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The average American is set to be $2600 worse off due if US President-elect Donald Trump ca


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Posted

They need to extend the Trump 2017 tax cuts that expire in 2025. Otherwise, it will be a tax increase on almost all taxpayers. If they can eliminate the tax on Social Security benefits, that would be good as well

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Posted
1 minute ago, Nick Carter icp said:

Stop other Countries sending cheap goods to the USA . 

Get Americans to buy American made goods and that will boost the economy , stop buying cheap Chinese junk

Same as in OZ go to the biggest hardware store 90% is made in China apart from paint. But tariffs will end up being paid by locals as we know   

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Posted (edited)

Trump policies are inflationist:

- mass deportation will induce wage inflation, and hence price inflation,

- tariffs will create price inflation,

- tax cuts will stimulate demand and hence trigger inflation.

Edited by candide
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Posted
7 minutes ago, still kicking said:

Same as in OZ go to the biggest hardware store 90% is made in China apart from paint. But tariffs will end up being paid by locals as we know   

 

   They money will also be going to locals instead of to  Chinese guys in China 

Posted
5 minutes ago, Nick Carter icp said:

 

   They money will also be going to locals instead of to  Chinese guys in China 

Don't won't to argue but you will be paying a higher price and companies will shut down, I know because we had the same problem in OZ 

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Posted
1 minute ago, still kicking said:

Don't won't to argue but you will be paying a higher price and companies will shut down, I know because we had the same problem in OZ 

 

Does Australia actually produce anything other than uranium and bush meat? America has a much larger work force and a wide variety of natural resources. 

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Posted
7 minutes ago, still kicking said:

Don't won't to argue but you will be paying a higher price and companies will shut down, I know because we had the same problem in OZ 

I guess you know nothing about Australia 

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Posted
6 minutes ago, Cryingdick said:

 

Does Australia actually produce anything other than uranium and bush meat? America has a much larger work force and a wide variety of natural resources. 

Sorry posted on my own reply 

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