The Potential Impact of Trump's Tariffs and Trade Threats on Regular Americans
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#3d0b08bc ver:0.85
Former President Donald Trump's proposal to replace income taxes with tariffs would have catastrophic consequences for the economy and ordinary Americans. It would impose a sales tax of up to 130% on imported goods, burdening the average family with a $5,000 tax increase while benefiting the top 0.1% by $1.5 million. The proposal would also disrupt global supply chains and spark trade wars. Trump's economic illiteracy is evident, and the plan would ultimately benefit the wealthy and harm the average American. #Tariffs #TaxReform #EconomicImpact...
#newstr #DonaldTrump #Tariffs #TradeWars #Economists #TaxCuts #IncomeTaxes #ExecutiveAuthority #TradePolicies #PresidentBiden
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