Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

RE:RE:Trump

[Torontojay]

tylerreddick wrote: " Is planning on putting a 60% + tariff on China and about a 20% tariff on everyone else. This is effectively a tax that foreign entities  have to pay to do business with the United States. "

I am surprised that anyone would repeat that lie that Trump keeps spewing.
American consumers pay for tariffs, not foreign exporters.

 

And corporate tax cuts goes back to China or does it stay in America? What do you think will happen to profits of American companies when their tax bill goes down? Inflation moves higher but so does their wages. 

Real wages has everything to do with the productivity of the economy as measured by output per hour. If you are more productive, your purchasing power increases as does your standard of living.