Trump's tariff revenue is on pace for another monthly record in June

[jknowgood]

When our country was funded almost entirely on tarrifs, the Post Office w]employed more than half the Federal payroll. There was no Social Security, Medicare, No FDA or CDC, no FBI,CIA,NSA, no Department of Agriculture, Commerce or Labor. The Army had less than 200,000 men, and the Navy consisted of a couple of dozen old ironclads rusting quietly at anchor.

Trump didn’t tell you that.

Instead, he told his flat earth sheep that tarrifs (which they pay) will erase taxes.

it’s a fantasy for parochial morons.

And one parent could stay at home and raise the kids. Not both having to work two jobs making sure the government could get bloated.

 

[theHawk]

When our country was funded almost entirely on tarrifs, the Post Office w]employed more than half the Federal payroll. There was no Social Security, Medicare, No FDA or CDC, no FBI,CIA,NSA, no Department of Agriculture, Commerce or Labor. The Army had less than 200,000 men, and the Navy consisted of a couple of dozen old ironclads rusting quietly at anchor.

Trump didn’t tell you that.

Instead, he told his flat earth sheep that tarrifs (which they pay) will erase taxes.

it’s a fantasy for parochial morons.

So we need to cut the government even more. Yup I agree.

 

[jknowgood]

Cost of doing business rarely jumps by 20-50% at a time.

Thanks to tRump, though...

The only thing I've seen is prices dropping, but all of your doom and gloom predictions about Trump has been wrong.

 

[Crepitus]

The only thing I've seen is prices dropping, but all of your doom and gloom predictions about Trump has been wrong.

So you don't get out much, I take it.

 

[LeftofLeft]

1999 and 2000.

Large drops in discretionary spending those years as well.

 

[candycorn]

When our country was funded almost entirely on tarrifs, the Post Office w]employed more than half the Federal payroll. There was no Social Security, Medicare, No FDA or CDC, no FBI,CIA,NSA, no Department of Agriculture, Commerce or Labor. The Army had less than 200,000 men, and the Navy consisted of a couple of dozen old ironclads rusting quietly at anchor.

Trump didn’t tell you that.

Instead, he told his flat earth sheep that tarrifs (which they pay) will erase taxes.

it’s a fantasy for parochial morons.

Of course the dumbfuck knows that....

 

[candycorn]

still missing the point, tariff copper, steel and aluminum which hurts our domestic producers, not rubber dildo's

You’ve probably been traumatized by rubber dildos.

Your post makes even less sense than your crazy assed economic theories.

 

[Slade3200]

Tariffs generate revenue for the government but often act as a hidden tax on consumers. When a tariff is imposed on imported goods, the importing country collects the tax from the importer. For example, U.S. Customs Service data shows tariffs generated $88.3 billion in revenue in 2022. However, importers typically pass these costs to consumers through higher prices. A 2019 study by the National Bureau of Economic Research found that U.S. consumers bore over 90% of the cost of tariffs on Chinese goods, with prices rising significantly for affected products like washing machines.The net effect depends on context. Tariffs can protect domestic industries, potentially saving jobs, but they raise costs for consumers and can disrupt supply chains. For instance, a 2020 Peterson Institute study estimated that Trump-era tariffs reduced U.S. GDP by 0.2% and cost 142,000 jobs due to higher input costs for manufacturers. Conversely, revenue from tariffs can fund government programs, but it’s a small fraction of total revenue—$88.3 billion in 2022 was about 2% of U.S. federal receipts.So, while tariffs bring in money for the government, consumers often pay the price through higher costs, making it a de facto tax. The trade-off depends on how the revenue is used and the economic goals, like protecting local industries versus minimizing consumer costs.

but...........many tariffs are on raw goods like steel, does it trickle down to where your ford might cost more? possible but how often do you buy a new vehicle to notice?

And who buys a new vehicle all the time? RICH people, not the poor

in a broader sense it's a hidden tax on the rich who can afford to pay a bit more, right?

is that not what democrats always want, tax the rich?

Taxes are government revenue as well. I don’t remember so called conservatives championing those methods of revenue generation. The price of cars and consumer goods is not a tax on the rich. Is the middle class and poor that feel it the most. The rich dont feel it.

 

[Slade3200]

Anything the government does is funded by the tax payers. You didn't know that? So when you say corporations aren't paying enough in taxes. You're really saying we the tax payers aren't paying enough. Because in the end, we the tax payers end up paying those extra taxes.

When did I say that about corporations? The line I hear is about the rich paying their fair share

 

[Blisterfinger]

Me? You're the one who is dodging the question.

Who's paying for it?

Just so stupid, wow

 

[Mac-7]

Tariffs are taxes, right?

Yes, and one I am happy to pay

 

[jknowgood]

When did I say that about corporations? The line I hear is about the rich paying their fair share

They already pay a majority of all taxes, what else you want them to do?

 

[Blisterfinger]

Yes, they are,

No, no they aren't

 

[Hollie]

Try not to use townhall.

Try not to be a moron.

 

[TimFitz]

And one parent could stay at home and raise the kids. Not both having to work two jobs making sure the government could get bloated.

In grinding poverty.

 

[Slade3200]

They already pay a majority of all taxes, what else you want them to do?

Buy me a Ferrari

 

[jknowgood]

In grinding poverty.

View attachment 1135403

Lol, not to most Americans. Also what has welfare done? Took the dad out of black families and increased poverty. Oh and increased crime, good going now normal Americans have to work two jobs to pay for it.

 

[jknowgood]

Buy me a Ferrari

Work get off government assistance and maybe you can earn the money to buy one.

 

[Slade3200]

Work get off government assistance and maybe you can earn the money to buy one.

I’m not on gov assistance

 

[Crepitus]

Just so stupid, wow

Yes, yes you are.

Don't worry though, nobody holds it against you.