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by whoitwas 472 days ago
There plan that passed the house is to reduce income tax on households that make over $360000 annually. So we're shifting that burden to consumers who spend a much larger percentage of their income on the goods subject to tariffs? And why tariff our good allies instead of enemies?
2 comments

So they're adding massive cuts for the very wealthy and pushing that tax burden onto the middle and lower class.

Classy.

It's been the standard, incrementally implemented policy of both parties since the 1980s. The Republicans have been worse about it, but the Democrats hands are far from clean here.
Higher trade value with friends then enemies (except China which is already tariffed)