Post

Yes, tariffs are a tax, but people don't mention often enough that they are a regressive tax. Taxes on consumer goods tax the poor at a higher rate, as basic necessities are a much larger part of their spending. If food goes up by 20%, it is a tax on the poor. Rich people won't even notice.

Existential Comics

@existentialcomics.com

To explain it clearly, if you tax food at 20%, and a poor person spends 10% of their income on food, that is a 2% tax on their income. Very rich people might spend only 0.1% of their income on food though, so that is only a 0.02% tax on their income.

27/3/25, 9:24 pm49 reposts344 likes

Stacey Fakename

@jwaddd.bsky.social

27 Mar 2025

Flat taxes are regressive taxes. People upset with tariffs should hear about states with no income tax made up for with sales tax. Fucking gross.

Lindsay Knight

@knightwriter.bsky.social

27 Mar 2025

If your monthly food bill was $500, now it's $600. It's brutal.

Ele

@elevel.bsky.social

28 Mar 2025

This is why poor people should not have children. When one is poor with this kind of government, hope is lost for the next generation too: pay more on food being poor, less is left for education. Oligarchy needs it all to go to Mars.

dravensfire 🏳️‍🌈🏳️‍⚧️🤗

@dravensfire.bsky.social

27 Mar 2025

As a wise 16-yr-old, I thought a flat tax would be the fairest. And then my actually wise mother explained this same math to me. Theres no such thing as having too much money to afford food, but lots of folks have too little. I'm glad she's dead, so she does have to witness all this faschie BS.

Micah Sherman

@shermanmicah.bsky.social

27 Mar 2025

Very good point. Unfortunately it's a lot higher than that for the poor.