] 29 points 3 months ago (5 children)

If I (someone who makes around $30,000 a year) owes anything CLOSE to 2 grand in federal taxes theyre gonna have to send the IRS after me to collect. 🤷 Sorry dumpy donnie.

[–] [email protected] 52 points 3 months ago (2 children)

You won't see $2k more in Federal Income Tax, you'll pay higher prices on store shelves (because of the tariffs the Federal government collected from the importer of the goods, which ultimately get passed on to you the consumer)

[–] [email protected] 19 points 3 months ago

I call it “trickle down getting-fucked”

[–] [email protected] 17 points 3 months ago

And pay $1,540 extr in actual income tax

[–] [email protected] 7 points 3 months ago

The burden is coming in the price of goods you purchase not in a tax that is due.

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[–] [email protected] 13 points 3 months ago (3 children)

Calling it a "tax increase" when it's not is kind of infuriating because it just muddies the conversation. Comparing it to a tax increase is fine but saying it's "effectively" one is worse than useless - it either confuses people, gives them the wrong idea, or gives them an easy out to say it's bullshit.

I hate when my side does stuff like this.

[–] [email protected] 19 points 3 months ago (2 children)

You’re saying a tariff doesn’t count as a tax because it gets hidden in the final price of goods?

Maybe corporate America will tack on a “tariff fee” like those bs restaurant service fees to tell consumers it’s not their fault.

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[–] [email protected] 19 points 3 months ago (6 children)

A tariff is a sales tax, pure and simple. Sales taxes hit lower income people harder than the rich because they have to put a higher percentage of their income into it.

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[–] [email protected] 13 points 3 months ago

I wouldn't be surprised if these tax hikes are imposed, then Musk/Trump issue checks with their faces that give 'free money' to everyone in an attempt to curry favor.

If that happens, I will turn that crap into Euros.

[–] [email protected] 9 points 3 months ago

Well jokes on you, Republicans will have their tariffs paid for by China, Mexico, and Canada and even better they're going to be getting a stimulus check for 8K thanks to DOGE.

That's what Tik Toc tells them and what they know to be true.

[–] [email protected] 9 points 3 months ago* (last edited 3 months ago)

I don't want to give up too many secrets, but....

...the ultimate way to own Libs is to destroy the economy and raise taxes on everyone that voted for you. Ssshhhhhhh....don't tell anyone, them Libs'll be so pissed. ;)

[–] [email protected] 9 points 3 months ago

Congrats, USA!

[–] [email protected] 7 points 3 months ago

I still can't believe Bidenflation is still happening.

[–] [email protected] 7 points 3 months ago

This went into effect today.

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