Latest / Stuff Mom Never Told You / Women, Taxes and Tariffs
Transcript
- 0:05Speaker 1: Hey, this is Anny and Samantha. I'm welcome to stuff
- 0:07Speaker 1: I've never told you, but if I heard you. And
- 0:18Speaker 1: today is April seventeenth, twenty twenty five as we record this,
- 0:23Speaker 1: which means we just passed tax Day in the United States.
- 0:30Speaker 1: Taxes are so stressful. They are I hate doing them.
- 0:36Speaker 1: I feel like I have to just focus so hard,
- 0:40Speaker 1: get out my dictionary. I feel like I'm being tricked, Like, Okay,
- 0:47Speaker 1: you're telling me that I just don't think I have this,
- 0:50Speaker 1: but you're telling me I do. It's just a mess.
- 0:57Speaker 1: How was it for you this year, Samantha.
- 1:00Speaker 2: So I started in really early because what we usually
- 1:04Speaker 2: get for our job in general went down significantly. That
- 1:09Speaker 2: made me have a panic moment, and I knew with
- 1:12Speaker 2: everything happening with the new administration that I wanted to
- 1:16Speaker 2: get it done as soon as possible with all the
- 1:19Speaker 2: When I got all the documents, and I don't have
- 1:21Speaker 2: as much as many other people say, so we only
- 1:23Speaker 2: have one succinct job I do, and then like a
- 1:28Speaker 2: house and a few other things, and the forms come
- 1:31Speaker 2: in pretty quickly, like the first month. So as soon
- 1:33Speaker 2: as I got them all, I went in immediately because
- 1:35Speaker 2: I was like nope, nope, y'all, y'all can't trick me.
- 1:38Speaker 3: You can't trick me.
- 1:40Speaker 2: So it was pretty seamless and I got everything back
- 1:43Speaker 2: pretty quickly soon after I turned everything in as well
- 1:47Speaker 2: as started. I think a federal was really fast this
- 1:50Speaker 2: year for me. All the headlines started popping up about
- 1:52Speaker 2: all the changes that could be coming.
- 1:54Speaker 3: I was like, yeah, nope, I got it done. Do
- 1:56Speaker 3: you can't get me?
- 1:57Speaker 2: So I felt a little like out of myself, were
- 2:00Speaker 2: trying to get this out the way.
- 2:05Speaker 3: Well, i'd say all about braggy form.
- 2:07Speaker 1: Sorry, y'all, No, that's all right. Taxes, I usually try
- 2:12Speaker 1: to get them done early, but I feel like I'm
- 2:14Speaker 1: always missing one form yeah, which sometimes is true and
- 2:18Speaker 1: sometimes isn't. But this year I told you, I mistakenly
- 2:25Speaker 1: misremembered when we recorded the audio book and tried to
- 2:29Speaker 1: log that in into my dad and it was like no, no, no,
- 2:34Speaker 1: no no. And that's when I had a wake up
- 2:37Speaker 1: calls like, oh wow, time has really ceased to matter
- 2:41Speaker 1: to me. I haven't gotten anything back yet, so we'll see,
- 2:47Speaker 1: we'll see. And famously I have been famously to me,
- 2:51Speaker 1: I have been audited so very paranoid very, very paranoid.
- 2:58Speaker 1: But today we thought we would do kind of an
- 3:03Speaker 1: overview of some issues with women in taxes and then
- 3:08Speaker 1: women in tariffs, which is a big conversation happening in
- 3:13Speaker 1: the US right now. I would love if people from
- 3:15Speaker 1: other countries would write in about how taxes work in
- 3:20Speaker 1: your country. I'm just curious. But yes, you could see
- 3:26Speaker 1: our past episodes on the pink tax and also I
- 3:30Speaker 1: would say our Marriage and People with Disabilities episode where
- 3:33Speaker 1: we talked about that. But all right, starting with taxes.
