TARIFF MAN COMETH: Trump's Trade Taxes Screw Over Poor People... AGAIN!

Tariffs: The Gift That Keeps on Gifting... to the Rich

Alright alright alright you beautiful baldies! Asmongold here ready to dive headfirst into another dumpster fire of economic policy. So apparently if Trump gets back in and doubles down on his whole 'tariff' thing it's gonna smack the poor right in the kisser. You know the usual. According to some fancy pants analysis from the Institute on Taxation and Economic Policy (ITEP) these tariffs are basically a tax on being poor. Imagine that! A tax on struggling. Sounds about right for 2024 doesn't it? The rich just keep getting richer and the poor... well you know the rest. They're out there fighting each other for scraps. Aint gonna lie.

6.2%?! Are You Freakin' Kidding Me?

Let's break it down shall we? Apparently these tariffs could jack up taxes for the poorest 20% of households by a whopping 6.2% of their income. 6.2%! That's like half a month's worth of ramen noodles folks! Meanwhile the top 1% the guys swimming in so much money they could literally bathe in gold (which let's be honest some of them probably do) they'll only see a measly 1.7% increase. It's 'unfair' is what it is. Its like seeing a homeless man and kicking him in the teeth and then spitting on him. Its the equivalent of that.

Taxes by Any Other Name... Still Suck

Some 'experts' over at the Heritage Foundation – a bunch of 'conservative think tanks' – are calling tariffs 'taxes on Americans'. Well no freakin' duh! That's like saying water is wet. But they're right these tariffs disproportionately affect low income folks because they spend a larger chunk of their money on basic necessities like food and clothing. So basically Trump's making it more expensive to be poor. Someone get this guy a participation trophy stat!

Yale Knows What's Up: It's a 'Regressive' Policy Dumbass!

Even the Yale Budget Lab is getting in on the action calling Trump's tariffs a 'regressive' policy. Translation: it screws over the poor more than the rich. Groundbreaking stuff folks! I mean who would have thought that policies that hurt the little guy would actually... hurt the little guy? Someone should get a Nobel Prize for this level of insight. No joke.

The 'One Time Price Adjustment' Lie

Oh and Treasury Secretary Scott Bessent is trying to spin this whole thing by saying tariffs might lead to a 'one time price adjustment' for consumers. A 'one time price adjustment'? Is that what we're calling it now? That's like saying a kick to the groin is a 'one time discomfort adjustment'. It's a flat out lie! And then he tries to sweeten the deal by promising a tax cut. But hey at least he is being honest. No one likes paying taxes!

The Bottom Line: We're All Doomed!

So there you have it folks. Trump's tariffs are gonna hit the poor the hardest. The rich will keep getting richer. The middle class will keep disappearing. And I'll be here ranting about it all while raking in the Twitch subs. It's the American Dream baby! But real talk though this kinda crap makes me worried about the future. The world is a mess. So get your pitchforks ready because it's gonna be a bumpy ride. Okay bye.