Can MAGA Explain This One

Dante

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Trump threatens to impose more taxes on the American people. Why? Simply because he is pissed at the European Union. Can you believe this? I believe some people have been calling him a [fact]"dementia affected morn,"[fact], but be that as it may, it's undeniably more of Trump's promised chaos. Jeb Bush warned us.

Stocks pull back as oil prices rise
an hour ago / 5:13 PM ET
Lily Becker

The S&P 500 slipped Thursday after hitting an intraday record as oil prices rebounded and traders tracked developments of the U.S.-Iran conflict.

West Texas Intermediate crude rose about 1% above $95 per barrel and Brent crude topped $101 per barrel.

The Dow Jones Industrial Average also eased from record highs, while the Nasdaq declined alongside tech stocks.

and

 
Trump threatens to impose more taxes on the American people. Why? Simply because he is pissed at the European Union. Can you believe this? I believe some people have been calling him a [fact]"dementia affected morn,"[fact], but be that as it may, it's undeniably more of Trump's promised chaos. Jeb Bush warned us.

Stocks pull back as oil prices rise
an hour ago / 5:13 PM ET
Lily Becker

The S&P 500 slipped Thursday after hitting an intraday record as oil prices rebounded and traders tracked developments of the U.S.-Iran conflict.

West Texas Intermediate crude rose about 1% above $95 per barrel and Brent crude topped $101 per barrel.

The Dow Jones Industrial Average also eased from record highs, while the Nasdaq declined alongside tech stocks.

and

Do you have a link showing Trump is imposing more taxes on the American people?
 
Do you have a link showing Trump is imposing more taxes on the American people?
You really need to step outside of your media Bubble. We have a couple:

April 6, 2026 New from ITEP: Trump Tax Policies Raise Costs for Most Americans While Delivering Trillion-Dollar Benefits to the Wealthy

April 8, 2026Despite Any Refunds, You’re Probably Paying More Taxes Under Trump While Richest Pay Less

May 5, 2026 Tracking the Impact of the Trump Tariffs & Trade War



Gavin Newsom Reels
Gavin Newsom

Gavin Newsom · Original audio
$1,701. That's what Donald Trump's tariffs cost the average American household. The biggest tax hike of our lifetime — and it's hitting working people, small businesses, ranchers, and farmers the hardest.


massgovernor's profile picture
massgovernor

President Trump’s tariff taxes cost every family $1,700 – and the Supreme Court just ruled them unconstitutional.

Give Americans their money back.
 
You really need to step outside of your media Bubble. We have a couple:

April 6, 2026 New from ITEP: Trump Tax Policies Raise Costs for Most Americans While Delivering Trillion-Dollar Benefits to the Wealthy

April 8, 2026Despite Any Refunds, You’re Probably Paying More Taxes Under Trump While Richest Pay Less

May 5, 2026 Tracking the Impact of the Trump Tariffs & Trade War



Gavin Newsom Reels
Gavin Newsom

Gavin Newsom · Original audio
$1,701. That's what Donald Trump's tariffs cost the average American household. The biggest tax hike of our lifetime — and it's hitting working people, small businesses, ranchers, and farmers the hardest.


massgovernor's profile picture's profile picture
massgovernor

President Trump’s tariff taxes cost every family $1,700 – and the Supreme Court just ruled them unconstitutional.

Give Americans their money back.

The first link is just a flat out lie. The second link doesn't say anything about and new tax laws. The third link talks about tariffs, which are not taxes.
 
The first link is just a flat out lie. The second link doesn't say anything about and new tax laws. The third link talks about tariffs, which are not taxes.
Wrong, wrong, wrong...



 
What Is A Tariff And Who Pays It?
Where to begin?

What is a tariff?


A tariff is a tax on imported goods. Despite what the President says, it is almost always paid directly by the importer (usually a domestic firm), and never by the exporting country. Thus, if the US imposes a tariff on Chinese televisions, the duty is paid to the US Customs and Border Protection Service at the border by a US broker representing a US importer, say, Costco.

The Chinese government pays nothing, just as the US government pays no tax to Canada for that nation’s tariffs on imported dairy products. Rather, an importer or supplier for a Canadian supermarket pays the duty on Wisconsin cheese that lands in the grocer’s dairy counter (though I suspect few Canadian retailers are selling much US cheese these days, given the recent unpleasantness between the two countries).

Who actually pays the tariff?

OK, so the importer remits the tariff to its nation’s customs service, but who really pays the tax on imported goods? The answer, I am sorry to say is, it depends.

A business will, if it can, pass its higher after-tax costs on to consumers. Thus, the price of Chinese TVs sold in the US may rise rapidly. But the firms selling those TVs eventually will face competition from companies that sell lower-cost TVs made in a third country that is not subject to the import tax. In that case, some of the tax may be paid by the firm’s shareholders in the form of lower profits or by its workers in the form of lower compensation.

Or, the firm may switch to a non-Chinese supplier and, in effect, nobody will pay the tariff. Still, demand for imported goods subject to the tax won’t go to zero right away—so the government will collect some revenue from the import tax. That’s what the president was bragging about.

 
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