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In reply to the discussion: Trump will scrap federal income tax and abolish IRS, ally suggests [View all]livetohike
(23,266 posts)23. Exactly and his ignorant MAGATs don't know
that. It all sounds like heaven to them. Its almost unbelievable that people could be that stupid.
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Trump will scrap federal income tax and abolish IRS, ally suggests [View all]
highplainsdem
Thursday
OP
Right now bananas are 55 cents a pound retail. A 25% tariff, even on the entire retail cost as opposed to the landed
kelly1mm
Thursday
#12
But how much of the typical American's budget is on imported goods? Of the big 4 housing, taxes, food
kelly1mm
Thursday
#20
In 2019, 19 percent of consumer spending on goods in the United States came from imports.
Wiz Imp
Yesterday
#70
A 25% tariff across the board wouldn't come remotely close to raising the revenue needed
Wiz Imp
Yesterday
#67
Right. "Tariffs collected from other countries"? Tariffs are paid by importers, not by other countries. n/t
thesquanderer
Thursday
#10
Wait... our new commerce secretary ALSO thinks foreign countries pay tariffs?
William Seger
Thursday
#8
Hell yea, let's go with 150% tariffs on everything coming in. The CEOs will love the income..
LiberalArkie
Thursday
#34
Reliance on foreign trade to fund our government would make us extremely vulnerable to bad actors.
bluedigger
Thursday
#41
He is fixated on the term "tariff". He went on about how much he loves the word. He's an infant in a suit. BSC. nt
Evolve Dammit
Thursday
#44