What a bunch of Malarkey!

[sheshe2]

Ron Filipkowski
@RonFilipkowski

Trump’s massive national sales taxes on most goods, imposed unilaterally by executive order, will pay for everything so you will pay no income taxes. Amazing!

[spanone]

1. FULL. OF. SHIT.

[sheshe2]

2. Oh, yes indeed.

To the brim.

[bdamomma]

3. Add

DELUSIONAL TOO.

[Bernardo de La Paz]

8. If tariff taxes were properly applied fully at his levels it would $500 million per day. tRump claims $2,000 million

They are not currently fully applied due to suspensions and exemptions and foulups in paper work.

The $500 million (annually only about $180 billion) is based on pre-tariff trade, not with tariff throttling and not with contractionary economic forces accounted for. US income tax receipts are estimated to be $2,469 billion for 2024. Tariff taxes would not even be one tenth, most favourable case. https://www.statista.com/statistics/217493/revenues-from-income-tax-and-forecast-in-the-us/

Kindleberger chart posted by Paul Krugman

[Bernardo de La Paz]

4. Tariff taxes are very regressive. No tariff on artwork or real estate (non-portable) or services.

Real estate is non-portable but title deeds are.

The things the 1% buy are less tariffed than the things the 47% buy.

[SheltieLover]

5. Now slobby is admitting consumers will pay tariffs?

What a moran.

[MagickMuffin]

6. Please continue and explain it in full details

How does this work exactly?

Perhaps our hard hitting media will ask him.

Are you paying attention Alex Thompson and Jake Tapper?

[Nictuku]

7. DeLulu (n/t)

[Hekate]

9. $trump is on a day by day news cycle, so maybe if he hangs on just a little longer ...

…with his happy talk to his cult, they won’t be calling for his head just yet.

And of course, after he is gone, what happens to others won’t matter to him, so he doesn’t give a rip. As Louis XV said: “Après moi le déluge. “

[chouchou]

10. Every thought of my mind believes Our President, Donald Trump, is true and strong for America.

Signed: The Easter Snake.

[Ilikepurple]

11. It's so weird to read Trump 2.0 texts. It like he doesn't even write them or the policy behind them.

Well, I’m guessing he has a hand in the self serving and petty revenge policies

[Picaro]

12. Complete fantasy

Maybe we should go back on the gold standard too.

That would really fix things.

[mountain grammy]

13. Madman