Tariffs not exactly working???

LotusBud

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Tariff revenues are dramatically falling short of initial White House expectations, generating roughly $100 billion less than projected, according to a recent analysis from Pantheon Macroeconomics. Treasury Secretary Scott Bessent
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that tariffs would raise “well over half a trillion, maybe toward a trillion-dollar number,” but data compiled through Nov. 25 implies that customs and excise taxes annualize to only $400 billion.

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Liberty1976

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Tariff revenues are dramatically falling short of initial White House expectations, generating roughly $100 billion less than projected, according to a recent analysis from Pantheon Macroeconomics. Treasury Secretary Scott Bessent
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that tariffs would raise “well over half a trillion, maybe toward a trillion-dollar number,” but data compiled through Nov. 25 implies that customs and excise taxes annualize to only $400 billion.

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Only 400 billion. I guess we should just forget the whole thing and just let everyone off the hook then.

Let's make no effort to reduce or eliminate taxes. Let's just keep funneling money all over the world and
get nothing back.
 
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LotusBud

LotusBud

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Only 400 billion. I guess we should just forget the whole thing and just let everyone off the hook then.

Let's make no effort to reduce or eliminate taxes. Let's just keep funneling money all over the world and
get nothing back.
Eliminate taxes? What country on the planet would work without taxes? Isn't a tariff a tax?
 

Reggie_Essent

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Eliminate taxes? What country on the planet would work without taxes? Isn't a tariff a tax?
Heaven Forfend! Eliminate taxes or shift the tax burden off of regular people and onto profit-generating enterprises?

How would the leeches who suck their livings from the taxes others pay get their checks then?
 
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LotusBud

LotusBud

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Heaven Forfend! Eliminate taxes or shift the tax burden off of regular people and onto profit-generating enterprises?

How would the leeches who suck their livings from the taxes others pay get their checks then?
You're an idiot. The tariffs will go directly onto the consumer of imported goods.
 

Joe

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You're an idiot. The tariffs will go directly onto the consumer of imported goods.
Tariffs are just a hidden tax on the average American consumer @LotusBud

Meanwhile the budget deficits have surged & October posted the highest on record.

Trump's administration has also failed to cut spending so of course he's getting the working poor to pay for these deficits. Meanwhile the cost of living continues to rise along with added burden of tariffs on the American consumer. The result is a K shaped economy where the wealthy continue to get richer & the bottom 90% get poorer.

Pretty much the predictions made by leading economists on the Left & Right are coming true. Even his supporters & leading businessmen warned Trump that his economic plans wouldn't work. They include Elon Musk, Rupert Murdoch & Warren Buffett.

Trump is running your once magnificent nation into the ground just like he bankrupted dozens of his own companies and then got investors to foot the bill.

Art of the Deal I suppose.
 
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Joe

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The end of the Trump administration/era will look something like this @LotusBud



With Trump screaming & prancing around the Oval Office like a Mad man blaming everyone else.

Lex @The Prowler 's kinda leader.
 
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mastersplither

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Government collects taxes..

Conservative: government bad, steal my money, leave me alone!

Government still collects taxes, significantly slashes tax collected from the wealthy, raises taxes on average families through increased costs due to tariffs...

Conservative: all better :)
 

mastersplither

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Conservatives: we need to crack down on illegal immigrants! They're flooding our cities with drugs trafficked in because Democrats let it happen! Bomb any suspected drug mules in the Caribbean, too!

Trump pardons Juan Orlando Hernandez who took a $1 million bribe from El Chapo to allow cocaine shipments to flow through Honduras, and helped flood the US with hundreds of millions worth of coke..

Conservative: all better :)
 

mastersplither

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Conservative: We need to drain the swamp and round up the deep state pedophiles!

Trump moves Maxwell, convicted of child sex trafficking, from prison to summer camp while she prepares to file for commutation of her sentence

Conservative: all better :)
 
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LotusBud

LotusBud

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Doesn't look like Lotus has updated her talking points from her Betters lately.
Doesn't look like you've come up with a cogent argument against anything I have to say, yet AGAIN. Your "Talking points" "Lotus's betters" yadda yadda yadda is NOT an argument, you know, cuck.