Tariffs are a TAX on the POOR!
The Nazi Regime is STEALING $3,800 per year from everyone!
The bottom 10 percent of households by income, for example, would spend 4% of their disposable income on tariffs, while the top 10 percent will only pay 1.6%.
If the tariffs bring on a recession, low-income communities will suffer the most!
During the Great Recession between 2007 and 2009, the number of people living below the poverty line increased by nearly 5 million. When layered on top of the tax cuts, program cuts, and others that have also started putting the economy into a tailspin, the bottom 20% of earners in the US are set to lose $2,030 annually, or 9% of their incomes. #Tariff #tariffs #tax #taxes #economy #recession
https://budgetlab.yale.edu/research/where-we-stand-fiscal-economic-and-distributional-effects-all-us-tariffs-enacted-2025-through-april