"And many Republicans see tariffs as a means to pay for extending Trump's tax cuts."

[Aviation Pro]

And there you have it, these oxygen thieves are using tariffs as a tax hike on consumers to pay for their billionaire patron's tax cuts.

Bet you didn't see that coming, you fucking MAGAts. Bet you didn't read Project 2025, you fucking undereducated dolts.

Here, let me extend my hand out to help.

Yoink, nope. Suffer and die like the rest of us, fuckwads.

https://www.msn.com/en-us/money/markets/brace-for-impact-america-trump-s-tariffs-will-soon-hit-your-bank-accounts-opinion/ar-AA1BZ5du?ocid=msedgntp&pc=DCTS&cvid=12d50b8faedc4c1092fdb05107aff09b&ei=15

[gab13by13]

1. I do not see how inflation

will pay for tax cuts to billionaires? Consumers will cut back on spending.

[wolfie001]

7. Since Jan. 20th or so, I'm only buying essentials and helping family

That's it. Not until the fat orange menace is dead or gone will I loosen the wallet. Not a penny more. Shopping Union too. FUCK WALMART!

[krkaufman]

14. They won't, of course

They’re just using the standard GOP approach of banking imagined revenues in order to justify and balance the lost federal income from the tax cuts.

[whopis01]

22. Here is how I see it working

When you say that "consumers will cut back on spending", I think it is more correct to say "consumers will cut back on purchasing".

Meaning that they will be spending the same amount, just getting less for it. Consumers have a limited budget to spend from. As prices increase across the board, a larger percentage of that money will be spent on essentials. So spending doesn't really go down - just what you get for that amount of money goes down.

In the case of tariffed products, the additional cost is a tax, paid for by the consumer. Those consumers are receiving the same income and paying the same income tax - so this is in addition to what taxes they would have paid otherwise. So there are your additional taxes to offset cuts elsewhere.

The lower you are on the income scale, the greater a percentage of your budget goes towards essentials. That means you have less choices to reduce spending, or even invest instead of spending. The higher percentage of essentials in your budget, the harder you will be hit by this and the more taxes you will end up paying.

[Blue Full Moon]

2. They are spinning the tariffs as being a tax cut

[Bernardo de La Paz]

5. Tariffs are taxes. I usually write "tariff tax" instead of just "tariff", to make the point clear and repeat it. . . nt

[wolfie001]

8. To Canada, only 34% of the voting pool pulled the lever for that fat orange moron

Our problem is the Electoral College and Rupert Murdoch. Enter the illegal alien Elon Musk and the rest is

[Blue Full Moon]

10. My protest sign for this weekend

Trump's tariff taxes. Highest tax hike in US history.

[Bernardo de La Paz]

12. That's the way. Short, sweet, very understandable. +1 . . . . . nt

[C_U_L8R]

3. Math is not their strength.

But concocting idiotic schemes sure is.

[Justice matters.]

19. And conning their idiots into believing they care for them while all they want is their money.

Their math is good on that, their suckers fall for their lies all the time.

[Bernardo de La Paz]

4. Econ geniuses think swapping tariff tax for income tax is worth the cost of tanking the economy

Further, tariffs are a regressive tax: who buys cheap vacuum cleaners at Walmart? Not Bessent, Johnson, Lutnick, Mucus, or tRump.

[BoRaGard]

6. "Ha ha. American proles are Suckers and Losers. Ha ha." - G.O.P.

"And now, back to our gourmet golfing. Ha ha." - G.O.P.

[bucolic_frolic]

9. Old King George learned a thing or two about tariff-taxes

Surprised Trump is so unaware.

[unblock]

11. Tariffs and retaliatory tariffs mean less growth or even contraction, which means less tax revenue and more outgoing aid

Tariffs are a net negative on federal finances.

Tax cuts can stimulate the economy, but giving it to the rich, especially by merely extending current law, is extremely inefficient because the rich are the most likely to invest overseas, which doesn't help us, compared to giving it to the poor, who are the most likely to spend it here, which does help us.

But of course the media parrots the Republican line and will tell us deficits down matter anyway.

[twodogsbarking]

13. They will fail miserably.

[surfered]

15. Ok, as usual, I'm confused by Republican thinking...

…They claim the purpose of the tariffs on foreign goods is to make them more expensive and we will choose to buy American products. But if we buy only American goods, then we wouldn’t pay any tariff and there would be no additional tax revenue.

But if we still buy foreign goods and pay the tariffs, generating all that tax revenue, why does their budget still require raising the debt ceiling by $4 trillion?

Anyone, anyone, Bueller?

[modrepub]

23. I'll Add This

Google US tax revenue. It came back at $4.9T in 2024ish. Total value of imported goods in 2023 was like $3.3T.

So if the IRS will under collect by $500B and tariffs rates are on the order of 25%, how will this pay for everything?

[Deminpenn]

16. Alexander Hamilton initially wanted tariffs to fund the centralized government

he envisioned and got them. The trouble came when imports drastically declined along with the tariff revenue attached to them and so did the money to pay for government operations.

[IronLionZion]

17. Who do they think pays tariffs?

it's fun watching MAGAts try to answer that one.

[Ray Bruns]

18. Mexico will after they finish paying for the wall.

[Bev54]

20. Whereas in Canada our PM (if elected)

Has promised, $ earned from reciprocal tariffs will be used to help people and companies affected by the trade war.

[Autumn]

21. I've been buying things that I think might need to be replaced since he started his

tariff bullshit. I'm thinking I'll be fine.