r/wallstreetbets • u/s1n0d3utscht3k • Mar 03 '25

News Trump Officially Signs 20% Tariffs on China

https://www.barrons.com/news/trump-signs-order-for-20-tariff-on-china-w-house-d6fec57f
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u/noor1717 Mar 03 '25 edited Mar 03 '25

I’m pretty sure the middle classes taxes are going up under trumps plan too

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u/IrishPigs Mar 03 '25

They are. I think the income line where you start coming out on top is 300k.

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u/Boxofcookies1001 Mar 03 '25

Combined or single?

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u/yunnybun Mar 04 '25

Combined. 320k.

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u/Time_Definition_2143 Mar 04 '25

well duh, the lower class doesn't make enough for the taxes to satisfy the upper class

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u/SwampOfDownvotes Mar 04 '25

There hasn't been any officially recently revealed details about Trumps Tax plan.

Yes he is likely screwing the middle class and below, but anything about his "tax plan" that you see is with some older unofficial data. We will have to wait and see.