Saturday, June 28, 2025

trump has been clear enough that his shift towards tariffs is a shift away from taxing profit or income and towards taxing consumption. he likes this precisely because it incentivizes saving over spending, which is a typical conservative fiscal position, and one that most economists today think is recessionary and regressive. it's less that class-focused old timey conservatives like trump disagree, and more that they don't care. it's class war. it helps those with inherited wealth at the expense of those that need to work.

this is why he doesn't like the digital services tax in canada.

but, trump was not elected as president of canada. he has no mandate. he should back off.