- 3:37Speaker 1: Tax Day was a couple of days ago as we
- 3:40Speaker 1: record this, and I wanted to look to see if
- 3:42Speaker 1: there were any issues around sexism and taxes, and of
- 3:45Speaker 1: course the answer is yes, of course it is. One
- 3:48Speaker 1: of the main things I found was joint filing with
- 3:52Speaker 1: the spouse in the US often results in women getting
- 3:55Speaker 1: taxed at a higher rate in a heteronormative sense, because
- 4:01Speaker 1: these rules were designed when women largely stayed at home
- 4:04Speaker 1: while men worked and were largely designed to spare white
- 4:07Speaker 1: men some tax money. Now that women often work along
- 4:12Speaker 1: with their partner, this can mean that women are getting
- 4:15Speaker 1: tax more highly, and it has to do with the
- 4:18Speaker 1: gender pay gap. A bunch of other things, but that
- 4:21Speaker 1: is one of the main reasons. While partners can file
- 4:26Speaker 1: their taxes separately, only seven percent due this leads some
- 4:30Speaker 1: women to decide to quit their jobs and focus on
- 4:32Speaker 1: childcare to save money, which, as we always say, you know,
- 4:36Speaker 1: if you want to stay at home and take care
- 4:39Speaker 1: of children, that's fantastic. That is not a lesser choice,
- 4:43Speaker 1: but it should be a choice, not something that you're
- 4:46Speaker 1: forced into. Studies have found that reworking the whole thing,
- 4:52Speaker 1: are getting rid of this sort of joint filing system
- 4:55Speaker 1: that we have right now all together, would increase married
- 4:58Speaker 1: women's participation in the workforce. Most other countries have abandoned
- 5:03Speaker 1: this system, by the way, but all right, there is
- 5:08Speaker 1: a lot of history behind this. For a long time
- 5:11Speaker 1: in the US, women were considered second class citizens and
- 5:14Speaker 1: married women were required to file under their husband's name.
- 5:19Speaker 1: In the nineties, activists did try to amend this whole
- 5:22Speaker 1: thing or get rid of it, but conservatives claimed it
- 5:25Speaker 1: was essentially an attack on women being homemakers and traditional marriage,
- 5:30Speaker 1: so they were like, no way.
- 5:33Speaker 3: Yeah.
- 5:33Speaker 2: Interestingly, according to miss magazine, single women are hit hard too.
- 5:38Speaker 2: Here's a quote quote. The tax code has been designed
- 5:41Speaker 2: to favor married couples, as former Department of the Treasury
- 5:45Speaker 2: tax attorney Lily King concluded in a paper on the
- 5:48Speaker 2: lack of fairness within our system, She writes, a single
- 5:51Speaker 2: person never pays less relative to a couple, whether married
- 5:54Speaker 2: or unmarried, with the same amount of income as a
- 5:57Speaker 2: single person.
- 5:59Speaker 1: Studies for black folks and gay folks are penalized too,
- 6:02Speaker 1: for largely systemic reasons. I guess I should put here.
- 6:06Speaker 1: I think it's obvious, but we're not tax experts. Uh
- 6:10Speaker 1: so you can there have been, There has been a
- 6:15Speaker 1: lot written about this, and you can look into it
- 6:17Speaker 1: if you would like, but for now we're just doing
- 6:21Speaker 1: kind of an overview. I will say, my dad used
- 6:24Speaker 1: to do my taxes, and it did feel at the
- 6:28Speaker 1: time that like he was the man who understood it
- 6:33Speaker 1: and I could never get it, you know. And I
- 6:36Speaker 1: don't think he was projecting that to me necessarily, but
- 6:39Speaker 1: that's what I was kind of picking up. And also
- 6:44Speaker 1: I don't blame him, but it was the tax return
- 6:46Speaker 1: he turned in that got me audited.
- 6:49Speaker 2: Oh really, I don't think I knew those I thought
- 6:51Speaker 2: you would actually had a technology.
- 6:55Speaker 1: But but I think that the penalty should have been
- 7:01Speaker 1: very minor. But I moved and I think I missed
- 7:06Speaker 1: the notification and it just builds up if you don't
- 7:12Speaker 1: know you got it. And so it should have been
- 7:15Speaker 1: a minor like he missed it, one thing, he did
- 7:18Speaker 1: one thing incorrectly. It should have been like a two
- 7:22Speaker 1: hundred dollars fee. It got a lot higher than that.
- 7:27Speaker 2: So this is a question I have in which even
- 7:30Speaker 2: not before this administration, but like all of the departments,
- 7:34Speaker 2: especially like things like the tax irs and such, it's
- 7:37Speaker 2: impossible to get to them and you can never figure
- 7:40Speaker 2: out how to try contest anything.
- 7:42Speaker 3: And everything comes through mail, and.
- 7:45Speaker 2: If you don't get it, it literally just gets set
- 7:48Speaker 2: back and that's it, and then you get penalized for that.
- 7:52Speaker 3: That seems absurd. It is, and it feels like a setup.
