Tag Archives: tariffs

America First or Rich People First?

Amid warning signs of recession, rather than helping normal Americans Donald Trump has yet again suggested a new round of tax cuts for the rich. Trump has proposed, then backed down from, then proposed again, then backed away from again, indexing capital gains to inflation, which would hand over $100 billion in tax cuts to some of the richest Americans. We shouldn’t be surprised that … Continue reading America First or Rich People First? »

Tariffs are a Tax on the Middle and Working Classes

In his feud with yet another country, Trump has jeopardized the quality of life of millions of Americans already living paycheck to paycheck. His trade war with China will not end well, and it doesn’t appear to be wrapping up anytime soon. In the meantime, the working and middle class will suffer. For those who know little about trading and tariffs, Trump’s boisterous approach to … Continue reading Tariffs are a Tax on the Middle and Working Classes »