tariffs will wipe out any gains from tax cuts for average american

[strollingbones]

The full force of the Chinese and Mexican tariffs and subsequent retaliation would mean that consumers are facing an additional $3,994 in costs because of tariffs, more than four times the $930 tax cut for middle earners that the Republican Party touts as its signature legislative achievement under Trump.

These comparisons attempt to measure the direct benefit to households of the tax cuts -- including larger paychecks -- with the direct and indirect effects of tariffs, including lost jobs, higher prices, and retaliatory tariffs from trading partners.

The tariffs are “clearly demolishing” the benefits of the tax cuts for both businesses and consumers, said Daniel Ikenson, who directs trade policy at the libertarian Cato Institute. “Many households and consumers have been spared so far, but the next round of tariffs will be more problematic.”

Trump’s Tariffs Have Already Wiped Out Tax Bill Savings for Average Americans

 

[sparky]

I've been getting pre tariff spam for months from suppliers

so basically it's the same tired reganista trickle down scenario

American manufacturers are supposedly going to bloom from sea to shining sea with competitive in country non tariff goods

What comes around goes around.....

~S~

 

[xband]

The full force of the Chinese and Mexican tariffs and subsequent retaliation would mean that consumers are facing an additional $3,994 in costs because of tariffs, more than four times the $930 tax cut for middle earners that the Republican Party touts as its signature legislative achievement under Trump.

These comparisons attempt to measure the direct benefit to households of the tax cuts -- including larger paychecks -- with the direct and indirect effects of tariffs, including lost jobs, higher prices, and retaliatory tariffs from trading partners.

The tariffs are “clearly demolishing” the benefits of the tax cuts for both businesses and consumers, said Daniel Ikenson, who directs trade policy at the libertarian Cato Institute. “Many households and consumers have been spared so far, but the next round of tariffs will be more problematic.”

Trump’s Tariffs Have Already Wiped Out Tax Bill Savings for Average Americans

$3,994 is nothing more or less than chump change.

 

[sparky]

and 50 billion is Trump change.....

Trump Taxes $200 Billion in Chinese Goods 25% - Americans Pay Him $50 Billion - MarketShadows

~S~

 

[xband]

and 50 billion is Trump change.....

Trump Taxes $200 Billion in Chinese Goods 25% - Americans Pay Him $50 Billion - MarketShadows

~S~

Arithmetic is obviously not your forte. : )

 

[strollingbones]

so to the trumpers now...4 k is just chump change....or the difference in making rent

 

[xband]

so to the trumpers now...4 k is just chump change....or the difference in making rent

Trumpster is a disparaging word. If you did not plan for your future then you suck hind teat which makes you a runt.

 

[sparky]

and 50 billion is Trump change.....

Trump Taxes $200 Billion in Chinese Goods 25% - Americans Pay Him $50 Billion - MarketShadows

~S~

Arithmetic is obviously not your forte. : )

nor yours... ~S~

 

[Cellblock2429]

The full force of the Chinese and Mexican tariffs and subsequent retaliation would mean that consumers are facing an additional $3,994 in costs because of tariffs, more than four times the $930 tax cut for middle earners that the Republican Party touts as its signature legislative achievement under Trump.

These comparisons attempt to measure the direct benefit to households of the tax cuts -- including larger paychecks -- with the direct and indirect effects of tariffs, including lost jobs, higher prices, and retaliatory tariffs from trading partners.

The tariffs are “clearly demolishing” the benefits of the tax cuts for both businesses and consumers, said Daniel Ikenson, who directs trade policy at the libertarian Cato Institute. “Many households and consumers have been spared so far, but the next round of tariffs will be more problematic.”

Trump’s Tariffs Have Already Wiped Out Tax Bill Savings for Average Americans

/——-/ They are temporary until a deal is made like the one with Mexico. But you already knew that, TDS

 

[xband]

.

and 50 billion is Trump change.....

Trump Taxes $200 Billion in Chinese Goods 25% - Americans Pay Him $50 Billion - MarketShadows

~S~

Arithmetic is obviously not your forte. : )

nor yours... ~S~

Lame Reply and do you need help writing Proper English? xband will explain the nuisances of the English Language for mere Trump Change.

 

[sparky]

Explain how taxing the masses helps the masses assume a better economy is the OP's aim X

you've the floor sir....


~S~

 

[Cellblock2429]

and 50 billion is Trump change.....