- 7:56Speaker 1: It is, and now they're firing more of the RS people.
- 7:59Speaker 1: Of course, when I finally got to an IRIS person
- 8:05Speaker 1: when I was being audited, she was crying and I
- 8:07Speaker 1: was like, oh God, it's gonna be okay. Meanwhile, I'm thinking,
- 8:14Speaker 1: look at this fee. This is ridiculous. It was a
- 8:20Speaker 1: very ridiculous fee. It was horrible. I cried every time
- 8:24Speaker 1: I got a message from the rs, and essentially it
- 8:28Speaker 1: was from like one little error and me moving and
- 8:31Speaker 1: not getting a message, and it was pretty devastating. Like
- 8:35Speaker 1: if I hadn't had savings, that would have really taken
- 8:42Speaker 1: me out. And it wasn't really my fault, right, I mean.
- 8:48Speaker 2: That's kind of what happened with like student loans and
- 8:50Speaker 2: people's like if you can't pay off it an entire chunk, it.
- 8:54Speaker 3: Just builds up.
- 8:55Speaker 2: Like I looked back at the amount of what I
- 8:58Speaker 2: originally took out, and it has grown eight times what.
- 9:03Speaker 3: I took out. And by the way, I've been paying.
- 9:07Speaker 2: Oh, I paid for like the past entirety of my
- 9:12Speaker 2: college except for like one year with the pause when
- 9:15Speaker 2: doing COVID, and like it's such an absurd amount that
- 9:19Speaker 2: it went to from what it was to, which is
- 9:22Speaker 2: because I was not as a social worker who got
- 9:25Speaker 2: paid less amenimum wage, could not pay the entirety of
- 9:30Speaker 2: the amount, so it just grew.
- 9:32Speaker 3: Yeah, stuff like that, just like this is where it's
- 9:36Speaker 3: a scheme.
- 9:36Speaker 1: Yeah yeah, oh yeah, because again I'm not going to
- 9:42Speaker 1: give you the number, but Samantha knows it. And it
- 9:44Speaker 1: was horrendous. Yeah, and I should have only paid two
- 9:47Speaker 1: hundred and it was eyewatering how much I ended up
- 9:53Speaker 1: having to pay, And it was just because I didn't
- 9:56Speaker 1: know I had something to pay. I had to hire
- 10:00Speaker 1: a fancy lawyer.
- 10:02Speaker 2: Right. We even had to shell out more money, yes,
- 10:05Speaker 2: to get it settled.
- 10:06Speaker 1: Yes. Another thing that people talk about when it comes
- 10:18Speaker 1: to women and the tax industry here in the US
- 10:22Speaker 1: and around the world, it's largely made up of men.
- 10:26Speaker 1: Also no surprise, especially in kind of more executive leadership roles.
- 10:32Speaker 1: I read somewhere that women only account for about eleven
- 10:35Speaker 1: percent of finance ministers. There's also a whole story about
- 10:39Speaker 1: how there was a Finance global summit and there was
- 10:43Speaker 1: only one woman and she wasn't allowed to take a
- 10:45Speaker 1: picture with the men. So it's not great. That's not good.
- 10:51Speaker 1: Another thing that's no surprise. A nine out of ten
- 10:54Speaker 1: US dollar billionaires are men. So if they aren't getting
- 10:58Speaker 1: properly taxed, or they're aren't getting properly taxed, why does
- 11:02Speaker 1: the gender poverty gap and the gender savings gap? Uh?
- 11:10Speaker 1: And yeah, there are other more complicated ways taxes impact
- 11:13Speaker 1: women too, including how taxes are allocated, what tax funded
- 11:18Speaker 1: programs they go to or don't go to, improving safety
- 11:22Speaker 1: in public spaces, investment into things like domestic violence, childcare,
- 11:27Speaker 1: all of which childcare still largely falls to women. And
- 11:30Speaker 1: a lot of the tax uh blog posts I read
- 11:33Speaker 1: were about this. As you can imagine, those are not
- 11:38Speaker 1: a high priority for this administration, and in fact they
- 11:40Speaker 1: are actively being dismantled. So that's another way taxes impact women.
- 11:49Speaker 1: And of course all of this is made worse by
- 11:51Speaker 1: the pink tax, which we have talked about before. But
- 11:54Speaker 1: the pink taxes when products typically more geared towards women,
- 11:59Speaker 1: are more heavily text or even just products women need,
- 12:04Speaker 1: they're just more heavily taxed, so that makes the whole
- 12:08Speaker 1: thing worse.
