- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: CBO: Trump’s Tariffs Could Slash Deficit by $4 Trillion
Posted on 9/3/25 at 3:05 pm to PaperTiger
Posted on 9/3/25 at 3:05 pm to PaperTiger
quote:This is amazing. You've left out the other half of the equation. The money has to come from somewhere to pay those workers. And someone will be poorer for having to come up with that money.
American workers could possibly hit the next tax bracket, pay a little more back into the system. Now they also have help with health insurance. That's some plus right?
Hell, welfare is AWESOME! if you don't have to account for having to pay for it.
1
Posted on 9/3/25 at 3:06 pm to RohanGonzales
quote:He’s faking knowing anything about economics today I guess. Got tired of faking lawyer.
says who?
Posted on 9/3/25 at 3:14 pm to Taxing Authority
Wait what? The cost for that would come from having lower production cost in US and so said company would essential break even..
Posted on 9/3/25 at 3:27 pm to PaperTiger
quote:
You are referring to only new construction, correct?
No. Maintenance too. Building needs new windows or a new AC unit or new floors or carpet or whatever.
quote:
Are there notbuildings out there that exist that can be utilized?
Sure, but when the new buildings go up in price so will the existing ones, because they can. That's how real estate works.
quote:
We were talking consumer purchasing power in general . I thought. I see you are limiting ti to ommercial buildings and their products? My bad if I didn't see that.
That DOES affect general consumer purchasing power. If I own a business and my rent is higher and the products I have to buy to deliver my products to my customers go up, what is going to happen to my prices?
quote:
but you don't think there's a possibility of those parts beimg made in the US?
Why did they move the manufacturing of those parts out of the country in the first place? When you have the answer to that question, you will understand that manufacturing here is NOT a win.
quote:
Would that not make it cheaper down the road?
How could it possibly do that?
quote:
Because like you said, it's the same difference. American workers could possibly hit the next tax bracket, pay a little more back into the system. Now they also have help with health insurance. That's some plus right?
What?
"The same difference" means that whether the products are inflated because of the tariff or the labor costs, they're still inflated. How is inflation a win?
quote:
I figured you could follow a response with 1.2.3.
I can when the 1,2,3 is listed. I've probably written 20 posts today, and probably 18 of them are me saying the same things over and over about tariffs. I'm supposed to remember what I specifically typed to you and not someone else?
Without looking, can you recall the three points accurately?
quote:
That's not the way I see it.
O.k. But that's the way it actually is.
The entire reason anything we currently import is imported is because it can be imported cheaper than it can be made here. if it were cheaper to make it here, we'd be making it here.
It doesn't really matter the reasons for that, which could vary according to the various countries involved.
Posted on 9/3/25 at 3:34 pm to RogerTheShrubber
Or…you can just ignore facts.
Funny we have been collected the delayed Tariffs for a while. Spew ignorance.
Reality is tariff pricing increases get anticipated ahead of tariffs actually hitting, not after.
Competition and huge corporate profits have simply been eating most of them.
Funny we have been collected the delayed Tariffs for a while. Spew ignorance.
Reality is tariff pricing increases get anticipated ahead of tariffs actually hitting, not after.
Competition and huge corporate profits have simply been eating most of them.
This post was edited on 9/3/25 at 3:37 pm
Posted on 9/3/25 at 4:42 pm to udtiger
quote:
He presumes 100% of the tariffs will be passed on to consumers.
It is strange, but if Trump were to reverse course on tariffs, and raise corporate income taxes to generate the same amount of revenue, the left's concerns about the inflationary impact of taxes would vanish.
That is how you know they are full of shite.
Posted on 9/3/25 at 4:43 pm to BlackAdam
quote:
It is strange, but if Trump were to reverse course on tariffs, and raise corporate income taxes to generate the same amount of revenue, the left's concerns about the inflationary impact of taxes would vanish.
That is how you know they are full of shite.
I don't know what the left has to do with me, but what if we're against both taxes?
Posted on 9/3/25 at 4:48 pm to Major Dutch Schaefer
quote:
President Donald Trump’s sweeping tariffs on foreign imports could slash the federal deficit by as much as $4 trillion over the next decade, according to a new estimate from the Congressional Budget Office (CBO).
