There goes our income tax cuts!!!!

When higher import duties are put on steel etc domestic steel prices will increase too. Mfg. costs go up and US consumer pays more us-made products.

Hefty import duties placed on imports from China etc increase the cost  to US consumers who pay the piper and not the chinese exporters.

Now the world oil market faces higher world prices  with collapse of the Iran deal. The domestic  oil producers just love it as they can see their domestic oil price 

rise along with the world price increase.

We all got a ''big beautiful'' tax cut a few  months ago.Right now the tax cut has been totally eroded by the above-mentioned events.

Honestly folks we are worse off than we were a year ago. Many people do not realize it or are not willing to admit it.

Oh Boy !!!!

 

 

 

 

 

 

  

 

 

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The higher prices will in turn increase income. So, the increased prices will be compensated

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