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Quick breakdown on how we can easily run on tariffs.
117,563 görüntüleme • 1 yıl önce •via X (Twitter)
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Thank you. You are one of my favorites. Not because I need everything Brooke down, but most do. You make it digestible. Keep doing what your doing. People like you are the future of media. Killing it bro. Plus, your pretty funny...

The Dingley Act

1. You don't even need to propose a federal income tax. There's this little thing the happens in the economy when you tax money out of it. For every dollar taxed out of the economy, you reduce GDP growth $2-3. Just by letting people keep all of their money,

Wait, are you advocating for a federal sales tax? Currently, the federal government doesn't receive proceeds from any sales tax. Did I misunderstand?

Imagine how little federal money the states would need with the increased sales tax.

Exactly!!! It would put an "extra" $30k just in my pocket a yr and I'm gonna spend it 🤷♂️

Ask them how we did everything before income tax and watch their head🤯

AND If people are spending more for more goods and more services, somebody is going to have to supply those goods and services. That means job creation. Which means more people spending more money.

Tariffs are taxes on US citizens or corporations to penalize them for purchasing foreign goods. So yes, BRICS countries will have less sales from the US but again the US consumer will have to pay extra for these goods.

Nailed it
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