Trump Set to Whack US Working Class With Historic $2,000 Tax Hike | Common Dreams
www.commondreams.org
There is an old saying in Washington that if you want to understand politicians, look at what they do, not what they say. On that front there is no ambiguity. The Republican president is imposing big new taxes, and he is doing it in a way that does not require congressional approval.

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.

  • Buffalox@lemmy.world
    0·
    2 months ago

    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?

    • Dagwood222@lemm.ee
      0·
      2 months ago

      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.

      • timbuck2themoon@sh.itjust.worksEnglish
        0·
        2 months ago

        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.

    • Sc00ter@lemm.ee
      0·
      2 months ago

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

      -bad faith trolls