@mileshampton: Trump wants tariffs so that he doesn’t have to tax billionaires. Here’s a breakdown on how that works.

Hampton
Hampton
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Region: US
Friday 25 October 2024 00:27:39 GMT
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trinmacmom
trinmacmom :
Thank you for explaining it but folks will still be like naw
2024-10-25 14:32:35
29414
lowk3y.mitchell
lowk3y.mitchell :
Honestly, I did not know this
2024-10-25 01:39:56
6597
mahamadousylla961
mahamadousylla961 :
very great analysis
2025-01-24 11:11:35
0
ab.des10
Des :
And they still ain’t raising the pay per hour
2024-10-25 20:48:48
11177
xaommox
aommo :
$1600 a year? You can lose that much in income tax a week. I think we'll be fine
2024-10-26 13:57:20
468
armwrestlinggoku
Cody Wood :
you effectively told us how tariffs work, without telling us how they work. let's say apple and android were both American companies, and both their phones were 1000$ but Apple threatens to leave so
2024-10-26 22:48:51
7
parlarewithchrissy
Parlare :
Do more explanation are key this election
2024-10-25 00:44:27
1137
qialanique
uniquely lanique ♡︎ :
More explanations like this pls. It’s so necessary for us who feel overwhelmed with all this lol
2024-10-25 16:36:40
1564
sareh_p
Pao :
Ok but wouldn’t that create more manufacturing in us = jobs in US?
2024-10-26 17:43:34
2
allykins843
✨Ally✨ :
A lot of people don’t know this
2024-10-25 20:35:24
547
the_transbian_dru
The_transbian_druid :
I didn't know how this worked, thanks for the info!
2024-10-25 14:36:30
702
yourlocalshoes
Yourlocalshoes :
Currently in a macroeconomics class, when we covered the chapter on tariffs I put two and two together and I was like wtf😅
2024-10-26 17:26:49
680
tjamaican6
Me :
most people don't know this!
2024-10-25 20:03:04
2773
shineonfred
ShineOn :
It can cost more however it brings jobs back to America and lets us be more competitive in the world market.
2024-10-25 15:44:46
50
logndogn
logn :
this is def a valid argument i just feel like we would end up having to use more onshore labor which is better for not abusing third world countries
2024-10-26 16:22:05
1
jerseypiney
South Jersey Piney :
Wouldn’t it force America to build things in America and it would be cheaper with eliminating income tax?
2024-10-27 15:06:40
35
dalton.sinn
Dalton Sinn :
so we ain't gonna talk about if company's move to America they don't get taxed, like stop spreading propaganda, if company's move over, like Toyota did. they won't get half to deal with tarriffs
2025-03-08 18:04:09
4
j.woodzz
Woodz :
Anyone else thought these companies would just make more manufacturing jobs in America? Other than that he’s got a point
2024-10-25 18:12:22
79
_lost_from_light
burley :
Question if he raises taxes on the billionaires and the companies wouldn’t they also raise prices.
2024-10-25 15:16:06
114
she2nice1
Shanice :
Wouldn’t the billionaires still raise prices on the products when they are taxed more?
2024-10-25 19:45:34
86
rat_ey3s
Epithet Erased my Beloved :
I’m sure we all learned what a tariff is, but idk if everyone is taught who has to pay it
2024-10-25 21:36:02
203
alexhoppergolf
alexhoppergolf :
Not to mention for stuff like cars, etc., the lower demand will cause companies to stop trading with the US, so say goodbye to everyone except for, ironically, Toyota, Honda and Hyundai (1/2)
2024-10-27 01:12:45
192
_glenn_quagmire
Nwh :
Ya but eventualy would it be cheaper to make them here creating more jobs in the long run
2024-10-27 07:29:31
7
selmalalove
Erica🩷 :
Thanks for this explanation.
2024-10-25 15:08:38
54
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