- 12:10Speaker 2: Interestingly, I came up on someone who just wrote a
- 12:13Speaker 2: book titled Double Tax, The Double Tax an a giftyman.
- 12:20Speaker 2: I'm so sorry if I said that right, I'm gonna
- 12:22Speaker 2: find the correct way to say, because I'm really interested
- 12:24Speaker 2: in this book. And she writes not only about the
- 12:26Speaker 2: pink text, but how women of color, specifically black women
- 12:30Speaker 2: are doubly taxed on top of that, and then talking
- 12:33Speaker 2: about tarofts.
- 12:34Speaker 3: So we'll look into that.
- 12:36Speaker 2: But I find that fact like conversation starting to happen more,
- 12:39Speaker 2: and I'm really glad to that. But it is is
- 12:42Speaker 2: this like eye opening moment of realizing, yeah, this is
- 12:45Speaker 2: gonna affect everyone, but who's gonna affect the most are
- 12:48Speaker 2: black women.
- 12:49Speaker 1: Yep. Yeah, which does bring us to tariffs and so
- 12:56Speaker 1: called pink tariffs.
- 12:59Speaker 3: Okay, a fun name for that too, I know, let's just.
- 13:02Speaker 1: Put a fun name on it. Okay, So again, not experts,
- 13:09Speaker 1: but I did want to put this in here because
- 13:11Speaker 1: a lot of people do get this wrong, including some
- 13:14Speaker 1: people that are running this country. A tariff is paid
- 13:18Speaker 1: by the country doing the imboarding, not the country where
- 13:21Speaker 1: the products are coming from. All right, Okay, so Trump
- 13:28Speaker 1: has long been obsessed with tariffs. He made it clear
- 13:31Speaker 1: all of you CEOs that are now mad, that this
- 13:34Speaker 1: was something he was going to do, something to expect.
- 13:39Speaker 1: And of course the rollout of his tariffs was disasters
- 13:42Speaker 1: and hurt not only the US economy but the global economy.
- 13:45Speaker 1: So he paused them for ninety days, which, by the way,
- 13:47Speaker 1: he had been president less than ninety days when this happened.
- 13:50Speaker 1: Isn't that a fun fact? Apart from the tariffs on China,
- 13:54Speaker 1: which is an ongoing thing right now, but you know,
- 13:57Speaker 1: be cool, it's Okay, be cool. Oh if they do.
- 14:01Speaker 1: If these tariffs do roll out, according to plan, they
- 14:04Speaker 1: are anticipated to cost American households and annual sixteen hundred
- 14:08Speaker 1: to two thousand dollars, but other estimates put it higher
- 14:11Speaker 1: in the three thousand dollars range, which is a lot.
- 14:15Speaker 1: And this is this is a thing I found that
- 14:19Speaker 1: I was shocked and then like, I guess, So apparently
- 14:23Speaker 1: in cells love Trump's tariffs and think they will get
- 14:27Speaker 1: them girl friends. All right, So the Manisphere, which we
- 14:36Speaker 1: did we have an episode on you can check out
- 14:39Speaker 1: that we did pretty immediately after the election, is torn
- 14:45Speaker 1: between confusion and anger at these tariffs. They don't know
- 14:50Speaker 1: a lot of them are just trying to explain them
- 14:52Speaker 1: away or justify them, even as Trump himself is going
- 14:56Speaker 1: all over the place and backtracking and changing his mind.
- 15:00Speaker 1: Markets in turmoil. And then of course I don't know
- 15:05Speaker 1: why we gotta do this, but here we are. A
- 15:07Speaker 1: Fox News host wondered if tariffs could be the ultimate
- 15:11Speaker 1: testosterone boost. Another one claimed that the return of factory
- 15:16Speaker 1: jobs to the US is good because quote, when you
- 15:19Speaker 1: sit behind a screen all day, it makes you a woman.
- 15:22Speaker 1: Studies have shown this. Meanwhile, Meanwhile, the Kirn read something
- 15:31Speaker 1: like Trump's manly tariffs. This is a real thing and
- 15:35Speaker 1: it was a meme, so you can look that up.
- 15:38Speaker 1: Because these are manly jobs. Another big argument is like,
- 15:43Speaker 1: if you can't stomach the turmoil, you're no man. Yeah,
- 15:48Speaker 1: successful men must suffer. They don't have fun. You hustle
- 15:53Speaker 1: except sometimes but mostly no.
