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In reply to the discussion: Trump will scrap federal income tax and abolish IRS, ally suggests [View all]lapfog_1
(30,559 posts)and you put off buying that new flat screen or imported car ( like, say, an imported electric car from China ).
But you are right, you are still buying coffee and bananas. But that ain't funding the non-discretionary parts of the federal budget. Social Security, military, and Medicare. ( Medicaid will be gone, not to mention most of the other functions of the government ). But those three programs ( which, right now, take around 70% of the budget )... so who said it would ONLY be a 25% tariff? I didn't say that. And the more people stop buying any imports, the greater the tariff has to be on the remaining items we cannot do without.
Ben Stein, while a complete right wing asshole, was a pretty smart guy... I used to play along at home against him in "Win Ben Stein's Money" game show... he beat me more often than I beat him.
Now go rent Ferris Buellers Day Off... and listen to the LESSON in high school history that Ben Stein actually taught on tariffs and the Laffer curve and the origins of the Great Depression. Apparently the high school students in real life were as bored as the students looked acting in the movie... because those are now the idiots feeding Trump this bullshit.
Here, I'll save you the streaming rental fee.
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