this post was submitted on 09 Nov 2024
102 points (94.7% liked)

World News

32322 readers
804 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 6 points 1 week ago (1 children)

Tariffs don't really tax the rich, they just raised the cost for the people at the bottom. You think the rich are going to take Cuts just because?

[โ€“] [email protected] 0 points 1 week ago

I think the rich are more prone to buying new items. Eventually the prices of used items will rise as a result of demand, but not right away. No one needs a new game console, and few could not meet their needs with a used PC or laptop.

Most in the US already have all of the above, but sure, this disproportionally "hurts" the poor.