re: If a border tax passes who will quit what they are doing to make underwear??

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Is this some veiled reference to something below our dignity? Why pick underwear as an example?

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I suspect it is all imported.

Let's do shoe strings instead if you like. Don't you think they are all imported? Do you think shoe string factories will spring up if this tariff passes or will the price of shoe strings simply go up 20%??

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I stand corrected---it is 20% not 25% and 15% of our economy is imports.

You can keep denying it but you are completely wrong.

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The only one wrong here is you.

You are just emotional. That time of month?

In any-case, you keep saying these things as if the economy operates in a vacuum. As if one change can be predicted across all products, segments and industries.You are further excluded the effects of what the US dollar would be worth in all of this.

It wont be a flat tax across the board. It is a tool to be used.

If you want to take Trump for his word, take him for his word when he states its a negotiation.

His is your fact big boy

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"I certainly support a form of tax on the border," he told Reuters on Thursday. "What is going to happen is companies are going to come back here, they're going to build their factories and they're going to create a lot of jobs and there's no tax."

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U.S. President Donald Trump on Thursday spoke positively about a border adjustment tax being pushed by Republicans in Congress as a way to boost exports, but he did not specifically endorse the proposal.

Trump, who has lashed out at U.S. companies for moving operations and jobs to countries such as Mexico, had previously sent mixed signals on the proposal at the heart of a sweeping Republican plan to overhaul the tax code.

"It could lead to a lot more jobs in the United States," Trump told Reuters in an interview, using his most approving language to date on the proposal.

Trump sent conflicting signals about his position on the border adjustment tax in separate media interviews in January, saying in one interview that it was "too complicated" and in another that it was still on the table.

The proposal has divided American businesses. Critics say the planned 20 percent tax on imports could be passed along in higher prices to consumers, including manufacturers that rely on imported goods to make their products.

Some critics have warned of a potential global trade war which would sharply curtail U.S. and world economic growth.

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Thursday interview with Reuters.

He has probably changed his mind since then.

Your own quote said Trump didn't endorse it..


Now go home.

There is another side to this issue too.

An incredibly stupid side too.

Ryan not only wants to protect big industrial companies by allowing them to raise prices on American consumers after the tariff is imposed he also wants to let them export at lower prices tax free---not even charging them income tax on profits from exports.

So US Steel, for example, could sell steel for $X per pound in the US because of the tariff and sell it in Mexico for $X less the 20% tariff and pocket all the profit with no income tax. Meanwhile the guys that import steel to compete with them have to pay both the tariff AND income tax.

What an incredible crock of crap.

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So US Steel, for example, could sell steel for $X per pound in the US because of the tariff and sell it in Mexico for $X less the 20% tariff and pocket all the profit with no income tax. Meanwhile the guys that import steel to compete with them have to pay both the tariff AND income tax.

What an incredible crock of crap.

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Actually your scenario points to more productions thus more jobs because US Steel would become a global player again.

Further if there is more US steel why would US companies import it?

Ok in your world there is an unending supply of labor in the USA.

Get this through your skull. This tariff will RAISE prices on everybody reducing disposable income of all Americans. There will be no net increase in jobs as a result of these tariffs.

Never in the history of the USA has there been net increases in jobs because of tariffs. It is not going to start today.

Here is the last very big tariff supporter that was a republican



He was followed by the biggest tariff guy ever



Even the dumbest among us knows what happen as the result of those two administrations.

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Is that what you think government should do?? Make sure US Steel is a global player while the tariffs bankrupt their importing domestic competitors??

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So now you move the argument.

You literally just said tariffs cant create jobs. Your scenario does.

Again, if more US steel is made, why would US companies IMPORT IT?

So don't open any new McDonald's or gas stations because who is going to quit their current job to work there?

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Get this through your skull. This tariff will RAISE prices on everybody reducing disposable income of all Americans. There will be no net increase in jobs as a result of these tariffs.

Never in the history of the USA has there been net increases in jobs because of tariffs. It is not going to start today.

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You are pissing your panties over the worst case scenario of a hypothetical