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muriel_volestrangler

(104,537 posts)

11. Combined tariffs and tax changes made the bottom 80% of people worse off

Reply to BumRushDaShow (Original post)

Tue Jul 8, 2025, 10:08 AM

Jul 8

https://budgetlab.yale.edu/research/combined-distributional-effects-one-big-beautiful-bill-act-and-tariffs

That was mid-June rates. The black dot is the combined result - those in the 80-90% range (so pretty well off, but not millionaires) come out marginally in front. Only the truly rich in the top 10% do well - make out like bandits, in fact. The above is in percentage terms, but show it in dollars per household, and you see that the bottom 80% are just being forced to hand money to the top 10%:

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Working very well:' Peter Navarro says Trump's tariffs are benefiting the American consumer [View all] BumRushDaShow Jul 8 OP

When I get to work this morning, I've got a pile of new price tag changes on my desk. I've got to spend my time NBachers Jul 8 #1

Do they EVER tell the truth?............................. Lovie777 Jul 8 #2

No, never. NotHardly Jul 8 #4

Working well for those who get fat tax cuts bucolic_frolic Jul 8 #3

I don't want a fucking tax cut. I want Medicare for All. CrispyQ Jul 8 #5

No one takes this clown seriously FredGarvin Jul 8 #6

The faux-king idiot does. William Seger Jul 8 #8

👆👆👆THIS 👆👆👆 BumRushDaShow Jul 8 #10

A hundred rec's Bayard Jul 8 #16

Ex-con and active liar says what? Marthe48 Jul 8 #7

Reoublican education plan. Starve people until they are smart enough to find a dumpster. twodogsbarking Jul 8 #9

Combined tariffs and tax changes made the bottom 80% of people worse off muriel_volestrangler Jul 8 #11

If that's true snowybirdie Jul 8 #12

"Yuengling a home grown beer, is $22.00 a case." BumRushDaShow Jul 8 #14

Yuengling owned by trump supporters larwdem Jul 8 #18

Yup BumRushDaShow Jul 8 #19

Now we know there is trouble with the tariffs... Sessuch Jul 8 #13

Yeah, we already know his defining characteristic Warpy Jul 8 #15

Another Trump ass licker Yo_Mama_Been_Loggin Jul 8 #17

One day there should be a study of what went wrong in the brains of all of these people jgmiller Jul 8 #20

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