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u/DesdemonaDestiny 22h ago
Not to mention he just imposed the single biggest tax increase in american history. Tariffs are actually taxes!
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u/GTM309 15h ago
We are finally taxing the rich. About damn time.
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u/AngryCur 15h ago
Um, no. That’s not who pays tariffs.
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u/GTM309 14h ago
No? Explain? I thought things like VAT and Tariffs disproportionately tax the rich over the poor.
The rich can avoid taxes with various loopholes, it's not like they ever pay income tax. But they DO buy goods. So now their more expensive purchases like luxury items will be more expensive due to tariffs.
Or am I missing something?
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u/AngryCur 4h ago
Nope. The poor spend all of their income so they pay tax on every dollar. The rich save lots of theirs and so pay less of their income of taxes. That makes it regressive
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u/omegaxcross 1d ago
But he will make us all richer somehow right? 😑
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u/TipTopBeeBop 1d ago
Sure…right after we get back the $6,000,000,000,000.00 loss the last 2 market sessions. /s
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u/Musetrigger 20h ago
Actually, my preacher said Soros did it, and I would go to Hell if I didn't fall in line with God King Trump.
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u/Impressive-Toe3470 23h ago
Tariffs are directly to blame for the drop in the market. But Market≠Economy. Let’s just see how it plays out. Hoping for the best.
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u/CelebrationSquare 11h ago
Do the same but with the price of agricultural products. MAGA may not care that much about the stock market. Try $XXX billions in soybean/corn/pork income.
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u/Les_Rhetoric 19h ago
What this adds up to is that Trump was expected to get something done and the Market bet on it. How about showing the top 10 single-day stock market rises for the DJIA, including presidents elected but not yet in office. I'll bet you won't show it.
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u/Primos84 1d ago
I’m constantly told that the president don’t control the stock market, but they do when it fits a narrative
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u/Upstairs-Bathroom494 23h ago
This is the good take, as we've seen the market didn't react at all to trumps talks and tariffs
You're almost at self realization
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u/hartshornd 1d ago
It’s amazing how small the number of people that know that the stock market also goes down.
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u/Upstairs-Bathroom494 23h ago
It's about speed and how fast, I know it's crazy to maybe do some thinking for yourself but let's try
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u/hartshornd 22h ago
There’s this weird thing called rebound that is a strange concept for some.
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u/Upstairs-Bathroom494 22h ago
Yeah, the market rebounded in 1934 from when it started in 1929....
Again, it's about how fast and far.... A tennis ball rebounds from 6ft the same way as it being dropped from 60ft
If you want to be sarcastic, make sure it's full proof or you just look like an idiot
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u/hartshornd 22h ago
Well if history is a factor then Jim Cramer has said this will be equivalent to black Monday but he’s never wrong right?
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u/Upstairs-Bathroom494 22h ago
I wouldn't take advice from him Cramer, I don't keep up with him but right before the tariffs destroyed the market Friday he was all cheering for trumps tariffs saying it was a good thing
Crazy how people quickly change their stance so they can swendle people
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u/hartshornd 22h ago
Keep doom fetishizing bro, go outside and you’ll see the sky isn’t falling in a year when it’s “all time highs” you can blame someone else for whatever you deem fitting.
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u/Upstairs-Bathroom494 22h ago
I'm not doom fantasying, I'm just trolling maga.
Will you help me get outside? I'm just afraid I'll see a lardass billionaire golfing for the 320th time while dead soldiers come home
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u/hartshornd 22h ago
Would you prefer him eating ice cream falling up stairs? I’ll let you in on a well known secret: the government doesn’t give a single shit about veterans only how much blood they can squeeze to then claim it’s not service related.
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u/Upstairs-Bathroom494 22h ago
Be honest, have you ever tripped going up stairs? I mean you should put that in your tinder bio, I've never tripped in my life.
Have you ever tripped going down a very slight decrease ramp? (Google trump going down ramp, if you don't know what a ramp is, it functions like a staircase but there's no obstacles to trip over)
Funny how soldiers don't matter now once trump says they don't matter, I mean golf is more important
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u/NeverEvaGonnaStopMe 19h ago
Ah the GOP the party of "nobody gives a fuck about veterans" now apparently.
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u/NeverEvaGonnaStopMe 19h ago
!RemindMe 1 year
1
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u/DMineminem 13h ago
Yeah, the loudest would probably be one Donald Trump who tweeted about it fucking constantly for years.
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u/djrndr 1d ago
So much winning!