by Daniel Brouse March 20, 2025 Tariffs function as one of the most regressive forms of taxation because they disproportionately burden lower-income individuals, harm economic efficiency, and provide minimal benefit in terms of reducing the deficit. Here’s why: 1. Tariffs as a Regressive Tax A regressive tax is one that takes a larger percentage of […]
Category Archives: taxes
Trump’s Sweeping Tariff Plan Threatens to Reverse Decades of Trade Progress
by Daniel Brouse March 20, 2025 Trump aides are preparing to implement a sweeping new set of tariffs on imports valued in the trillions of dollars, aligning with the administration’s push for a more protectionist trade policy. This plan, part of Trump’s so-called “reciprocal” trade agenda, is expected to significantly alter U.S. trade relations by […]
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Tagged economy
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Trumpenomics: How Tariffs, Policy Cuts, and Labor Shortages Are Devastating American Farmers
by Daniel Brouse March 13, 2025 Recent policies enacted by the President have had significant financial repercussions on American farmers, leading to substantial economic losses. 1. Impact of Tariffs and Retaliatory Measures The Trump 2.0 administration’s imposition of tariffs, particularly on steel and aluminum, has triggered retaliatory tariffs from major trading partners such as China, […]
Also posted in Agriculture, Business, Energy, Environment, Finance, freedom, Government, International, Politics, Society
Tagged economy
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A Storm Brewing in Global Trade
by Daniel Brouse March 12, 2025 Daily Market Update: A Storm Brewing in Global Trade While domestic markets remained relatively calm, international markets reacted with volatility to the latest round of tariffs, escalating trade tensions worldwide. In Trump 1.0, steel and aluminum tariffs were introduced at 25% on steel and 10% on aluminum, selectively targeting […]
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Tagged economy
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The Devastating Impact of Trump’s Steel and Aluminum Tariffs
By Daniel Brouse March 12, 2025 The Perterson Report released an analysis of the Trump steel and aluminum tariffs imposed during his first term that are very similar to the tariffs that went into effect today. In his last term, the result was a net loss of 75,000 manufacturing jobs and each job ‘saved’ cost […]
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Tagged economy
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The Great Depression vs. The Climate Crisis: Why the Stock Market May Never Recover
by Daniel Brouse March 10, 2025 Stock Market Recovery After the Great Depression The Great Depression, which began with the stock market crash of October 1929, led to an unprecedented economic collapse. The Dow Jones Industrial Average (DJIA) plummeted from a peak of 381 in September 1929 to a low of 41 in July 1932—an […]
Also posted in Business, Finance, freedom, Global Warming, Government, Politics
Tagged climate change, economy, real estate
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Capital Preservation During Trumpenomics
Capital Preservation Strategy: Using High Yield Savings and Treasury Direct Accounts One of the best methods of preserving capital while earning a reliable return is to leverage a combination of a high-yield savings account and a Treasury Direct account. Here’s how you can effectively use these tools to safeguard and grow your savings. High-Yield Savings […]
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Economic Update: Should I Panic Yet?
by Daniel Brouse March 3, 2025 The Atlanta Fed GDP tracker dropped to -2.8 today. That would mean a drop of 5.3% in one quarter. I’ve never seen it drop this fast in a quarter nor overnight like it just did (from +2.5 to -2.8 in one month with -1.3 in one day) Only one […]
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Tagged economy, real estate
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Trumponomics and Its Impact on U.S. GDP
As a fiscally conservative economist with 45 years of experience, I have never witnessed a President destroy and devastate an economy so rapidly. GDP is expected to fall by 4% with a spike in inflation during his first quarter in office. At the outset of 2025, economic projections indicated a steady growth trajectory for the […]
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Tagged economy, real estate
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World Economics 101: The United States and Global Trade Dynamics
by Daniel Brouse February 28, 2025 World Economics 101: For Dummies The world is a big place. The USA is a small part of it. Though we have the largest economy, it is only a fraction of the overall world economy. The US is completely dependent on a strong world economy. The US has been […]
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Tagged economy, real estate
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