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re: US reaps billions from steel and aluminum tariffs

Posted on 8/14/18 at 10:58 am to
Posted by GumboPot
Member since Mar 2009
119032 posts
Posted on 8/14/18 at 10:58 am to
quote:

But our taxes are more righteous than theirs!

Taxes generally do not spur economic growth but I guess it will be different this time?



Of course they don't. However if taxes are necessary I would choose regressive taxes every time over progressive taxes.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73213 posts
Posted on 8/14/18 at 11:20 am to
the cost of any consumer price increase over tariffs per the individual person is nothing like tax hits through income and all other taxed areas combined.
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