Trump's tariffs-for-tax cuts plan: Who stands to benefit?
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Published 2024-07-24
All Comments (18)
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The bottom line here is that under this plan, corporations will be paying less (in taxes), and to fund that, consumers will be paying more (in tariff). The argument then proceeds to potential impacts. Heritage argues that businesses will have more income to spend on increasing business, which will mean more jobs, but nothing in the plan REQUIRES businesses to do so. It is far more likely taht the added revenue from no longer paying as much tax will be harvested by shareholders, not workers.
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Totally ridiculous. What the hell has happened to the republican party?
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Inflation will spike from this idiotic plan
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The dumbest economic policy ever.
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tariffs are becoming a way for the U.S government to raise taxes because it's impossible to get voted into office if you're proposing tax hikes loool.
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Let see, more Tariff higher prices for Americans. The Tariff goes into Government Coffers from the pockets of American consumers. Tax Cut will benefit the corporations, but with AI we are going to see huge job loss and less demand for workers. So in the end, the corporations will benefit while the people face higher prices and less work opportunity. Sounds about right.
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Never forget the lies of NBC
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Tax US đșđž more than taxing other countries is ridiculous to do to your own citizens đ
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Capital restrictions by USA would reduce trade deficit than tariffs
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Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides.
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well you don't manufacture anything
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So much bias , can this station find quality in it guests . Money , only money for your viewers . Keep you political bias in check . If I wanted that I would watch CNN or FOX .
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Don't tax income
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She is talking garbage. Sorry folks. Capitalism grows on lower taxes.
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Trump actually knows the value of the âMade in the USAâ label. The world does too.
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Blond lady is a liar
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This last is amazing insane liberal
