Thread: Dow crashes over 600 points to 2017 numbers, years gains gone on Feds negative report
View Single Post
Old 10-24-2018, 04:36 PM  
Bladewire
StraightBro
 
Bladewire's Avatar
 
Industry Role:
Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
Quote:
Originally Posted by directfiesta View Post
... and using this tax ( that is what tariffs are ) to try to diminish the increase of deficit to give more tax cuts ...

Like a snake eating it's own tail

Exactly

Tarriffs are a tax that BUSINESSES pay to a foreign federal government.

Automakers that import steel and export cars are getting hit hard, as has machine maker Caterpillar

Businesses are now passing their 25% Tarrifs down to the consumer.
Bladewire is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote