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SunSeeker

(58,375 posts)
3. "Taxing the 80% who work in services to support the 8% who work in manufacturing."
Mon Apr 21, 2025, 12:41 AM
Apr 2025

But Trump’s tariff taxes do nothing to support those decimated in the manufacturing sector. The money is not being used to help build factories. Trump is using tariff revenues as a substitute for income tax revenue, as he basically destroys the IRS. So this is much dumber, and more destructive, than Smoot-Hawley.

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