April 21, 2025 🇺🇸 Trump is Bankrupting America: How Border Taxes Are Trumping Everyone April 21, 2025 On April 2, 2025 — a date now etched into infamous economic history as the worst political idea ever, “Liberation Day” — convicted felon and 6-time bankruptcy filer, President Donald J. Trump enacted sweeping universal border taxes (tariffs) , imposing a 10% import tax on all foreign goods and sharply higher rates on nations like China. Framed as a move to revive American manufacturing and reclaim sovereignty, the dumbest tax policy in world history has had one indisputable consequence : Trump is making every American poorer — regardless of race, creed, national origin, or income bracket. 💸 The Trump Tax No One Can Escape Tariffs are often misunderstood as penalties paid by foreign countries. In reality, tariffs are import taxes paid by American businesses and passed onto American consumers at the expense of everyone in the economy. Everything from food to el...
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