Americans Bear Almost All the Cost of Trump Tariffs, Study Shows “Foreign exporters did not meaningfully reduce their prices in response to US tariff increases,” a report released Monday by the Kiel Institute for the World Economy said. “The $200 billion surge in ...

For anyone who thought tariffs made economic policy sense, they DON'T and US businesses and consumers are footing the bill.

finance.yahoo.com/news/america... #consumers #consumptiontax #economicpolicy #economics #maga #passthrough #stupid #tariffs #trump #wtf

What if we taxed what people spend, not what they earn? | The-14 What if taxes targeted spending, not income? A progressive consumption tax could boost savings, productivity, and wages while protecting households fairly.

What if we taxed what people spend, not what they earn?
#Business #Economy #Taxation #IncomeTax #TaxReform #ProgressiveTax #ConsumptionTax #Economics #Saving #FinancialSecurity #WealthDistribution #FiscalPolicy #EconomicGrowth #IncomeInequality #The14
the-14.com/what-if-we-t...

A friend who is retired and works part time just had to raise the price on a high quality imported line of products 33% at his job and that’s on top of the price being raised earlier this year.

#Tariffs
#Trumptax
#Consumptiontax
#Inflation
#Highprices
#Youaregoingtopay

Back door tax hikes while cutting for billionaires. #ConsumptionTax #ExciseTax #IllegalTaxHike

A consumption tax is basically a tax you pay when you buy something, whether it’s a product or a service #finsurlog #finance #consumptiontax
Read more at: finsurlog.com/what-is-cons...

6 months

It took 6 months to completely tank an historically strong economy

#economy #gdp #trump #tariffs #tradewar #isolationism #negativegrowth #consumptiontax #dictator #classwar #resist #deny #rebel #revolt #depose

Scott Bessent suggests a consumption tax should replace income taxes

So this guy was just approved…

#ConsumptionTax doesn’t sound like it would be very helpful to every day Americans.

#ScottBessent

www.undergroundusa.com/p/trumps-inc...

#Trump #Tariffs #Taxes #VAT #ConsumptionTax #IncomeTax #IRS #Harris #DeepState #AmericanFifthColumn #Government #Biden #Marxism #Election2024 #Election #Trump #Disinformation #Media #MAGA #GOP #Podcast #Constitution #USA #Woke #Democrats #Politics #Truth

broad excise tax is a smaller drag on growth than an income tax that raises the same amount of revenue."

#tax #economics #consumptionTax

ht Cyril Morong

via https://fediscience.org/@davdittrich/111686438855691099 2/2