Minnesota Department of Education's K-12 ELA standards are requiring schools starting in the 2025-26 school year to teach 3rd graders how to use non-binary gender pronouns.
Latest data shows that only 46.3% of 3rd-grade students in MN met grade-level reading standards.
MN schools should be stripped of funding for pushing gender ideology on kids.
I'm just curious if anyone else in MN feels like the public attitude has changed?
Going to stores is something I used to enjoy. It provided a chance for me to chat with others and meet people in the community.
Anymore, it seems a simple smile to another person is deemed rude.
Your math suggests that a higher after-tax profit might be achieved under Kamala Harris' plan if the company absorbs the full tariff cost (which seems to be the point you’re trying to make, so I’ll dive deeper into what I believe is the core of your argument). However, this simplification overlooks key factors that have broader and more significant impacts on both businesses and everyday Americans.
Trump's policy, with its lower corporate tax rate and strategic tariffs, is designed to protect domestic industries, promote job creation, and encourage American companies to compete globally.
Trump's approach remains more beneficial, even if you go to the extreme and companies pass the entire tariff cost onto consumers
Increase Sales Price to Cover Tariff:
Tariff Cost: $7
New Sales Price: $100 (original) + $7 (tariff) = $107
Gross Margin:
Gross Margin: $107 (sales) - $70 (COGS) = $37
Pre-Tax Income Under Trump (with tariff cost passed on):
Pre-Tax Income: $37 (no tariff deducted as it's passed to consumers)
Corporate Tax Under Trump (21%):
Tax: $37 * 21% = $7.77
After-Tax Profit Under Trump:
After-Tax Profit: $37 - $7.77 = $29.23
After-Tax Profit Under Trump (with tariff passed on): $29.23
After-Tax Profit Under Harris (no tariff, but higher corporate tax): $21.60
By passing the tariff cost to consumers, businesses make $7.63 more in after-tax profit under Trump’s plan compared to Harris’. This means more capital for businesses to reinvest in jobs, innovation, and growth.
While passing the tariff cost to consumers may lead to a price increase, the long-term benefits of Trump's plan are significant.
Tariffs encourage consumers to buy American-made products, supporting local businesses and reducing reliance on foreign imports. This leads to more jobs and a stronger economy at home, benefiting workers and consumers alike.
With higher after-tax profits under Trump's plan, businesses have more money to invest in hiring, expanding, and improving their products, ultimately boosting the economy. More jobs and higher wages outweigh the temporary increase in prices due to tariffs
Trump’s policy pushes businesses to become more competitive in the global market, protecting American innovation and ensuring the U.S. remains a leader in critical industries.
Harris' plan may offer short-term savings on tariffs, but her higher corporate tax rate discourages investment, leading to slower growth. Businesses will have less incentive to expand, and the overall economy could suffer. This, in turn, leads to fewer jobs, less innovation, and stagnant wages, hurting everyday Americans in the long run.
Under Harris' administration, we have already seen price hikes of 20%, 30%, and in some places even 50%, far outpacing the impact of potential tariffs. A 10% price increase seems like a dream today.
@GovTimWalz It's great for the kids that, without this, wouldn't be getting adequately fed.... but nothing is actually free. The food at most schools aren't healthy. There aren't options for kids with dietary restrictions. We will all pay for this eventually 🫠