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(54,890 posts)

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

Reply to Aviation Pro (Original post)

Mon Mar 31, 2025, 08:57 AM

Monday

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.

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Bernardo de La Paz raging moderate brakester Paper Roses Wednesdays

23 replies

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Highlight:

"And many Republicans see tariffs as a means to pay for extending Trump's tax cuts." [View all] Aviation Pro Monday OP

I do not see how inflation gab13by13 Monday #1

Since Jan. 20th or so, I'm only buying essentials and helping family wolfie001 Monday #7

They won't, of course krkaufman Monday #14

Here is how I see it working whopis01 Monday #22

They are spinning the tariffs as being a tax cut Blue Full Moon Monday #2

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

To Canada, only 34% of the voting pool pulled the lever for that fat orange moron wolfie001 Monday #8

My protest sign for this weekend Blue Full Moon Monday #10

That's the way. Short, sweet, very understandable. +1 . . . . . nt Bernardo de La Paz Monday #12

Math is not their strength. C_U_L8R Monday #3

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

Econ geniuses think swapping tariff tax for income tax is worth the cost of tanking the economy Bernardo de La Paz Monday #4

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

Old King George learned a thing or two about tariff-taxes bucolic_frolic Monday #9

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

They will fail miserably. twodogsbarking Monday #13

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

I'll Add This modrepub Monday #23

Alexander Hamilton initially wanted tariffs to fund the centralized government Deminpenn Monday #16

Who do they think pays tariffs? IronLionZion Monday #17

Mexico will after they finish paying for the wall. Ray Bruns Monday #18

Whereas in Canada our PM (if elected) Bev54 Monday #20

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