Someone I live near said it wouldn’t matter because his income would be going up, and his tax burden would get lower, so the tariffs would be off-set. Now his company is cutting everyone’s compensation, even the the c-suite, and, if the tariffs really are upwards of 35% on China, they are looking at moving to Europe
It doesn’t matter. They’re all just pretend the prices are lower.
Someone I live near said it wouldn’t matter because his income would be going up, and his tax burden would get lower, so the tariffs would be off-set. Now his company is cutting everyone’s compensation, even the the c-suite, and, if the tariffs really are upwards of 35% on China, they are looking at moving to Europe
“It’s a delayed market response to the irresponsible socialist policies of the Biden/Harris administration.”