Nearly a $1000 tax per household is coming next year because of these tariffs. Seems like a bad idea
Reposted from
Ernie Tedeschi
A broad 25% tariff on all goods imports from Canada and Mexico would, before substitution & other 2nd stage effects, put upward pressure on the level of consumer prices of +0.6%. That's the equivalent of an average loss in after-tax income of about $980 per household in 2023$.
Comments
1) You make good use of voice to text.
2) You definitely pronounce cement as Suh-ment and not See-ment.