And next, they pass 4.5 trillion in tax cuts for the rich & corporations making record profits.
Coupled with a ~40% reduction in IRS dept who audit the rich. While ppl protest just to keep their earned SS benefits.
I love Robert Riech, but these tariffs are terrible for everyone. No way tax cuts can make up for the wealth obliterated by destroying the global economy.
As this weekend’s LIV golf fest in Florida shows, #Trump thumbs his nose at #American suckers who are yielding without a fight to his creation of a #klepto-#fascist state. And with barely a whimper self-perceived #American #Exceptionalism dies a quick death.
Thanks Robert Reich for all that you do! Including your letter today to take care of ourselves. I look to you every day and to your coffee klatch on Saturdays 👍😊
Exactly! Trump’s endgame? Power, immunity, and total control. The GOP follows out of fear, ambition, and a lack of moral courage. History warns us: Stay awake. Speak out. #Democracy #Authoritarianism #Trump #handsoff
Trump's tariffs amount to a federal sales tax which disproportionately hurts lower and middle income families. The only folks getting *lower* taxes under Trump are millionaires and billionaires.
There aren’t any republicans left at all. These magats aren’t republicans. There’s no republicans of any consequence in our government. These are magats and magats are Nazis with no brains.
Explain the reasoning of the billionaires. They already have enough money for 100 lifetimes so is it now simply about accumulating power? Or maybe the goal is to make us so weak that we will not be able to "Eat the Rich?"
I don’t live in America so it doesn’t really worry me. Tariffs will make Americans poorer but the rest of the world will just carry on as normal. But when the dollar stops being the world reserve currency Americans will really get poorer. Then it will be too late to change track.
Trump for prison! And while you’re at it, add Peter Thiel, Curtis Yarvin, Paul Dans, Russel Vought, Jeff Bezos, Mark Zuckerberg!!! Arrest all traitors to the American Constitution!
Spot-on. These men took advantage of the opportunities America had to offer to become successful and wealthy. Only to turn around and use racism, misogyny and democracy to destroy democracy for more money and power with no regard for anyone.
For the first since anyone can remember, farmers crops will rot in the fields. There's less immigrant labor to do the harvest, farmers are priced out of foreign markets. Fertilizers have massively increased, costs will go up and up!Rural towns will be decimated. Golf anyone?
Of course-- the last thing Republicans would ever do is 'help' normal people, lol.... it's bootstraps for the middle; hands off for the needy; and socialism for the rich.
So we use his plan against him what’s the confusion here and why are we not buying cooperate stock to force their board to remove the billionaires.
No matter which way this spins out the rich lose out thanks to Trump. They should be more upset than we are… they are going to lose a lot more than us
Force mega companies to lose their stock values and the worker buys them up.
We get rid of corporations and republicans all thanks to Trump.
Frankly as fucked as things are he is actually draining the swamp… himself and his cronies and anyone else involved.
How do tariffs benefit the rich? Sorry … I don’t get it. I heard he was doing it so world leaders and leaders in industry would come to him and make a deal, Trump loyalty. 🤷🏼♀️
This feels a whole lot like the socio-economic events that led up to WWII. Give out bad loans to the rich, create an isolationist economy with tariffs, embolden the rise of nationalism/facism, attempt to expand territory (Canada/Greenland), and a tank the stock market...
Is it possible to quantify the proposed tax cuts? Are there examples of how much a wealthy taxpayer would owe before and after? This kind of info would be very enlightening
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The tariffs are about trade imbalance, not tariffs.
"According to the USTR, US reciprocal tariffs are based on the assumption that persistent trade deficits arise from a combination of tariff and non-tariff factors that inhibit trade from achieving balance."
They are meant to make corporations loyal to his monarchy. But those corporations need us to buy from them. Boycotts, divestment and strikes may be the only thing to save democracy.
