Rob Shapiro says there WILL be winners with the tariffs - the shareholders of multinational corporations that have production in foreign markets. They won’t be subject to the tariffs. It won’t help American workers of those corporations, of course, just the shareholders. And since Trump wants to use the tariffs to offset keeping his 2016…
Rob Shapiro says there WILL be winners with the tariffs - the shareholders of multinational corporations that have production in foreign markets. They won’t be subject to the tariffs. It won’t help American workers of those corporations, of course, just the shareholders. And since Trump wants to use the tariffs to offset keeping his 2016 tax cuts in place, that, too, will be a winner for shareholders by cutting business tax expense. It’s just another way to transfer wealth from the working class to the wealthy.
Rob Shapiro says there WILL be winners with the tariffs - the shareholders of multinational corporations that have production in foreign markets. They won’t be subject to the tariffs. It won’t help American workers of those corporations, of course, just the shareholders. And since Trump wants to use the tariffs to offset keeping his 2016 tax cuts in place, that, too, will be a winner for shareholders by cutting business tax expense. It’s just another way to transfer wealth from the working class to the wealthy.