The Trump Tax Increase
by UPFINA
UFINA Article of the Week
Trade War Escalates, A Tax Increase On Middle Class
While President Trump delayed the global auto tariffs, the situation with China isn’t as good. As we mentioned in a previous article, China is tough to deal with because of the intellectual property dispute. This is about bringing China onto a level playing field with America after decades of being an emerging market. Based on GDP per capita, China isn’t a developed economy, but its huge population makes it the powerhouse of global growth.
Source: http://econintersect.com/pages/analysis/analysis.php?post=201905220317
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