Two-thirds of Canadians give Trump an ‘F’ for his first year in office; half as many CPC voters agree January 28, 2026 – Prime Minister Mark Carney changed the tone of the Canada-U.S. relationship with a pointed speech about the breakdown of the international rules-based order that was directed at U.S. President Donald Trump. Or maybe he didn’t, after Trump…
Unbelievably damning results. I don’t see how the CPC can continue to function as a party.
Of course, but income tax is progressive (rates get higher with income) whereas tariffs result in a flat increase which disproportionately affects the poor because it represents a higher percentage of their income.
Let’s take cars, for example. If steel tariffs mean that a car costs $500 more than it did before tariffs, that $500 has a far bigger impact on someone who makes $40k a year versus someone who makes $200k. That $500 is borne in full by residents of the country that imposed tariffs, which is why tariffs really only penalize your own people in addition to whatever industry of your trade partners you’re targeting.
How’s that different than all taxes, aren’t all taxed passed onto the end user?
Of course, but income tax is progressive (rates get higher with income) whereas tariffs result in a flat increase which disproportionately affects the poor because it represents a higher percentage of their income.
Let’s take cars, for example. If steel tariffs mean that a car costs $500 more than it did before tariffs, that $500 has a far bigger impact on someone who makes $40k a year versus someone who makes $200k. That $500 is borne in full by residents of the country that imposed tariffs, which is why tariffs really only penalize your own people in addition to whatever industry of your trade partners you’re targeting.