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> Tariffs increase prices to the benefit of domestic producers and benefits everybody. I think tariffs are a regressive tax brought on by the most economically
by analognoise 1y ago
> Tariffs increase prices to the benefit of domestic producers and benefits everybody.
I think tariffs are a regressive tax brought on by the most economically illiterate administration in living memory.
> What we will see is if prices are more important than building skills and wealth of our fellow citizens.
So instead of it being on the shoulders of the “wealthy job creators” who definitely earned it all fair and square and should keep every penny, it’s now on the poor and the average citizen?
These are just regressive policies that lead to outright social unrest , and a horrific distribution of wealth.
- jrs235 1y ago>I think tariffs are a regressive tax brought on by the most economically illiterate administration That's the kind interpretation. The maligned one is they are brought on by those who lust for power and control and realize those come from more wealth and tariffs increase wealth disparity, increasing their percentage of the whole higher even if the pie shrinks.