“.. a tax increase for low-income families that is more than three times higher than what wealthier Americans would pay ..” @bloomberg.com www.bloomberg.com/news/article... - ThreadSky

carlquintanilla.bsky.social • 9 hours ago

“.. a tax increase for low-income families that is more than three times higher than what wealthier Americans would pay ..”

@bloomberg.com
https://www.bloomberg.com/news/articles/2025-04-24/trump-tariffs-will-hit-low-income-americans-harder-than-richest

Comments

lorischmidt.dispatch.com•9 hours ago

Said it before, I will say it again: I feel like you can add, "and will hit the poorest hardest" to the end of every news headline just like you're supposed to add "in bed" to the end of every fortune cookie fortune.

endora-laduce.bsky.social•4 hours ago

shocking.
NOT.

bm0330.bsky.social•8 hours ago

barely-sane.bsky.social•8 hours ago

No worries, mate. You just promise them immense wealth in the future. A lot can be fooled with grandiose promises.

bye2musk.bsky.social•3 hours ago

On the gullible and devoted followers of Fox ‘News.’

lguap0.bsky.social•8 hours ago

Turns out, the skills needed to bankrupt a casino are not, in fact, the same skills needed to govern the country with the world’s largest economy.

seekthetru.bsky.social•9 hours ago

Of course it will. This nazi is giving free passes to the wealthiest and literally rat fucking the rest of us. Wake up you magahats, you’re in the crisshairs also. Your messiah is going to crucify you

halliejacquelyn.bsky.social•4 hours ago

So really need more than a heart to acknowledge a post

eximio2.bsky.social•9 hours ago

Let’s tax yachts

rgatess.bsky.social•9 hours ago

But money will trickle down because we all know the billionaires want to share their wealth with the unwashed masses, right?

jeromyo.bsky.social•9 hours ago

Gee, Ya Think? 🙄

iamnursetrish.bsky.social•5 hours ago

Yeah, we didn’t need a report to know that

joecgiles.bsky.social•8 hours ago

Republicans never met a regressive tax they didn’t like.

check17.bsky.social•12 minutes ago

Isn’t the sea 🌊 due for its annual eating of a couple of billionaires? Fuck

egtfirefall.bsky.social•9 hours ago

How is this a headline.

The sky is blue.
2+2=4.

Of course it will hurt people who are poor more than it will people who are diving into Scrooge McDuck piles of gold.

javiermt.bsky.social•4 hours ago

... No shit.

blcort.bsky.social•9 hours ago

Yep

brewstate.bsky.social•9 hours ago

The problem with this is the same problem we’ve always had. Millionaires/Billionaires can only buy so much bread. Bye bye economy

jezzypoo.bsky.social•4 hours ago

Duh. The rich wright the laws …

larrylukasik.bsky.social•9 hours ago

I wonder if this timeline will be included in The Hunger Games prequel? 🤔

muad-lib.bsky.social•8 hours ago

That’s the whole point of the thing

lurkandworry.bsky.social•8 hours ago

A tariff is a consumer tax. Call it what it is. In lower income groups, consumption is near or above total income. At the highest incomes, consumption is a much lower percentage of income. It’s that simple.

angelalangford81.bsky.social•3 hours ago

Any representative that backs his ass, the public should after them. If they fail you, they are not representing you. That's when you bring back the "NO TAXATION WITHOUT REPRESENTATION"

naroop.bsky.social•3 hours ago

Everything hits them harder. Every single time. Year in and year out.

jeffreymkirk.bsky.social•9 hours ago

Guess it's time for MAGA to be reminded that no, the party of and for billionaires & industrialists is not your friend!

dachshuahuadad.bsky.social•4 hours ago

Yes, that's how sales taxes work

sue19721954.bsky.social•4 hours ago

The poor and vulnerable always get hurt first and the hardest

sailorduck.bsky.social•9 hours ago

Jeez this is some great fucking reporting here. No fucking shit.

dogma2015k8s.bsky.social•5 hours ago

#trumpflation #trumptax

nozems.bsky.social•37 minutes ago

Welcome to America.

bye2musk.bsky.social•4 hours ago

That’s so even without a tax increase because many of the wealthiest pay nothing. We, the middle class are given the bill to pay for the roads the wealthy travel along with the US infrastructure that the wealthy enjoy at no cost. That’s just for starters (the ratbastards).

speerheld.bsky.social•5 hours ago

bowreader.bsky.social•9 hours ago

In other news, rain is wet. Also, ice is cold.

dropdea.bsky.social•9 hours ago

Yes. Tariffs, which are essentially sales tax, are thr most regressive form of tax there is.

drjohn2026.bsky.social•9 hours ago

taxing the poor and reducing services to pay for tax cuts for billionaires. unconscionable.

