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Bernardo de La Paz

(54,454 posts)

6. The most optimistic projections (by tRump regime) are $600 B / yr from tariffs paid regressively by US residents

Reply to spanone (Original post)

Thu Apr 3, 2025, 07:19 PM

Apr 3

1) It would take three and half years (till the end of tRump's term) for the Treasury to collect that much money.

2) The people who will pay that money are the people who lost their money today.

3) The people who lost and on top of that will pay that money will never see it again because most (all?) of it will be given away to the 1 percent.

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Highlight:

Fear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocks [View all] spanone Apr 3 OP

Bet he and Putin and Miller made a giant pile. The top ten biggest drops in the chart are all under trump. mahina Apr 3 #1

Trump "saved" America $2 trillion today jmbar2 Apr 3 #2

I guess the stock market is open on Friday................ Lovie777 Apr 3 #3

I just saw he supposedly said he is open to negotiations on the tariffs. Tadpole Raisin Apr 3 #4

We are already in Q1 of the Trumpcession markets JCMach1 Apr 3 #5

The most optimistic projections (by tRump regime) are $600 B / yr from tariffs paid regressively by US residents Bernardo de La Paz Apr 3 #6

I think we will be lucky EndlessWire Apr 3 #7

No one on Wall St knows what Trump might do next C_U_L8R Apr 3 #8

The last thing Wall St wants to see...chaos spanone Apr 3 #9