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