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re: "Alan Greenspan Blasts Trump's Tariffs as "Insane"" Bloomberg

Posted on 11/15/18 at 11:07 am to
Posted by GumboPot
Member since Mar 2009
119556 posts
Posted on 11/15/18 at 11:07 am to
quote:

Who is ultimately paying the tax?


Consumers.

I thought you liked consumption taxes?
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 11/15/18 at 11:12 am to
Tax it all and end the income tax and I would be happy. I would much rather a VAT or a fair tax on all consumption than an income tax.

Tariffs are corrupting, market distorting and very harmful tools of government bureaucrats.
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