Tariffs – taxes on imported goods – likely impose a heavier burden on lower-income households, as these households generally spend more on traded goods as a share of expenditure/income and because of the higher level of tariffs placed on some key consumer goods. This column estimates the tariff burden by income group and by family structure using a new dataset constructed by matching of granular data on trade and consumer spending. The findings suggest that tariffs function as a regressive tax that weighs most heavily on women and single parents.
The findings suggest that tariffs function as a regressive tax that weighs most heavily on women and single parents.
It’s working as intended. And now he’s signed his executive order making it easier to put homeless people in “long-term institutional settings”. They’ll be even more desperate to take whatever slave-like working conditions they can get. Imagine if you won’t only lose your home, but be locked up in a concentration camp on top.
From Trump Term 1:
https://cepr.org/voxeu/columns/us-tariffs-are-arbitrary-and-regressive-tax
Damn, this is exactly what I would expect though!
It’s working as intended. And now he’s signed his executive order making it easier to put homeless people in “long-term institutional settings”. They’ll be even more desperate to take whatever slave-like working conditions they can get. Imagine if you won’t only lose your home, but be locked up in a concentration camp on top.
Like I said though, working as intended.