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re: Rand Paul says the true cost of the tariffs is $2 trillion in taxes

Posted on 8/11/25 at 4:00 pm to
Posted by hansenthered1
Dixie
Member since Nov 2023
2461 posts
Posted on 8/11/25 at 4:00 pm to
I'm all for Tariffs if they help onshore and grow domestic industry and production. But I've yet to hear from someone how they are not a tax. They are in fact a tax, that the company will pass off in cost to the consumer. I think the point, as Trump as said it, is to make American made products competitive by raising the cost of those made cheaply over seas. We'll also have to see if the domestic producers don't raise cost as well.

The right can't just wish the truth of this away no more than the left can wish the failure of socialism away.
Posted by Goforit
Member since Apr 2019
8701 posts
Posted on 8/11/25 at 4:01 pm to
Rand Paul is full of it .People can buy American goods.
Posted by Jake88
Member since Apr 2005
78258 posts
Posted on 8/11/25 at 4:01 pm to
quote:

Fair share as in I put max in and will get zero out because yall drew down more than put in
Don't include me, im still maxing each year.
Posted by hansenthered1
Dixie
Member since Nov 2023
2461 posts
Posted on 8/11/25 at 4:05 pm to
United States Court of International Trade (CIT) is going to save Trump from himself when they declare he can't impose tariffs, only Congress can do this. He'll bitch and moan and play the victim, it will be good for him politically but he'll wash his hands of any bad news that may come from it and if things are good, he'll claim credit as they all do when in office.

Posted by Chancellor
BHam
Member since Oct 2017
3487 posts
Posted on 8/11/25 at 4:13 pm to
quote:

Tariffs are legitmate taxes. Income taxes are theft (even if Congress has the ability to tax using the 16th Amendment). I would rather pay $1,000,000 per year in tariff costs than $0.01 in income taxes.


Now, you get to pay both.
Posted by SlidellCajun
Slidell la
Member since May 2019
16063 posts
Posted on 8/11/25 at 4:15 pm to
A lot of the low cost retail manufacturing is long gone in the US. It will never come back. Clothing, toys, electronics and other products that can be done cheaply overseas, is going to stay overseas.

The larger item manufacturing could remain or even come back but it won’t likely be because of the tariff situation. Investing in a manufacturing plan requires a stable forecast for 10+ years to get a decent return on investment. We simply don’t have that. Trump keeps jumping around on the amounts, extending deadlines and then there’s the fact that trump can only be president for another 3 years so lots of unknowns.

Posted by Vacherie Saint
Member since Aug 2015
46246 posts
Posted on 8/11/25 at 4:16 pm to
the Panican free trade dream is a canard.

We can absolutely have free trade with nations who have similar labor laws, worker protections, and monetary policy as us. We can absolutely cut deals with countries who need natural American resources, especially when they can reciprocate with resources we cannot produce domestically.

However, dealing with countries that engage in child labor, toxic materials, rancid pollution, currency manipulation, IP theft, etc. is NOT free trade. They are using tactics completely illegal in the US to undercut direct domestic competitors who are forced to follow the rules. This is NOT free trade.
Posted by wackatimesthree
Member since Oct 2019
10725 posts
Posted on 8/11/25 at 4:16 pm to
Paul: "Conservatives have to decide..."

Me: "There are practically no conservatives left, and the ones of us that are left decided back in 2016 that we didn't want tariffs when it was just Bernie Sanders and Trump campaigning for them. We haven't changed our minds.
We don't have to decide anything. It's the bandwagon Huckster Carlson populists that need to decide."
Posted by Riverside
Member since Jul 2022
8531 posts
Posted on 8/11/25 at 4:18 pm to
Seldom Seen dusting off the old familiar hits today!!! Epstein and Tariffs! So sad that the dems have nothing else left to throw at President Trump.
Posted by BuckI
Grove City, Ohio
Member since Oct 2020
7116 posts
Posted on 8/11/25 at 4:22 pm to
Sellers raise prices and promise to lower them when they can, but prices never go back down. Everyone gets richer except the consumer.
Posted by ragincajun03
Member since Nov 2007
27669 posts
Posted on 8/11/25 at 5:09 pm to
quote:

Tariffs are not “cool”. We don’t make certain types or we have to import the supples to make the medication.


But we just sit back while other countries tariff our products, right?

How about if everything was 0 across the board, across the whole globe then?
Posted by Gifman
Member since Jan 2021
17627 posts
Posted on 8/11/25 at 5:20 pm to
Talk about shitting a number out of your arse
Posted by Jjdoc
Cali
Member since Mar 2016
55390 posts
Posted on 8/11/25 at 5:25 pm to
Nobody gives a damn what Rand "thinks"
Posted by Bunk Moreland
Member since Dec 2010
66982 posts
Posted on 8/11/25 at 5:35 pm to
quote:

However, dealing with countries that engage in child labor, toxic materials, rancid pollution, currency manipulation, IP theft, etc. is NOT free trade. They are using tactics completely illegal in the US to undercut direct domestic competitors who are forced to follow the rules. This is NOT free trade.

Can't wait until y'all fully embrace unions.
Posted by Stonehenge
Wakulla Springs
Member since Dec 2014
2605 posts
Posted on 8/11/25 at 5:37 pm to
Not going to happen.
Posted by jrodLSUke
Premium
Member since Jan 2011
25779 posts
Posted on 8/11/25 at 5:38 pm to
Rand is a liar.
Posted by Taxing Authority
Houston
Member since Feb 2010
62618 posts
Posted on 8/11/25 at 5:54 pm to
quote:

But we just sit back while other countries tariff our products, right?
In most cases, this makes no difference. Our products aren't price-competitive to begin with.
quote:

How about if everything was 0 across the board, across the whole globe then?
You mean the like NAFTA?
Posted by Taxing Authority
Houston
Member since Feb 2010
62618 posts
Posted on 8/11/25 at 5:55 pm to
quote:

Can't wait until y'all fully embrace unions.
They already love pork spending, massive deficits, and higher taxes. Why not unions too?
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
22806 posts
Posted on 8/11/25 at 5:58 pm to
We need the money.
Posted by deltaland
Member since Mar 2011
100706 posts
Posted on 8/11/25 at 5:58 pm to
quote:

true cost of the tariffs is $2 trillion in taxes


If true at least that should balance the budget
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