YES Linda W, someone needs to explain tariffs to our former president who STILL doesn't seem to understand who actually pays the increased price arising from a tariff! Kinda like how he imagined Mexico would pay for his absurd wall.
YES Linda W, someone needs to explain tariffs to our former president who STILL doesn't seem to understand who actually pays the increased price arising from a tariff! Kinda like how he imagined Mexico would pay for his absurd wall.
The importer pays the tariff, which is then added to the consumer price. I want to know where the tariff money goes, after the importer pays it. Does it go somewhere in the U.S. Treasury? Gosh, if it does, then as Trump implies, it can cover the cost of the tax cuts for the wealthy and corporations. What a clever way to get consumers to subsidize benefits to the wealthy, meanwhile paying federal, state, and local taxes as usual.
John, I think we should make a list of all the absurd things that Trump thinks, has thought (ie Haitians eating cats and dogs in Ohio), and send it to The Lincoln Project and the Harris campaign so they can use it to troll him. I love the Mexican wall one. So true! How about he thought Kamala can only be Indian or Black, but not both.
YES Linda W, someone needs to explain tariffs to our former president who STILL doesn't seem to understand who actually pays the increased price arising from a tariff! Kinda like how he imagined Mexico would pay for his absurd wall.
Great point that could have been a subtle pin prick in the debate if applied at just the right moment.
The importer pays the tariff, which is then added to the consumer price. I want to know where the tariff money goes, after the importer pays it. Does it go somewhere in the U.S. Treasury? Gosh, if it does, then as Trump implies, it can cover the cost of the tax cuts for the wealthy and corporations. What a clever way to get consumers to subsidize benefits to the wealthy, meanwhile paying federal, state, and local taxes as usual.
John, I think we should make a list of all the absurd things that Trump thinks, has thought (ie Haitians eating cats and dogs in Ohio), and send it to The Lincoln Project and the Harris campaign so they can use it to troll him. I love the Mexican wall one. So true! How about he thought Kamala can only be Indian or Black, but not both.
Another Trump-doesnt-know-what-heтАЩs-talking-about list?
The incompetency list is amazing!