It's not hidden or secret. We've always known they wanted this. Thing is their rhetoric was always blame "others" for all the bad, so most ppl would give them control so they could do this. Too many ppl WANT[ED] to believe the "others" are evil so it's working. It's not over cuz they still believe.
We no longer have capitalism! Billionaires/monopolies are inherently lazy when they purchase our congress (who openly do inside trading). Corporate welfare is at an all-time high as a result.
They're a return to grinding feudalism along with firing food inspectors , vaccinations, cancer research scientists, nuclear inspectors , post , air traffic controllers, student loan cuts . No upward mobility.
He deals in power and money and sucks at both of them. He’s a little bitch boy and it’s time to take permission away from him and his hoard of redneck dipshits.
Yes, and he’s currently violating the constitution by applying them outside of wartime. These protests are a pressure campaign on every single republican and a few democrats. They must assert their constitutional powers and end this, or they will ALL be voted out. That includes moderate democrats!
Congress is going to raise the debt ceiling and give the rich more tax breaks. America under Trump has few if any countries or individsuals that will be willing purchase our bonds.
is it just me or does anyone else think this is just a "pump and dump" scheme? cause the economy to crash so stocks sell off cheap, only the wealthiest will be able to buy them then remove the tariffs so the 'right people' own more of the country than they already do.
If the Don’s tariffs destroy the economy as I think they will, he wins. Rich people never worry about recessions. It’s all about making the rest of us poor and desperate so that we have to work for low wages and do their bidding! Time to get woke up America!
Putin, Trump, A GOP Donor who OWNS Congressional Republicans known as Elon Musk, ATTACKING to destroy our quality-of-life, and retirement system DAY 77!
Can States overide Tarriffs? Sell or buy minus Tariffs. They were able to create their own abortion laws that superseded the Supreme Court. Also can they make all elections in their States public funded and out law Citizens United for local and State elections?
Once the oligarchs have had their fill of purchasing these degraded stocks, the tariffs will be revoked, making them a fortune. It’s still a gamble and I sincerely hope it doesn’t work out for them.
Of course they are. Deregulation and tax cuts are all gifts to the super-wealthy WHO INSTALLED felon Trump with their near total control of the media machine.
Because you want to analyze long-term profits. And they are counting on short-term. Middle-class consumption will fall, but maybe the profits will be faster than the fall.
Exactly this. Whenever anyone says "It'll only hurt for a bit" isn't talking to people like me - a John/Joan Q. Citizen type but to rich Trump supporters.
When the crash comes, watch who starts to buy everything back up. This is just a redistribution of wealth upwards for people who don't need it.
Post simple facts and put in every rest room, chat room, insta-everything,etc., across the country! “Trumps tariffs will give him X$, and will cost YOU X%, the death rate for women in anti-abort., states is x%. Is this administration lying to you? Check what they are doing, not what tell you!
20,000 Points gain in Biden policies.
But still not good enough for the GREEDY CEOs
That means Bonuses, Mansions and yachts.
So they went with the guy that would do TAX CUTS.
I hope they all feel the pain we are feeling.
GREEDY CEOs are why we are here.
Plus Citizens United.
Thank Mcconnell for that
Yes, this is a massive wealth transfer from people who are scraping by to people who have more than most of us could ever dream of. Such greed is grossly unpatriotic. The tax cut will add $4.5T to the deficit, which the rest of us, our kids, and grandkids, will have to pay for.
The only answer for why someone, anyone, hasn't convinced trump that his tariffs aren't a horrible idea (because, let's face it, as stubborn as he is, he's pretty easy to manipulate) is that those in his inner circle *want* those tariffs in place.
EVERY Republican in Congress supports cuts to Medicare and Veterans benefits so they can give yet another tax cut to the 1%. MAGA voters, how does this help you? How does it help the elderly and veterans you know? Do share.
