Fueling the discussion here is Trump has proposed massively raising tariffs, w/ 10% duty on all imports
Debate they're having: Then what to do with potentially trillions in new revenue?
Discussions center on tax cuts, potentially corporate + individual
@BoastfulSenateGreen8mos8MO
A tariff is a tax. Full stop. Trump is planning to raise taxes on every American.
@PoliticYakDemocrat8mos8MO
There are many small businesses that rely on raw materials that are only from foreign countries to make their products. It will put them & their suppliers out of business. My wife works for a small import company. They stopped getting items from China because of the tariffs.
@BoastfulSenateGreen8mos8MO
Exactly. Companies will pass on the tariff to consumers.
@PoliticYakDemocrat8mos8MO
The average Trump voter:
"He looks out for the little guy!"
Trump:
1) Lowers taxes for big corporations
2) New tariffs on imports, which raise prices on everything you find at Walmart and Dollar General
@BoastfulSenateGreen8mos8MO
More welfare for the rich. How much profit is enough? It is time to raise the corporate & upper tax bracket higher and start prosecuting tax cheaters with prison sentences. It is unfair for corporations & the 1% to not pay any tax or get refunds.
