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Started By
Message
Tariffs are bad
Posted on 4/17/24 at 12:21 pm
Posted on 4/17/24 at 12:21 pm
Or at least they were. Maybe they are good now? It is very confusing.
13
Posted on 4/17/24 at 12:25 pm to wheelr
Rogerthecucker will now say tariffs good
Posted on 4/17/24 at 12:30 pm to wheelr
IBChinaman: Trump tariffs bad. Same Biden tariffs good.
Posted on 4/17/24 at 12:30 pm to wheelr
Tariffs are bad for the consumer
Make the govt feel good about themselves.
Protect or increase profit margins for domestic producers.
Only the Govt and Producers benefit from tariffs.
Make the govt feel good about themselves.
Protect or increase profit margins for domestic producers.
Only the Govt and Producers benefit from tariffs.
Posted on 4/17/24 at 12:33 pm to wheelr
Tariffs are bad.
How about you? Good?
How about you? Good?
Posted on 4/17/24 at 12:37 pm to wheelr
quote:
Tariffs are bad
All taxes are bad.
But if I had to rank them tariffs might be the lease insidious of all taxes.
Tariffs are a consumption tax on specific imported good. They only made up $80 billion in the $5 trillion federal tax revenue. Tariffs are miniscule compared to other taxes.
Income taxes are probably the most insidious. They are marginal in terms of your level of income and they are targeted. That is, certain demographic get favors under income taxes based on physical traits, what you own, education level, etc.
Posted on 4/17/24 at 1:19 pm to wheelr
If you could swap the amount you pay in income taxes with tariffs would you prefer to do so or wouldn't care either way?
Posted on 4/17/24 at 1:19 pm to wheelr
quote:
Tariffs are bad
This thread is the bat signal for I B Freeman.
Posted on 4/17/24 at 1:42 pm to wheelr
I'm a capitalist, so I'm against Tariffs if R or D is behind them. Thomas Sowell is in my corner.
Posted on 4/17/24 at 1:48 pm to wheelr
Tariffs are great if the country you are placing the tariff on taxes imports. Personally I think that the US government should do what Tom Clancy does in one of his books. Pass the Trade Reform Act from Debt of Honor which makes US laws and practices on imports of a country mirror the laws and practices of that country. That way trade is fair. I would prefer free & fair trade but I will gladly take take fair trade with extra costs instead of free trade and American industry and workers getting f**ked over without lube.
Posted on 4/17/24 at 2:32 pm to wheelr
There has been a long time tariff on imported sugar because Latin America has two growing season for cane and La. only one. Without the tariff I guess sugar would be cheaper. Is that good? IDK, our people are pretty damn obese now.
Posted on 4/17/24 at 3:08 pm to wheelr
quote:
Tariffs are bad
Tariffs aimed at protecting American industry from being undercut by unregulated and subpar foreign alternatives are not always a net negative, even if they ultimately raise costs for the consumer.
Punitive tariffs on items and industries where US domestic production is not sufficient to meet demand are just moronic.
Posted on 4/17/24 at 3:23 pm to wheelr
Posted on 4/17/24 at 3:31 pm to wheelr
IBChinaman is going to be so upset he will have to be HHTM’s bottom for the next six months
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