• 1 Post
  • 727 Comments
Joined 1 year ago
cake
Cake day: June 2nd, 2023

help-circle











  • A lot of comments here suggest people didn’t read the article. It’s pretty clear he intends to increase tarifs, and that would substitute income tax. Hey even MAGAS as demented as trump still gotta fund that war machine somehow.

    As for how effective it could be? Well it’s at least interesting, as it will effectively be a 75% consumption tax on manufactured goods as a replacement. This would probably reduce consumption (great), crash manufacturing (bad), and boost white collar sectors (especially finance).

    Basically this will negatively impact blue collars, and benefit white collars and the rich. Oh look, the big con continues.