Tariffs; IT'S OFFICIAL!!!!!!

Phoenix68

Well-Known Member
Joined
Mar 12, 2022
Messages
17,835
"A new report from the Federal Reserve Bank of New York confirms what economists have long warned about: The burden of tariffs is borne almost entirely by the people living in the country that imposes them.
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That simple fact — now learned experientially in
21st century America — is an Econ 101 lesson as foundational as supply and demand. "Twas ever thus!"
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U.S. businesses and consumers, last year, paid for nearly 90% of 2025’s import taxes, the Fed branch found. That’s hardly surprising: The National Bureau of Economic Research and the Congressional Budget Office recently found roughly the same thing."
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I think it's time we re-evaluate. MAGATS no longer require their Protected status.
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Werbung:
"A new report from the Federal Reserve Bank of New York confirms what economists have long warned about: The burden of tariffs is borne almost entirely by the people living in the country that imposes them.
.
That simple fact — now learned experientially in
21st century America — is an Econ 101 lesson as foundational as supply and demand. "Twas ever thus!"
.

U.S. businesses and consumers, last year, paid for nearly 90% of 2025’s import taxes, the Fed branch found. That’s hardly surprising: The National Bureau of Economic Research and the Congressional Budget Office recently found roughly the same thing."
.
I think it's time we re-evaluate. MAGATS no longer require their Protected status.
.
.

Democrats have long been the party of robbing the poor to make themselves rich.
https://email.nypost.com/?c=20fcghruiewhihiwh
New York Post


Lawmakers and local officials want to unleash an avalanche of new taxes on Californians in 2026, slugging everyone from big and small business owners to everyday consumers.

The new tax push comes just as gasoline tax increases yet again this summer — with drivers receiving little notification beyond a sneaky mention on an obscure government webpages.

In Sacramento and San Francisco, lawmakers and unions are crafting new taxes to go after landlords with vacant properties and businesses, big and small.

The most controversial proposal is the billionaire’s tax, which has already seen an estimated trillion dollars in wealth fleeing the Golden State.

In Los Angeles, county supervisors seized on Gov. Gavin Newsom and the Legislature’s frequent waiving of a 2% cap on local sales tax to push another half-cent sales tax increase, meaning Angelenos face paying an eyewatering 10.25% every time they arrive at the cash register.
 
Werbung:
Democrats have long been the party of robbing the poor to make themselves rich.
https://email.nypost.com/?c=20fcghruiewhihiwh

New York Post
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laugh-out-loud.jpg

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"The MURDOCH POST!!!!!"
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