- 15:58Speaker 2: Can we also talk about with this level will of
- 16:00Speaker 2: like become a man being the factory, be out there,
- 16:03Speaker 2: use your hands. The black lung has come back. Oh
- 16:10Speaker 2: I just read that because of this has everything to
- 16:14Speaker 2: do with the CDC and the different health departments and
- 16:17Speaker 2: the disease prevention stuff. But in this conversation of like,
- 16:22Speaker 2: beware coal miners who are still existing, who some of them,
- 16:27Speaker 2: chunk of them did vote for Trump. Union people who
- 16:32Speaker 2: are voting and said we should, they didn't. They never
- 16:34Speaker 2: necessarily endorsed Trump, but they didn't endorse anyone else. Like
- 16:38Speaker 2: certain peoples were like, oh no, but definitely Trump. Yeah,
- 16:42Speaker 2: old school diseases, which I don't think they were eradicated.
- 16:45Speaker 3: Like give me, I don't know much about black lung,
- 16:48Speaker 3: so maybe.
- 16:48Speaker 2: Someone else who does can come at me and let
- 16:50Speaker 2: me know. But yeah, they're talking about reported cases of
- 16:53Speaker 2: an increase or a notable difference of increase in black lung.
- 16:59Speaker 3: Be a man diarly of black log.
- 17:03Speaker 1: Yeah, well, there is a lot being written about this
- 17:07Speaker 1: because there's a lot of discourse that's happening within the manisphere.
- 17:13Speaker 1: That is, essentially women are at fault, of course, because
- 17:18Speaker 1: they messed with the quote natural order and they were
- 17:21Speaker 1: having fun. They were ruining men's lives by having fun
- 17:26Speaker 1: and by wanting divorces, and so the discourse is men,
- 17:33Speaker 1: you shouldn't be having fun. This should hurt, and if
- 17:38Speaker 1: you question it, what's wrong with you? It's very much
- 17:45Speaker 1: turning it on, like you can't if you're too weak,
- 17:49Speaker 1: if you can't stomach what this is. But also it's
- 17:55Speaker 1: very funny slash sad how quickly even proponents of the tariffs,
- 18:00Speaker 1: or at least they say they're proponents of these tariffs
- 18:04Speaker 1: fold when reporters are like, but what about automation and
- 18:09Speaker 1: AI won't that and they just can't answer it. They
- 18:13Speaker 1: just cannot answer it. And I'm.
- 18:17Speaker 2: It's similar questions to what's happening with immigration, Like when
- 18:21Speaker 2: they're being questioned with like.
- 18:22Speaker 3: Well, how do you know this? How are you Why
- 18:26Speaker 3: are you.
- 18:26Speaker 2: Defying the judges? Who has more rules? Should everyone follow
- 18:30Speaker 2: the judges' rules? And they're just like you talked about
- 18:32Speaker 2: lawyers LeMond, like literally no answers because they know it
- 18:37Speaker 2: cannot stand up in true argument, which is also why
- 18:40Speaker 2: like town halls are being very very organized to make
- 18:43Speaker 2: sure that they don't have any opposition. Mtg R Jorie
- 18:47Speaker 2: Taylor Green just decided to arrest all of them and
- 18:51Speaker 2: also pretty much stun gun them for talking.
- 18:58Speaker 1: Yeah, yeah, you don't have answers. There is one clip
- 19:06Speaker 1: that is I mean again it's it's sad, but it's
- 19:09Speaker 1: also kind of funny where the journalist just asked, I
- 19:12Speaker 1: think it's the main tariff guy, Steve whatever his name is,
- 19:16Speaker 1: Well you know who I'm talking about.
- 19:17Speaker 3: No, no, no, no, the very pale ball dude.
- 19:21Speaker 1: Right yeah, yeah, yeah. She she asked him about this
- 19:27Speaker 1: and he was He just literally kind of trails off
- 19:30Speaker 1: and is like, yeah, okay. Also, I just have to
- 19:40Speaker 1: put this in here. This is not new, but I
- 19:43Speaker 1: ran into it when I was researching this. I love
- 19:45Speaker 1: how many interesting end quotes articles I find about in
- 19:51Speaker 1: cells aren't just kind of traditionalist men or they're they're like,
- 19:56Speaker 1: I want a woman, but women I hate them, all right,
- 20:00Speaker 1: But if she'll have me, then I guess she's fine.
