Advertisement. Advertise with us

Letter from Pamela Fitch Tausta

Trump’s Ideas Will Hurt Us

When Cleveland was president, some House of Representative members tried to stop paying the government expenses by collecting tariffs because it was very bad for the average people. Why is Trump pushing tariffs?

Think about your life. Tariffs will be added to what you pay for items. Your food (fruits, vegetables, meat, coffee, tea, chocolate) is imported and will be subject to tariffs. Medicine, medical machinery, machine parts, building material, wood, wood chips, car parts and computer chips are all imported. Your clothes are made abroad. Remember that Ivanka Trump got 41 trademarks for Chinese goods, including sausage casings. All of those will be under tariffs. Who will pay these tariffs? The consumers. This will also hurt small businesses.

Why is Trump pushing tariffs? That money will go to the government. That means the government can function without the millionaire and billionaire taxes from people Trump has promised. Check the rates they now pay as individuals and as corporations, as we are still under Trump’s last cuts. The average person was not saving on those tax rates. The CEO of Boeing, with all its failures, gets a salary of $32.8 million. That amount is more than Boeing paid in taxes. Ford and other companies also pay their top executives more than they pay in taxes.

These executives also pay less of a percentage than teachers, police, janitors and garbage collectors.
Trump’s ideas will hurt your pocketbook, the economy and business.

Pamela Fitch Tausta
Oneonta

Posted

Leave a Reply

Your email address will not be published.

Related Articles

The Myth Busting Economist: Debunking the Trump Biden Trade War

Both Biden and Trump are trade protectionists, which means they are willing to put tariffs—taxes, essentially—on imported items. Tariffs make imported items more expensive, which is supposed to create more reasons to produce those things in the United States. Do tariffs produce such magic? To answer, it’s important to first understand how international trade works.…

Rankin: Just Say No to Trump

Yes, I agree with Bruce Beckert’s sentiment at the end of his diatribe against the national media. I also pray that God blesses our country to protect us from a second Trump presidency. Let’s all vote and say no to:…

Putting the Community Back Into the Newspaper

Now through July 31st, new or lapsed annual subscribers to the hard copy “Freeman’s Journal” (which also includes unlimited access to AllOtsego.com), or electronically to AllOtsego.com, can also give back to one of their favorite Otsego County charitable organizations.

$5.00 of your subscription will be donated to the nonprofit of your choice:

Cooperstown Farmers’ Market, Cooperstown Food Pantry, Greater Oneonta Historical Society or Super Heroes Humane Society.