Why do we need tariff rebates if other countries are paying the tariffs?
Because Trump gets to put his name on them; and the rubes will think he's giving them money.
MarkPaul · 26-30, M
Give me $10 and I will give you back $3.50 and call it a generous gift. You will never guess that I am funding your gift with the money you gave me. What's the problem?
newjaninev2 · 56-60, F
What’s a tariff rebate?
MarkPaul · 26-30, M
@newjaninev2 maga-Republicans are floating the idea of cutting checks to American taxpayers from all the gobs of money Cry-Baby-trump claims the USA is taking in from tariffs. So, a small portion of the money American companies and consumers are paying in tariff taxes will be given back in the form of a "tariff rebate."
newjaninev2 · 56-60, F
@MarkPaul Seriously?? Surely nobody would fall for such a scam! It has 'Ponzi Scheme' written all over it.
It's also inflationary. The tariff tax means that I pay more for my goods (more money being spent on fewer goods = inflation), and when I'm given part of those taxes back I go and spend it again on another item that has a tariff tax, and when I'm given part of those taxes back I go and spend it again on another item that has a tariff tax...
It's also inflationary. The tariff tax means that I pay more for my goods (more money being spent on fewer goods = inflation), and when I'm given part of those taxes back I go and spend it again on another item that has a tariff tax, and when I'm given part of those taxes back I go and spend it again on another item that has a tariff tax...
MarkPaul · 26-30, M
@newjaninev2 Yeah, that's true. But, no need to worry. They are building a "back door" to eliminate Social Security. So, you see, you're in good hands.