Godfrey642<p><span class="h-card" translate="no"><a href="https://toad.social/@wdlindsy" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>wdlindsy</span></a></span> </p><p>Trumps tax-talk is deliberate. </p><p>Trump claims to MAGAs and voters, that with tariffs, he can generate as much money from other nations as the amount generated by US citizens at home from income tax.</p><p>Except we know that the tariff trope is a myth.<br>The monies generated are paid initially by the importing US-based companies. Those importers then pass the tariff fees to the US customers. <br>The tariff money generated is in fact an INDIRECT tax. </p><p>Income tax by comparison is a DIRECT tax, which Trump is now saying he intends to abolish and replace with tariff money aka INDIRECT tax. </p><p>With tariffs on Chinese imported goods at well over 100% and tariffs on other countries anything from 10-60% , the average American could pay well over double on their purchases. </p><p>To someone like Musk paying $250 × 2 on a weekly food shop, is nothing; a tiny percentage of their monthly disposable income. <br>However $250 × 2 to someone on minimum wage, with two jobs, is a massive % increase of their disposable income. <br>Add to that increases in fuel, car parts, household goods, clothes, building materials etc etc which will hit the average working/middle class Americans VERY hard. </p><p>So would the average citizen rather pay the set % that determines their income tax? <br>OR a random fluctuating purchase taxes (aka tariffs) that are applied randomly by retailers on EVERYTHING they buy ?</p><p>Additionally...<br>WHAT happens when Trump supposedly brings ALL manufacturing back to USA? No more tariffs from overseas... so no more tariffs passed from importer to customer. <br>So what's going to fill the federal coffers with all those millions of dollars ???</p><p>And.... what happens if workers get manufacturing jobs making chips/ machine parts/ cars/ clothes at the same minimal wage as Chinese workers? American factory workers will have even less disposable income to pay for ask those goods at double the price. </p><p>None of this Trump nonsense adds up.<br>Of course. </p><p><a href="https://aus.social/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspol</span></a> <a href="https://aus.social/tags/uspolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspolitics</span></a> <a href="https://aus.social/tags/trumptariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumptariffs</span></a> <a href="https://aus.social/tags/trumpisinsane" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumpisinsane</span></a> <a href="https://aus.social/tags/trumpcorruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumpcorruption</span></a> <a href="https://aus.social/tags/usaisafasciststate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>usaisafasciststate</span></a></p>