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] 51 points 1 day 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.

[–] HeyThisIsntTheYMCA 4 points 23 hours ago

critics are right

[–] [email protected] 111 points 1 day ago (2 children)
[–] [email protected] 17 points 1 day ago* (last edited 1 day ago) (1 children)

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

[–] [email protected] 14 points 1 day ago

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

[–] bluemite 17 points 1 day ago (1 children)

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

[–] AHamSandwich 40 points 1 day ago (1 children)

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

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[–] [email protected] 66 points 1 day 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 1 day 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] 178 points 1 day ago (11 children)

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

[–] Buffalox 70 points 1 day 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] 35 points 1 day ago (7 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.

[–] Buffalox 23 points 1 day 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] 21 points 1 day ago (2 children)

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

[–] [email protected] 18 points 1 day ago

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

[–] [email protected] 6 points 1 day ago

vance already checked

[–] AA5B 7 points 1 day 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?

[–] [email protected] 4 points 1 day ago

Awareness isn't a big thing for them. They've lived through Reaganomics since 1980 and still haven't noticed that none of the wealth is trickling down.

In 1980, 'middle class' was still one job supporting a family of four and $1 million was still a vast fortune. By the time Bush Sr's term was over, 'middle class' was two incomes to run a household and $1 million was what a rich guy paid for a party.

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[–] [email protected] 13 points 1 day 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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[–] takenaps 12 points 1 day ago (2 children)
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[–] ChonkyOwlbear 84 points 1 day ago

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

[–] [email protected] 66 points 1 day ago (1 children)

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

🐱🐱🐱🐱

[–] [email protected] 37 points 1 day ago

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

[–] Litebit 74 points 1 day ago* (last edited 1 day 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.

[–] Lucky_777 71 points 1 day ago

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

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[–] [email protected] 9 points 1 day ago

Congrats, USA!

[–] Buffalox 53 points 1 day 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] 25 points 1 day 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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[–] SleepyBear 29 points 1 day 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 1 day 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] 18 points 1 day ago

I call it “trickle down getting-fucked”

[–] Jhex 17 points 1 day ago

And pay $1,540 extr in actual income tax

[–] Snowclone 7 points 1 day 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 1 day 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.

[–] teamevil 10 points 1 day ago (3 children)

I'm not paying taxes for fucking musk to destroy the country.

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[–] blanketswithsmallpox 5 points 1 day ago

Trump Set to Whack US Working Class With Historic $2,000 Tax Hike

They updated the article FYI.

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