I figure if we make this the standard and normalized way to refer to these tariffs, then it will really drive home the point to republican voters that THEY did this. THEY are getting hurt by their own party. Because I’m sure right now they’re trying to find a way to blame obama, or biden, or hillary, or kamala, or whomever.
Fuck that.
Your goods now cost more because of trump tax. Plain and simple. It was an uneeded and nonbeneficial policy set by trump and no one else, in his obsession with hurting china.
Well I don’t fully disagree that china needs to be dealt with, as they’re becoming a global powerhouse that threatens to dominate the global ecconomy. I get that. But these tariffs are like trying to kill a house fly with a handgun. Even if you somehow hit the fly, you do more damage to your own home for no reason in the process.
This works. When Australian Prime Minister John Howard introduced the Goods and Services Tax (which rationalised and federalised sales tax to 10%), it was called “Little Johnny’s Retirement Fund”.
Fun fact, due to the combination of GST, Fuel Excise and Environmental Levy, Australians pay Tax on a Tax on a Tax. That said, when the Right-Wing party offered to withhold Fuel Excise as an election promise, Petrol Stations immediately put up prices by the value of the Excise.