Trump Taxes $200 Billion in Chinese Goods 25% - Americans Pay Him $50 Billion - MarketShadows

~S~

/—-/ We’re still waiting for libtards solution to Chinese high tariffs on US goods and their theft of IP.

 

[sparky]

and 50 billion is Trump change.....

Trump Taxes $200 Billion in Chinese Goods 25% - Americans Pay Him $50 Billion - MarketShadows

~S~

/—-/ We’re still waiting for libtards solution to Chinese high tariffs on US goods and their theft of IP.

I only see superfiscial 'feel good' solutions , nothing addresses the long term impact

no political stripe need apply eh?

~S~

 

[Picaro]

Nobody cares if guacamole goes up 5 cents, or Christmas lights go up 8 cents, etc. The stupid left wing arguments re tariffs are silly and ridiculously hysterical nonsense. Trade deficits have been far worse than small tariffs ever will be, and protecting and rebuilding our domestic steel and composites and tech manufacturing is essential to our defense and domestic economy. Of course, that's why left wingers, traitor scum, and Wall Street shills hate it and peddle the silliness in the first place.

 

[Wyatt earp]

The full force of the Chinese and Mexican tariffs and subsequent retaliation would mean that consumers are facing an additional $3,994 in costs because of tariffs, more than four times the $930 tax cut for middle earners that the Republican Party touts as its signature legislative achievement under Trump.

These comparisons attempt to measure the direct benefit to households of the tax cuts -- including larger paychecks -- with the direct and indirect effects of tariffs, including lost jobs, higher prices, and retaliatory tariffs from trading partners.

The tariffs are “clearly demolishing” the benefits of the tax cuts for both businesses and consumers, said Daniel Ikenson, who directs trade policy at the libertarian Cato Institute. “Many households and consumers have been spared so far, but the next round of tariffs will be more problematic.”

Trump’s Tariffs Have Already Wiped Out Tax Bill Savings for Average Americans

Wrong

Don't buy Mexican and Chinese goods


.

 

[sparky]

Try running a biz , and get back to us on that Picaro

~S~

 

[sparky]

The full force of the Chinese and Mexican tariffs and subsequent retaliation would mean that consumers are facing an additional $3,994 in costs because of tariffs, more than four times the $930 tax cut for middle earners that the Republican Party touts as its signature legislative achievement under Trump.

These comparisons attempt to measure the direct benefit to households of the tax cuts -- including larger paychecks -- with the direct and indirect effects of tariffs, including lost jobs, higher prices, and retaliatory tariffs from trading partners.

The tariffs are “clearly demolishing” the benefits of the tax cuts for both businesses and consumers, said Daniel Ikenson, who directs trade policy at the libertarian Cato Institute. “Many households and consumers have been spared so far, but the next round of tariffs will be more problematic.”

Trump’s Tariffs Have Already Wiped Out Tax Bill Savings for Average Americans

Wrong

Don't buy Mexican and Chinese goods


.

Right.....

because India and Middle eastern goods are so much better.....

~S~

 

[Wyatt earp]

The full force of the Chinese and Mexican tariffs and subsequent retaliation would mean that consumers are facing an additional $3,994 in costs because of tariffs, more than four times the $930 tax cut for middle earners that the Republican Party touts as its signature legislative achievement under Trump.

These comparisons attempt to measure the direct benefit to households of the tax cuts -- including larger paychecks -- with the direct and indirect effects of tariffs, including lost jobs, higher prices, and retaliatory tariffs from trading partners.

The tariffs are “clearly demolishing” the benefits of the tax cuts for both businesses and consumers, said Daniel Ikenson, who directs trade policy at the libertarian Cato Institute. “Many households and consumers have been spared so far, but the next round of tariffs will be more problematic.”

Trump’s Tariffs Have Already Wiped Out Tax Bill Savings for Average Americans

Wrong

Don't buy Mexican and Chinese goods


.

Right.....

because India and Middle eastern goods are so much better.....

~S~

So you trying to suggest the number 2 manufacturer of products don't make anything ?

 

[xband]

Explain how taxing the masses helps the masses assume a better economy is the OP's aim X

you've the floor sir....


~S~

Sry, I got on a Tangent but did not get on a Secant.

 

[Picaro]

Try running a biz , and get back to us on that Picaro

~S~

Try learning arithmetic and knowing what you're babbling about and get back to us. Increasing your skills at lying might improve and get you a good Commissar gig if Democrats ever get back in power and need a concentration camp staffer.