- 20:02Speaker 1: But also I deserve more than her.
- 20:05Speaker 2: She should be grateful for me. And if she's not
- 20:07Speaker 2: going down to me, then she's not doing her duty.
- 20:11Speaker 1: It's just it's fascinating to me. It's fascinating and terrifying
- 20:14Speaker 1: how they're like, I want a woman. I hate this woman,
- 20:18Speaker 1: but she'll do okay, great.
- 20:21Speaker 3: Thank you so much. I love this.
- 20:25Speaker 1: But okay. That does bring us to pink tariffs. According
- 20:30Speaker 1: to a study by the US International Trade Commission conducted
- 20:33Speaker 1: in twenty eighteen, tariffs impact women and low income people disproportionately.
- 20:40Speaker 2: Right So, a bill introduced in March twenty twenty five
- 20:43Speaker 2: by two US congress women calls for the Treasury Department
- 20:46Speaker 2: to study pink tariffs. This is because since we're all
- 20:50Speaker 2: talking about tears because of Trump, people have pointed out
- 20:53Speaker 2: some gender discrepancies and disparities. For example, a jacket classified
- 20:59Speaker 2: as a men's jacket maybe tax at a lower rate
- 21:01Speaker 2: than a women's checket, same product, more taxes. The proposed
- 21:05Speaker 2: tears are only going to magnify the problem of paint taxes.
- 21:08Speaker 2: On top of that, unisex clothing stands to be taxed
- 21:12Speaker 2: as if they were women's clothes.
- 21:15Speaker 1: Obviously, Yeah, And one of the big arguments people that
- 21:20Speaker 1: are proponents of this make is that men are generally bigger,
- 21:23Speaker 1: so it costs morephabric but the cost that doesn't make sense.
- 21:27Speaker 1: The cost analysis doesn't work out that way. Some quick numbers,
- 21:31Speaker 1: the US imports an estimated ninety eight percent of clothes
- 21:34Speaker 1: and ninety nine percent of shoes. According to the Progressive
- 21:37Speaker 1: Policy Institute or PPI, taxes and tariffs on women's clothing
- 21:42Speaker 1: likely costs women around two point five billion dollars a year.
- 21:46Speaker 1: On average, Women pay three percent more on tariffs in
- 21:49Speaker 1: the clothing category as compared to men. Women's clothes also
- 21:53Speaker 1: are more frequently made with more expensive and more highly
- 21:56Speaker 1: taxed fibers, further driving up the impact of tariffs, and
- 22:01Speaker 1: there are quite a few examples. One that pops up
- 22:03Speaker 1: pretty often in articles about this is that men's silk
- 22:06Speaker 1: underwear is often taxed at two point nine percent, while
- 22:09Speaker 1: women's silk underwear is at two point one percent. For
- 22:13Speaker 1: wool jackets, the tariff on men's is six percent, while
- 22:16Speaker 1: it's sixteen percent for women. Studies from twenty twenty three
- 22:21Speaker 1: found that Vietnam and China globally exported more than half
- 22:24Speaker 1: of the supply of underwear, So again that the country
- 22:28Speaker 1: that's importing the thing is paying the ters, right.
- 22:42Speaker 2: I think we all know this, and this is there's
- 22:44Speaker 2: this level of like rooting for the lesser evil because
- 22:47Speaker 2: China is not great. They just had a whole issue
- 22:50Speaker 2: about human rights stuff. So we're not saying China is
- 22:53Speaker 2: a good country. We're not saying everything they do is great. However,
- 22:57Speaker 2: the pushback that was getting to the US is entertaining.
- 23:04Speaker 2: Now I'm the word this carefully because at the very least,
- 23:08Speaker 2: unlike the people within our country and systems and educational
- 23:12Speaker 2: systems and such that are bowing down preemptively because they
- 23:16Speaker 2: are afraid of the repercussions, we have places like China,
- 23:20Speaker 2: who's like few here we go in which they gave
- 23:24Speaker 2: the two hundred and eighty day like passport free option
- 23:28Speaker 2: for people to come in and shop.
- 23:30Speaker 3: I've seen this, and then I don't.
- 23:34Speaker 2: Know about some other people's feed, but some of my
- 23:36Speaker 2: FYP is showing just Chinese importers and I guess factory
- 23:44Speaker 2: people being like, this is your Louis bittanbag.
- 23:47Speaker 3: It took us. It takes sixteen dollars for us to
- 23:49Speaker 3: make it.
