| second: While Trump still has the power, he should sign an executive order exempting himself from paying income taxes for life. That way he gets all that he wants without the consequences from abolishing the IRS and income tax collection. Justification? The IRS keeps auditing his IRS Form 1040. Audits are harassment of citizens and should be unconstitutional in Trump's mind. Especially when the citizen is Trump. [go to link] |
| second: Trump thinks tariff revenue could replace individual income taxes. Mostly, he'd rather stop pretending he paid all his income taxes. The quickest way to that ultimate goal is to abolish the IRS. [go to link] |
| 6ixStringJack: Shut. The. Fuck. Up. |
| second: Trump says his tariffs will pay off the National Debt. [go to link]/ |
| 6ixStringJack: You're so pathetic. |
| second: To increase theater ticket sales, US military members were 'pressured' by commanders to see 'Melania' [go to link]
Active military forced to watch ‘Melania’ documentary at SERE school. For those not in the know, SERE is Survival, Evasion, Resistance, Escape school. Its where soldiers go to learn how to survive torture/captivity/plane crashes. “It’s not just wretched. It’s offensive to the collective intelligence of the human race,” said one soldier serving in Army Special Forces. “I felt like the guy strapped to the chair in A Clockwork Orange, except instead of Beethoven it was an hour and a half of vacant narration about tasteful drapery.” [go to link] |
| second: Tariffs are a regressive tax because lower-income households spend a larger fraction of their income than higher-income households do on average. Expressed as a share of post-tax-and-transfer income, on the first decile is about three times that of the top decile (1.1% versus 0.4% if Section 122 tariffs expire, and 1.9% versus 0.6% if extended). The average annual cost to households in the bottom and top deciles are about $400 and $1,800 respectively in 2025 dollars—figures that assume Section 122 tariffs expire and are thus not reflected in these numbers. If instead Section 122 is made permanent, these annual household burdens would be $700 and $3,000. [go to link] |
| second: Current Tariff Rate: Before the IEEPA tariffs were struck down, consumers faced an overall average effective tariff rate of 16%, the highest since 1936. Immediately following the IEEPA ruling, the rate fell to 9.1%. After the Section 122 tariffs were imposed, the rate rose to its current level of 13.7%. If those tariffs expire in 150 days, the rate will fall again to 9.1%. [go to link] |
| 6ixStringJack: You can't even do basic math. Why should anybody listen to you about tariffs? |
| 6ixStringJack: Shut up, Second. You don't know shit about anything. |
| second: In the long run, tariffs present a trade-off. US manufacturing output expands by 2%, but these gains are more than crowded out by other sectors: construction output contracts by 2.4% and mining declines by 1.1%. (These effects are directionally similar and larger if Section 122 is extended.) [go to link] |
| second: Tariffs increase the unemployment rate by 0.3 percentage points by the end of 2026. In the long run, the US economy is persistently 0.1% smaller, the equivalent of about $30 billion annually in 2025 dollars. (If Section 122 is extended, the long-run hit is about twice as large.) [go to link] |
| second: If Section 122 tariffs expire as scheduled, the ultimate price level impact will be between 0.5% and 0.6%, representing a loss of between $600 and 800 for the average household. (If they are instead made permanent, the price impact would be between 0.8% and 1.0% and the household loss figure would be $1,000 and $1,300). [go to link] |
| THG: |
| Brenda: Posting is sticky. |
| Brenda: Posting is sticky. |
| 6ixStringJack: So now there will be a 150 day long 15% Tariff on everyone globally, and there will be investigations run during the course of those 150 days that will allow Trump to install permanent tariffs on whatever country he wants, fully within the constraints of the Constitution. When they work, because they will work, any future Democrat coming in and trying to take them away would be committing political suicide, not only for themselves but for their dead party in general. Keep jacking off to your brainrot headlines though, loser. |
| 6ixStringJack: So now there will be a 150 15% Tariff on everyone globally, and there will be investigations run during the course of those 150 days that will allow Trump to install permanent tariffs on whatever country he wants, fully within the constraints of the Constitution. When they work, because they will work, any future Democrat coming in and trying to take them away would be committing political suicide, not only for themselves but for their dead party in general. Keep jacking off to your brainrot headlines though, loser. |
| 6ixStringJack: So now there will be a 150 15% Tariff on everyone globally, and there will be investigations run during the course of those 150 days that will allow Trump to install permanent tariffs on whatever country he wants, fully within the constraints of the Constitution. When they work, because they will work, any future Democrat coming in and trying to take them away would be committing political suicide, not only for themselves but for their dead party in general. Keep jacking off to your brainrot headlines though, loser. |
| 6ixStringJack: Oh... BTW, loser. Trump just upped that 10% Global Tariff on EVERYONE to 15%. He's laughing in your stupid fucking face. Eat shit. |