1. April 15 is the traditional Tax Day with a progressive income tax to help fund essential and valuable needs of the public. Income tax is the fairest of tax structure helping the working class.
2. April 2, in contrast is a hidden regressive/unfair tax adversely affecting the working class. In total nearly $6 Trillion over 10 years will be raised by this HUGE tariff tax.
3. While the Republican Administration creates a new working-class tax, they continue to seek a HUGE $4.7 Trillion tax cut for the rich.
4. The Republican Administration has already established a “ERS” (External Revenue Service) to collect these new taxes showing these new taxes are their long-term goal. They may even terminate the Federal Income Tax which would be devastating to the working class because the income tax is a fair/progressive tax.
5. Widespread tariffs are extremely disruptive domestically and internationally. They will cause inflation and a possible economic recession. Don’t believe the GOP rhetoric of a “pot of gold” for everyone in the long term. Just another lie, another myth not based on a sound economic or logical foundation.