Donald’s massive hidden tax is coming.

Get ready for a massive tax increase that will effect the middle and lower income class and you will never know it is coming. you will never know you are paying it, but it is coming.

Here is how he is doing to do it.

He is going to place tariffs on products made in China, Mexico and who knows where else. A tariff is a tax on imported goods and it is paid by the importer. It is used by government to protect various industries or business from completion by a source outside that country. Lets say you want to make sure you continue your steel capability so you tax cheap steel coming into your country so your steel companies can make money and stay alive. Now Donald is saying he is going to slap tariffs on goods form these countries not to protect business here but to punish them for having low wages and producing goods to be sold in the USA.

End result many of the items China now makes are no longer made in the USA so each of these items with a 35% tax on them means the stores are going to have to pay more and charge more.  Look at Wal-Mart a lot of their products they sell come form China; all of those will jump up in price. You are going to pay more and at the same time the government is going to collect that tariff money or better known as a hidden tax.

The price of a car is going to zoom up even those made in the USA. Why? Car manufacturing is no longer a made in one country but rather of parts made everywhere. So a part made in Mexico or China is going to have a 35% jump in cost and do you think Ford or GM are not going pass it on? They will and up goes the price. The US Government has just increased the cost of a new car and you are going to pay the tax. But your never going to know it, unless Ford or GM tells you what they pay in tariff taxes. They won’t, because if they did a twitter attack would be launch against them.

Get ready to pay this new tax after all he needs the money to build his wall. Mexico is not going to pay for it as he promised you they would, so the money will come from your pocket. Or maybe he will have tourist tours of the wall and charge for the tour just like China does for its Great Wall.  

Oh and by the way do you think China and Mexico are just going to sit back and do nothing. No they will raise tariffs on US products and our farmers and high tech manufacturers will take a big hit. 

Sorry but that is the way it is.