chicagobeersnob.bsky.social•6 hours ago

Gov handouts for billionaires and corporations. We need to stop using the Far right's pet names for their radical polices.

bluecjp.bsky.social•8 hours ago

That’s criminal

petcharles.bsky.social•9 hours ago

Well, duh

peas4all.bsky.social•8 hours ago

That was the plan all along.

mikeintucson123.bsky.social•2 hours ago

Ya mean his voters? Maybe this is gonna cut into their tithing.

jcmedia1.bsky.social•9 hours ago

Of course.

spqesq.bsky.social•8 hours ago

That was always the plan.

bye2musk.bsky.social•3 hours ago

All of these ratbastards have an insatiable need to get every dollar that is not nailed down. There is no such thing as enough for any of these human pigs and there is no concern about the rest of us, even though on occasion they give lip service about ‘caring.’ It’s for show only.

davidgiltinan.com•8 hours ago

weiners.bsky.social•8 hours ago

Shocking right???
No surprise there right

blenderbanana.bsky.social•5 hours ago

boontonkat.bsky.social•9 hours ago

MAKE IT MAKE SENSE 🤦‍♀️

Can't 🤨

Because it
MAKES NO FUCKING SENSE
🤬

anonemus13.bsky.social•9 hours ago

Wow. Just wow.

alexjchambers.bsky.social•4 hours ago

That’s chump’s plan

robertkoenig.bsky.social•3 hours ago

Tariffs are an extremely regressive tax. It’s all a matter of how much of your income is needed for routine expenditures, and that percentage is inversely related to your income bracket.

foolwatcher2025.bsky.social•6 hours ago

Of course that's when the rich mans buying season begins

jimniv.bsky.social•9 hours ago

No surprise. The rich are always in favor of moving the tax burden from income to consumption (and then claiming like Romney that only half the people in this country pay taxes).

kkeithly.bsky.social•4 hours ago

Duh. Thanks you assholes.

daleyviews.bsky.social•8 hours ago

This is ... Well ...

gretchenrose.bsky.social•9 hours ago

No, no, no! tRump said we're all going to get really, really wealthy!

mindfulnessweasel.bsky.social•6 hours ago

The cruelty is the point

rebasan.bsky.social•5 hours ago

Duh

allen745.bsky.social•9 hours ago

Buffy and I discussed this and we don’t see a problem with it.

bobbyschuster.bsky.social•9 hours ago

📌

professorfurious.bsky.social•8 hours ago

Color me surprised. /s

swerve25.bsky.social•6 hours ago

julri.bsky.social•8 hours ago

Trump: ‘give us your weak, your poor ~ so i can fuck them over’

mattfloyd.bsky.social•9 hours ago

Pope Leo XIII, in his encyclical and foundation of Catholic social justice for 134 years, Rerum Novarum, would call bullshit on this tariff thing. It’s wholly un-Christian and does not support the dignity of man, much less foster solidarity.

bye2musk.bsky.social•3 hours ago

And there is absolutely no way to reconcile this ‘Christian Nationalist’ movement with Jesus and his sermon on the mount. There is a recognizable dividing line

qcmirador.bsky.social•8 hours ago

In other news, water is wet.

detroiter.bsky.social•9 hours ago

File under "no shit"

el-condor-pasa.bsky.social•8 hours ago

Already hitting job markets

bbmjcandy.bsky.social•9 hours ago

Big surprise

capncuster.bsky.social•2 hours ago

A consumption tax will always hit the lowest income folks the hardest.

oswaldtheaipoet.bsky.social•9 hours ago

Ten years from now, we will see their mansions converted to multi-family units, given away, or demolished.

siezetheclay.bsky.social•8 hours ago

Twas ever thus.

jashsf.bsky.social•4 hours ago

They are poor for a reason. Stupid ass Americans.

bye2musk.bsky.social•4 hours ago

There are many reasons why some of us are financially poor, and some, perhaps like yourself are humanistically poor.

jashsf.bsky.social•3 hours ago

I know not everyone poor is stupid. Just like not everyone rich is smart. But we wouldn’t be here without both of them.

bye2musk.bsky.social•3 hours ago

And look where we are and who got us here, the rich and the stupid

jashsf.bsky.social•2 hours ago

There are many ways to be labeled stupid, IMO. Being on SSI and not voting Dem? Jesus. That is about the worst. Being gay? Being Trans? Being a woman? Being poor? Being of color? All not voting Dem is about as stupid as you can get.

extrasmith.bsky.social•9 hours ago

“Breaking News!” 🙄 At least they’re putting it in print, I guess.

reddawndemocracy.bsky.social•9 hours ago

And the winning continues! 🤡

krazykittydesign.bsky.social•8 hours ago

Well, no shit, that how it always goes.

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