paf0@lemmy.world to politics @lemmy.world · 4 months agoA Kamala Harris win and a Democratic sweep would give the biggest boost to the economy, Goldman Sachs saysqz.comexternal-linkmessage-square43fedilinkarrow-up1523arrow-down111cross-posted to: usa@midwest.social
arrow-up1512arrow-down1external-linkA Kamala Harris win and a Democratic sweep would give the biggest boost to the economy, Goldman Sachs saysqz.compaf0@lemmy.world to politics @lemmy.world · 4 months agomessage-square43fedilinkcross-posted to: usa@midwest.social
minus-squareTransplantedSconie@lemm.eelinkfedilinkarrow-up28arrow-down4·4 months agoIt is because the dipshit’s planning ten percent tariffs on everything coming into the united states. That’s a 10% increase in tax for all of us in the US across the board.
minus-squareBilliam@lemmy.worldlinkfedilinkarrow-up5·4 months agoAnd if you have any savings, that’s 10% less money you’ll have. If you don’t have any savings, guess what happens when the price of everything increases 10%? (This is also why flat taxes are stupid. It’s because they’re regressive.)
It is because the dipshit’s planning ten percent tariffs on everything coming into the united states.
That’s a 10% increase in tax for all of us in the US across the board.
And if you have any savings, that’s 10% less money you’ll have.
If you don’t have any savings, guess what happens when the price of everything increases 10%?
(This is also why flat taxes are stupid. It’s because they’re regressive.)
Well, 9.1% less money, but yes ;)
This guy calculates