Trump's Tariffs the Biggest Tax Increase Since Slick Willie

[Toro]

If implemented.

But his slavish worshippers who believe everything their Orange God tells them defends tax increases.

• The combined $72 billion in revenue from all the president’s tariffs ranks as one of the biggest tax increases since 1993, according to CNBC analysis of data from the Treasury Department.
• The tariff revenue ranks as the largest increase as a percent of GDP since 1993 when compared with the first year of all the revenue measures enacted since then, according to the data.
  
  

Trump's tariffs are equivalent to one of the largest tax increases in decades

 

[Oddball]

Yes they are...Stupid shit.

But it gives a moment of lucidity to the moonbats, as they bemoan how high taxes hurt those at the lower end of the earnings scale the most.

Now would be a good time to start bookmarking and screen grabbing posts.

 

[toobfreak]

Trump's Tariffs the Biggest Tax Increase Since Slick Willie

Cook it however you wish, but whereas a tax is usually forever, tariffs are merely a TOOL. Once they achieve their desired ends, they go away. And eventually if they DON'T achieve their desired ends and are clearly causing more harm than good over the long haul, they go away. Curious though that historically, our periods of greatest GDP coincided with high tariffs. Hmm.

 

[Oddball]

Trump's Tariffs the Biggest Tax Increase Since Slick Willie

Cook it however you wish, but whereas a tax is usually forever, tariffs are merely a TOOL. Once they achieve their desired ends, they go away. And eventually if they DON'T achieve their desired ends and are clearly causing more harm than good over the long haul, they go away. Curious though that historically, our periods of greatest GDP coincided with high tariffs. Hmm.

View attachment 262459

The end of Bretton Woods also coincides with a time when the German and Japanese industries were finally getting up to capacity suitable for export, after being bombed back to the 1880s in WWII.

 

[Bleipriester]

Trump's Tariffs the Biggest Tax Increase Since Slick Willie

Cook it however you wish, but whereas a tax is usually forever, tariffs are merely a TOOL. Once they achieve their desired ends, they go away. And eventually if they DON'T achieve their desired ends and are clearly causing more harm than good over the long haul, they go away. Curious though that historically, our periods of greatest GDP coincided with high tariffs. Hmm.

View attachment 262459

The end of Bretton Woods also coincides with a time when the German and Japanese industries were finally getting up to capacity suitable for export, after being bombed back to the 1880s in WWII.

Germany was Europe´s economic power No 1 by 1925 again.

 

[Toddsterpatriot]

Trump's Tariffs the Biggest Tax Increase Since Slick Willie

Cook it however you wish, but whereas a tax is usually forever, tariffs are merely a TOOL. Once they achieve their desired ends, they go away. And eventually if they DON'T achieve their desired ends and are clearly causing more harm than good over the long haul, they go away. Curious though that historically, our periods of greatest GDP coincided with high tariffs. Hmm.

View attachment 262459

The end of Bretton Woods also coincides with a time when the German and Japanese industries were finally getting up to capacity suitable for export, after being bombed back to the 1880s in WWII.

Germany was Europe´s economic power No 1 by 1925 again.

Link?