- 23:50Speaker 2: Come and get it literally is the response, as well
- 23:54Speaker 2: as the pushback and being like, oh we don't need
- 23:57Speaker 2: meat from the US, we'll go to Australia. Oh we
- 23:59Speaker 2: don't need oil from the US, We'll go to Canada.
- 24:02Speaker 2: So this is not Oh, this is not working. It's
- 24:05Speaker 2: not working. It's not working. And this whole attitude of like, well,
- 24:10Speaker 2: good people will buy within the US.
- 24:13Speaker 3: Doubtful.
- 24:13Speaker 1: We don't have the infrastructure.
- 24:15Speaker 2: We don't have the infrastructure, we don't have the workers
- 24:17Speaker 2: anymore because they've been detained or have left.
- 24:20Speaker 3: So this is not.
- 24:22Speaker 2: Going the way I mean. Again, we're talking to our
- 24:24Speaker 2: own audience. But it's interesting to see the pushback in this.
- 24:27Speaker 2: And of course clothing is not the only category with
- 24:31Speaker 2: ginger tariffs like these either, looking at shoes and toys again,
- 24:35Speaker 2: purses and like all the extras, toilet trees, they're getting
- 24:38Speaker 2: the same treatment.
- 24:40Speaker 1: Yes, and all of this, just like we talked about,
- 24:44Speaker 1: is further worsened by things like the gender wage gap
- 24:47Speaker 1: and for marginalized intersections like women of color, there are
- 24:51Speaker 1: a couple of groups particularly impacted, and as mentioned, black
- 24:54Speaker 1: women is a big one. Black owned businesses and products
- 24:59Speaker 1: for black women are predicted to be heavily impacted. This
- 25:02Speaker 1: is compounded by a couple of factors historic systemic lack
- 25:06Speaker 1: of access to capital. For instance, and friend of the show,
- 25:10Speaker 1: Nikki Pourchett Buy from a Black Woman has an article
- 25:13Speaker 1: about black women and tariffs in the US over on
- 25:16Speaker 1: her site. If you want to check that out, I
- 25:17Speaker 1: recommend it.
- 25:18Speaker 2: Yeah, I think we're going to need to do like
- 25:19Speaker 2: another episode with her soon, maybe a happy hour episode
- 25:23Speaker 2: which is not a happy hour, but where we are
- 25:25Speaker 2: taking in some adult beverages, because this is a hard
- 25:28Speaker 2: topic that we need to be talking about on a
- 25:30Speaker 2: constant basis, Like we have to have these conversations at
- 25:33Speaker 2: the forefront about the marginalized folks being impacted because that's
- 25:37Speaker 2: what we often ignore and pretend like it's not a
- 25:39Speaker 2: big deal. And as an intersectional show, we're not going
- 25:43Speaker 2: to bypass that. So I think we're not Nikki, if
- 25:46Speaker 2: you hear us, we're coming. Okay, we need to come
- 25:48Speaker 2: and have some dranks. Yes, anyway, So single mothers are
- 25:52Speaker 2: also one of the big conversations via Forbes article, ed
- 25:56Speaker 2: Grisa from the PPI said single parent families, which are
- 26:00Speaker 2: ninety percent women headed, spend about forty percent of their
- 26:03Speaker 2: income buying goods. The high income level, the top ten
- 26:07Speaker 2: percent of the household spend about twenty percent of their
- 26:09Speaker 2: income on goods. If you're doing a TEARFF increase at all,
- 26:13Speaker 2: and especially if you're coupling it with income taxes, you're
- 26:15Speaker 2: shifting tax burden away from the top end and towards
- 26:19Speaker 2: the bottom end of earners, and it will fall mostly
- 26:22Speaker 2: heavily on single moms. Hello, pro birther people, do you
- 26:28Speaker 2: understand what is happening? These people that you have so
- 26:31Speaker 2: advocated that they have to have their have babies, who
- 26:35Speaker 2: have followed through and have fallen into your good graces
- 26:38Speaker 2: are now suffering the most yep yep.
- 26:45Speaker 1: Also, women own businesses have reported having no clarity or warning.
- 26:50Speaker 1: I don't think this is unique to women owned businesses,
- 26:52Speaker 1: but I was reading about women owned businesses in this
- 26:55Speaker 1: case about how they can't adapt because things change daily.
- 27:00Speaker 1: On top of that, they're having to spend hours a
- 27:02Speaker 1: day talking to suppliers. I can really relate to this personally.
