Comment by Larrikin
2 days ago
>Tax increases will trickle down
Piss trickles down, nothing else has trickled down since Reagan made that up.
Eggs were slightly up in price at the end of Biden's term, but the tariffs have done nothing except increase the price of everything by 10% across the board. The Trump bill just makes recession more likely. The tax cuts benefit nobody but companies and the most wealthy, which Trump used to pretend he was part of but now actually is.
> Piss trickles down, nothing else has trickled down since Reagan made that up.
When businesses face hardship, they lay off. That's demonstrable. Employees are a luxury.
When Section 174 tax code ended, that set off a tidal wave of layoffs. And that's not even a new tax -- that's just amortization. When real taxes are levied on businesses, it'll be a blood bath.
> tariffs have done nothing except increase the price of everything by 10% across the board.
You're preaching to the choir. I'm not a fan of the administration or the tariffs. For a party that purports to be fiscally conservative, they're doing the opposite.