🦋
Trump's 'reciprocal tariff' rates are completely bogus
Importers are not charged crazy high rates on goods they buy from the US. The rates were created by his aides using ONLY trade figures - not the actual duties charged
Even The Economist politely called it a "Remarkably Crude Methodology"
🦋
Exactly this. And why? Because if he delivers for them then they will support his presidency for life ambitions… or at minimum the will not actively oppose.
Trump’s billionaire buddies, Russian, Chinese, Saudi oligarchs will buy our homes, our businesses, our farms, and our national park lands for pennies on the dollar.
AMERICA’s great 🔥 sale!
🔥 🔥 🔥 🔥 🔥 🔥 🔥 🔥
Led by Chief Arsonist—
Donald Trump 🔥
This is the largest redistribution of wealth in US history, and it only benefits a few thousand people. All at the expense of hundreds of millions of Americans. #3E #resist #endoligarchy
He definitely gave up the game when he tweeted “now is the time to get rich, richer than ever before,” because if you were aiming that at your average person you’d just say “now is the best time to get rich.”
Comments
Coupled with a ~40% reduction in IRS dept who audit the rich. While ppl protest just to keep their earned SS benefits.
No matter which way this spins out the rich lose out thanks to Trump. They should be more upset than we are… they are going to lose a lot more than us
We get rid of corporations and republicans all thanks to Trump.
Frankly as fucked as things are he is actually draining the swamp… himself and his cronies and anyone else involved.
And the US Senate, in not exercising their authority over taxes on imports, is complicit in this crime against humanity.
https://drive.google.com/file/d/1JBq-2FdXpeNjva2h0T72q2NLKkRi2fTo/view?usp=drivesdk
"According to the USTR, US reciprocal tariffs are based on the assumption that persistent trade deficits arise from a combination of tariff and non-tariff factors that inhibit trade from achieving balance."
a democracy.
https://www.commondreams.org/news/trump-tariffs-democracy
NOT
TARIFFS.
(checks notes)
IT’S
EXTORTION.
(Zero policy or benefits to America involved.)
🤔🤔🤔🤔🤔🤔🤔🤔🤔🤔
https://bsky.app/profile/bobgorman8791.bsky.social/post/3lm5t4ph6kc2r
Video w English subtitles of Claude Malhuret https://youtu.be/wmDVrV7QRrU?si=K9-VYaCFIfPmnxwy
This is source of ⬇️ image https://www.telegraph.co.uk/business/2025/04/06/ukraines-fighting-spirit-only-survive-so-long-trump/
https://bsky.app/profile/jkinneberg.bsky.social/post/3lm62ndtczk2p
Levy tariffs, aka taxes.
Where does the money go?
When the crash comes, watch who starts to buy everything back up. This is just a redistribution of wealth upwards for people who don't need it.
But still not good enough for the GREEDY CEOs
That means Bonuses, Mansions and yachts.
So they went with the guy that would do TAX CUTS.
I hope they all feel the pain we are feeling.
GREEDY CEOs are why we are here.
Plus Citizens United.
Thank Mcconnell for that
Trump's 'reciprocal tariff' rates are completely bogus
Importers are not charged crazy high rates on goods they buy from the US. The rates were created by his aides using ONLY trade figures - not the actual duties charged
Even The Economist politely called it a "Remarkably Crude Methodology"
🦋
Money - for him and his family.
Since January, companies have poured $80,000,000 into Trump personally.
Meta - $25,000,000
X - 10,000,000.
Disney - $15,000,000
Amazon - $41,000,000
It’s the grift.
https://fortune.com/2025/02/15/mega-corporations-million-dollar-deals-president-donald-trump-family/
AMERICA’s great 🔥 sale!
🔥 🔥 🔥 🔥 🔥 🔥 🔥 🔥
Led by Chief Arsonist—
Donald Trump 🔥
Which means paid by you. You are the consumer.
But then everything is going to cost more!
THAT DON'T MAKE NO SENSE!
Not that he knows anything about grammar.