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<blockquote data-quote="Joe" data-source="post: 1161199" data-attributes="member: 9">...and for the pocketbook of the American Consumer as well Lex [USER=1301]@The Prowler[/USER]![URL unfurl=&quot;true&quot;]https://amp-cnn-com.cdn.ampproject.org/v/s/amp.cnn.com/cnn/2025/04/06/business/stocks-futures-sunday-tariffs?amp_gsa=1&amp;amp_js_v=a9&amp;usqp=mq331AQIUAKwASCAAgM%3D#amp_tf=From%20%251%24s&amp;aoh=17440180277499&amp;referrer=https%3A%2F%2Fwww.google.com&amp;ampshare=https%3A%2F%2Fwww.cnn.com%2F2025%2F04%2F06%2Fbusiness%2Fstocks-futures-sunday-tariffs%2Findex.html[/URL]&quot;The nonpartisan Tax Foundation said the average American household will pay $2,100 a year more for goods because of the significant universal and reciprocal tariffs Trump announced Wednesday. It said America’s average import tax will surge to 19% this year from 2.5% last year — the highest rate since the Smoot-Hawley era in 1933. Fitch Ratings said the rate would rise even higher, sending America’s effective tariff rate to its highest level in more than a century.As a result, Americans’ after-tax incomes will decline 2.1% on average this year, the Tax Foundation said.&quot;...largest tax increase in history apparently, Lex.<img src="https://www.aljazeera.com/wp-content/uploads/2017/12/be94d32d64cf4b68857e6aea46be3912_18.jpeg?resize=770%2C513&amp;quality=80" alt="" class="fr-fic fr-dii fr-draggable " style="" /></blockquote>

[QUOTE="Joe, post: 1161199, member: 9"] ...and for the pocketbook of the American Consumer as well Lex [USER=1301]@The Prowler[/USER]! [URL unfurl="true"]https://amp-cnn-com.cdn.ampproject.org/v/s/amp.cnn.com/cnn/2025/04/06/business/stocks-futures-sunday-tariffs?amp_gsa=1&amp_js_v=a9&usqp=mq331AQIUAKwASCAAgM%3D#amp_tf=From%20%251%24s&aoh=17440180277499&referrer=https%3A%2F%2Fwww.google.com&ampshare=https%3A%2F%2Fwww.cnn.com%2F2025%2F04%2F06%2Fbusiness%2Fstocks-futures-sunday-tariffs%2Findex.html[/URL] [INDENT]"The nonpartisan Tax Foundation said [I][B][U][COLOR=rgb(251, 160, 38)]the average American household will pay $2,100 a year more for goods because of the significant universal and reciprocal tariffs Trump announced Wednesday. [/COLOR][/U][/B][/I]It said America’s average import tax will surge to 19% this year from 2.5% last year — the highest rate since the Smoot-Hawley era in 1933. Fitch Ratings said the rate would rise even higher, sending America’s effective tariff rate to its highest level in more than a century.[/INDENT] [INDENT][COLOR=rgb(226, 80, 65)][B][I][U]As a result, Americans’ after-tax incomes will decline 2.1% on average this year, the Tax Foundation said."[/U][/I][/B][/COLOR][/INDENT] ...largest tax increase in history apparently, Lex. [IMG]https://www.aljazeera.com/wp-content/uploads/2017/12/be94d32d64cf4b68857e6aea46be3912_18.jpeg?resize=770%2C513&quality=80[/IMG] [/QUOTE]

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