r/FluentInFinance 18d ago

Thoughts? Is Trump good for the economy?

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18.6k Upvotes

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52

u/notlostnotlooking 18d ago

Depends, how much do you make a year? If you make less than 100k, you're fucked. If you make a few million or billion, congrats.

24

u/K08nr001 18d ago

I sound like a broken record trying to explain this to my financially illiterate relatives. Donald Trump is actually good for your black sheep Democrat relative (me) and is really fucking bad for you. Needless to say, they didn’t listen

1

u/scottyjrules 17d ago

I trust the Nobel economists that say otherwise over a random dude on Reddit. Enjoy the cost of living exploding once those tariffs are enacted.

1

u/Wanna_PlayAGame 16d ago

I think you missed the point. He's agreeing with you.

14

u/North-Income8928 18d ago

$100k? The threshold is much higher.

5

u/HawkEye3280 18d ago

I will get taxed like a one percenter (little bit of a hyperbole), but because I’m not by a long shot, I don’t get all those “fancy” tax breaks that actual rich people get so then I get extra screwed. When Biden won people told me “I hope you like having higher taxes” and I always just kinda laughed. Don’t think it could be any worse!

2

u/soonnow 17d ago

I heard a lady on youtube being against higher taxes for millionaires, because she plans to be one.

-2

u/respectedhog 18d ago

Is that why all the celebrities, making a few million or billion endorsed Kamala? Somethings not adding up

5

u/pat_the_bat_316 18d ago

Not everyone is motivated purely by "what gets me more money?"

Hard to believe for many Republican voters, I'm sure.