General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWasn't the big beautiful bill supposed to use tariffs to pay down the deficits...
created by the Big give away bill to the rich? Honestly, I am losing track of all the things these mythical tariff receipts are supposed to do now.. I cannot keep up with the magical money pot that these taxes on the American
people are supposed to do. The rich get a forever tax cut, that we are paying through higher costs or tariffs..
"The Penn Wharton Budget Model forecasts that the lowest-income households will be left worse off because of cuts to Medicaid and SNAP, formerly known as food stamps. Those Americans could lose $27,500 over a lifetime, while the highest-income households would gain more than $65,000."
https://www.usatoday.com/story/graphics/2025/07/04/trump-big-beautiful-bill-tax-details-explained/84461981007/
And by the way.. The Walmart cheaper Thanksgiving Dinner.. do not think for a second that they did not add those costs to other items people buy at Walmart to cover cost cuts in the Walmart grocery store that are no other store has..that will most likely disappear post Holidays.. who is zooming who here??..
surfered
(13,463 posts)Where did all the tariff revenue go?
Lovie777
(22,971 posts)now it's crypto time to reduce the 38 trillion deficits.
Wiz Imp
(9,994 posts)The removed a whole bunch of items (it went from 21 items down to 15) and substituted cheaper alternatives (such as generic items) for some of the others (also downsized others - the included Turkey is smaller).