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346 points Kye | 1 comments | 25 Aug 25 17:41 UTC | HN request time: 0.001s | source

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cheema33 ◴[25 Aug 25 18:13 UTC] No.45016963[source]▶

This needs to be repeated. Tariffs are a tax on ordinary citizens. Unlike regular taxes, tariffs are not progressive and therefore benefit the wealthy.

These are the sort of things the poor and middle class voted for. To make the rich, richer. And then turn around and complain that rich are getting richer and they are getting poorer.

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hippo22 ◴[25 Aug 25 18:23 UTC] No.45017119[source]▶

>>45016963 #

Do you think that cigarette taxes should be repealed then?

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zymhan ◴[25 Aug 25 18:28 UTC] No.45017189[source]▶

>>45017119 #

https://en.wikipedia.org/wiki/Whataboutism

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1. Spooky23 ◴[25 Aug 25 18:32 UTC] No.45017251[source]▶

>>45017189 #

That’s not Whataboutism. Cigarette taxes are excise taxes, very similar to tariffs, and often implemented to encourage behavior by raising commodity cost.

In the case of cigarettes and alcohol they are partially “sin taxes” to discourage negative behavior.

In the case of the Trump emergency tariffs, they are seeking to pivot the entire economy.

So there’s a nuance and multiple ways to look at it. If you’re GM, the ability to make better margins on shitty cars is a net positive. If you’re in the technology or medical field, well, you’re fucked.

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