Post #42687 by AlphaWolf on the US Policy board

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"Trump is predicting 600 billion in increased revenue due to the tariffs over the next 12 months.

Of course, this tariff revenue will predominantly be taken from low income and middle class families, who are already struggling to make ends meet.

And to rub salt into the wound, the tariff revenue generated will then predominantly be given to multi millionaires and billionaires in the form of tax breaks.

This will result in inflation and a recession, or perhaps worse.

One doesn’t need a crystal ball to see that Republican behavior will result in an outcome will be bad for the majority of Americans. Once again.

Consequences.

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