Republican Senator Admits Trump’s Tariffs Are ‘A Tax and It Will Be Passed on To Consumers’
Sen. Markwayne Mullin made a frank admission on Wednesday, telling CNN that President Donald Trump's tariffs are effectively a tax that consumers will be stuck paying.
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The real question is which consumers; I can't imagine that Trump is in the business of giving things away for nothing in return.
That’s what I’m saying man, where the Grif? Cause I know there must be one? How is Trump getting money from other countries having to pay more for our stuff, or having us pay more for theirs?
Or is this another Russia thing were Putin wants to distract from his invasion of Ukraine? Or maybe Putin just wants western economies to be stressed til the collapse?
the grift is built in. its going to pay for tax cuts for the ultra wealthy.
Wouldn’t the ultra wealthily have more wealth if the 90% of Americans could afford to buy more than just the basics + rent/utilities?
the top 10% of asset owners now account for 50% of all spending. this used to be ~30% years ago. discretionary spending by the vast majority of the population is in terminal decline.
your best bet to finish the extraction of wealth from the bulk of society is a (not so) hidden tax on necessities, and this is exactly what the tariffs are - a non congressionally approved tax.
tariffs, combined with the dismantling of public services and social security, will allow trump to fund his multi trillion $ tax breaks for his real base. you and I are the surplus thatbwill now be funnelled upwards.