- 27:05Speaker 1: When you have like a work crisis and suddenly like
- 27:11Speaker 1: your whole work day is just trying to fix this crisis.
- 27:17Speaker 1: Talk to other people like, that's a huge ask on
- 27:19Speaker 1: your time, That's the whole thing. They also lament the
- 27:24Speaker 1: fact that we, just like I said, don't have the
- 27:26Speaker 1: infrastructure in the US to fill these gaps at the moment,
- 27:31Speaker 1: and it takes longer to put that infrastructure in place
- 27:36Speaker 1: than the administration is admitting. So many say the reason
- 27:46Speaker 1: for a lot of this is misogyny. Surprise, surprise. When
- 27:49Speaker 1: these tariff deals were negotiated, women weren't at the table.
- 27:52Speaker 1: The first US tarifflaws were penned in the eighteenth century
- 27:56Speaker 1: before women could vote, and are sort of backed off
- 27:59Speaker 1: on with the implementation of the income tax in the
- 28:02Speaker 1: early nineteen hundreds. However, they made it come back with
- 28:04Speaker 1: a great depression in the nineteen twenties and thirties. Make
- 28:10Speaker 1: of that as you will. As discussed in our recent
- 28:13Speaker 1: Equal Payday episode, all of these issues compound to mean
- 28:17Speaker 1: women have less in savings, lesser things like travel, women
- 28:21Speaker 1: live longer than men, but have less money to retire,
- 28:25Speaker 1: and now people are worried about things like social security.
- 28:28Speaker 1: You Medicaid their for one k's which women are less
- 28:31Speaker 1: likely to have cuts to programs that help women, especially
- 28:36Speaker 1: when it comes to women with children. After Trump backed
- 28:40Speaker 1: off and put a ninety day pause on his tariffs
- 28:43Speaker 1: borring China, a group of thirty eight women company founders
- 28:47Speaker 1: came together to request the president for tariff exemptions. We'll see,
- 28:51Speaker 1: but I have.
- 28:56Speaker 2: So he's going to give individual businesses like you can
- 28:59Speaker 2: get these items personally to you without like how does that?
- 29:05Speaker 3: How would Okay? Never mind.
- 29:07Speaker 1: I think it was just kind of a like, let's
- 29:09Speaker 1: think about this, But I don't think he's gonna think
- 29:12Speaker 1: about it. I don't think that's kind of the problem.
- 29:15Speaker 2: If he does that for anyone, it's gonna be Amazon.
- 29:17Speaker 1: Yeah. Anyway, I do want to say, kind of going
- 29:22Speaker 1: back to the point you made a little bit earlier, Samantha,
- 29:25Speaker 1: there is a much more complicated, broader conversation about fast
- 29:29Speaker 1: fashion and how that's related to this and the rights
- 29:32Speaker 1: of the workers manufacturing these items and people getting fair
- 29:36Speaker 1: pay for things. What It is a conversation that's being
- 29:40Speaker 1: exploited in a lot of this, but it's also a
- 29:43Speaker 1: conversation we do need to include and not exploit like
- 29:48Speaker 1: it is a very important conversation to have. There's so much,
- 29:55Speaker 1: There is so much, and like we said, this was
- 29:57Speaker 1: just a brief overview and it is a rapidly changing
- 30:02Speaker 1: conversation as we're talking about it. But listeners, if you
- 30:07Speaker 1: have any thoughts about this, I would love to hear
- 30:10Speaker 1: personally from other countries about how your tax system works.
- 30:15Speaker 1: But also yeah, if there's anything you want to hear
- 30:18Speaker 1: us dig into more, please let us know. You can
- 30:23Speaker 1: email us at Hello at Stuffwenever Told You dot com.
- 30:26Speaker 1: You can find us on Blue Sky at mosta podcast,
- 30:29Speaker 1: or on Instagram and TikTok at stuff we Never Told
- 30:32Speaker 1: You for us on YouTube. We have a tea public store,
- 30:35Speaker 1: and we have a book you can get wherever you
- 30:37Speaker 1: get your books. Thanks as always too our super producer
- 30:40Speaker 1: Christine and our executive producer and our contributor Joey. Thank you,
- 30:44Speaker 1: Thanks to you for listening. Stuff I've Never Told You
- 30:46Speaker 1: is directionure of I Heart Radio. For more podcasts from
- 30:47Speaker 1: my Heart Radio, you can check out the how are
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