The government will take trillions from the American populous, then when all manufacturing comes back to the US, tariff revenue will drop to zero. But Americans will still pay the higher prices to the corporations.
This basically distills the tariff gambit down to its one-two punch of wealth transfer:
a tax on consumption (to offset huge tax breaks for the wealthy), followed by
higher prices for domestically produced goods (to increase profits for the wealthy)
At some point normal people are going to lash out en masse and it’s not going to go well for the super wealthy. Why can’t they just pay their fucking taxes?
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u/Suspicious_Bicycle 1d ago
The government will take trillions from the American populous, then when all manufacturing comes back to the US, tariff revenue will drop to zero. But Americans will still pay the higher prices to the corporations.