Trump tariffs will cost U.S. households $830 a year, study says (www.axios.com)

submitted 2 years ago by melp@beehaw.org to c/usnews@beehaw.org

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Something something cost of eggs.

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[-] Zaleramancer@beehaw.org 7 points 2 years ago

Wanted to add to this as well: In 20 US states, the minimum wage is 7.25 an hour. If someone is working minimum wage, this represents almost three weeks of work- more, because of income taxes. It would represent the consumption of, like, 20% of your gross income?

So that's going to kill people, either directly or by overwork.

this post was submitted on 01 Feb 2025

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