Trump’s tariffs are probably not going to be around after next summer, so don’t hold your breath on $4 trillion. I don’t see any way that SCOTUS isn’t going to strike them down next year.
Posted on 9/3/25 at 5:52 pm to Major Dutch Schaefer
Better than nothing.
Posted on 9/3/25 at 6:33 pm to SlowFlowPro
I’m afraid that’s not the way it works
Posted on 9/3/25 at 6:47 pm to Major Dutch Schaefer
Tariffs paid by Americans.
Posted on 9/3/25 at 6:56 pm to tigeraddict
quote:
long term, tariff revenue will go down just for that reason, more companies with have domestic production to bypass tariffs, which is the main intent of installing tariffs......
Which will generate more domestic income tax revenue and decrease domestic aid such as snap and welfare and shorten the amount of time people spend on unemployment.
Posted on 9/3/25 at 7:57 pm to Major Dutch Schaefer
Posted on 9/3/25 at 8:06 pm to SlowFlowPro
quote:
We can't do both at any scale as they compete with each other
In that scenario the tariffs convert to increased payroll taxes and achieve the same effect.
They don't compete with each other , they complement each other.
You're terrible at everything.
Posted on 9/3/25 at 8:24 pm to Houag80
quote:
Sorry for your loss.
What’s my loss?
Posted on 9/3/25 at 8:25 pm to tigeraddict
quote:
long term, tariff revenue will go down just for that reason, more companies with have domestic production to bypass tariffs, which is the main intent of installing tariffs......
Now here is the upshot to all of that. Revenue to the treasury still increases as more Americans and companies are paying more taxes into the treasury.
Posted on 9/3/25 at 9:08 pm to BlackAdam
quote:
It is strange, but if Trump were to reverse course on tariffs, and raise corporate income taxes to generate the same amount of revenue, the left's concerns about the inflationary impact of taxes would vanish.
That is how you know they are full of shite.
Yup
Posted on 9/3/25 at 9:52 pm to SlowFlowPro
quote:
While raising the cost to consumers over that time by $3.3 trillion
The interest payments would be the net gain. $700B over 10 years, or $70B/year.
Napkin math. But you get the gist
Here’s a scenario. It’s just that, but I find it interesting to ponder:
(1) The budget deficit and national debt need to be addressed.
(2) It will likely take a combination of both lower spending and higher revenue.
(3) Higher revenue in the form of higher taxes on the middle class is political suicide. While people like myself recognize some form of higher taxes is likely needed to solve the long-term structural deficit, throwing your money down the black hole of Federal largesse is not exactly exciting.
(4) Tariffs, while essentially a tax (albeit in the form of a consumption tax vs. an income tax), at least come with the possibility that they are not as painful as direct taxes (given exporters to the U.S. may decide to reduce prices to offset the impact of the tariffs on domestic consumers in order to remain competitive).
This post was edited on 9/3/25 at 10:00 pm
Posted on 9/3/25 at 10:05 pm to Monceau
quote:
Higher revenue in the form of higher taxes on the middle class is political suicide. While people like myself recognize some form of higher taxes is likely needed to solve the long-term structural deficit, throwing your money down the black hole of Federal largesse is not exactly exciting.
That's exactly what tariffs are, whether people realize it now or not.
But they will eventually realize it.
Like I posted somewhere else, people know when they are paying more for stuff. Biden tried to use the Jedi Mind Trick and it didn't work...people saw right through it. They will once the effects of the tariffs kick in as well.
And the thing you have to remember is that people saw through Biden's nonsense even though he had almost the entire legacy media shilling for him.
Trump has almost the entire legacy media shilling AGAINST him.
Posted on 9/3/25 at 10:16 pm to wackatimesthree
Right, but read my Point #4. If the government raises your taxes by $1, you’ll most likely end up handing an extra $1 over. But that’s not technically the case with tariffs if producers decide to lower prices some to counteract the impact of the tariffs.
Page 10 of 11
Popular
Back to top
Follow TigerDroppings for LSU Football News