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

Posted on 8/12/25 at 7:45 am to
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89363 posts
Posted on 8/12/25 at 7:45 am to
quote:

Tariffs are one of these things that would be blasted by MAGA world if anyone else did it.



nope. not if reciprocal. but our pussy globalists fricked us over and over.

so...........it makes you

This post was edited on 8/12/25 at 7:48 am
Posted by dickkellog
little rock
Member since Dec 2024
1982 posts
Posted on 8/12/25 at 8:23 am to
quote:

Same group who wants to whine about the budget deficit, while refusing to consider social security needs to be cut, because social security is the biggest federal expenditure (by far). Yall didn’t pay in your fair share when you were in the work force


not that you'd know jethro but just 5 years ago you maxed social security at 130k this year it's 176k i don't remember anyone running for reelection on increasing the maximum on paying into social security. the SSA simply does it. since it only effects a few people you middle class welfare queens don't care. this year i'll pay 23k for the same benefit that just 5 years ago i paid 10k for.

so here's what you're going to do mary jane, you're gonna get your arse out there on that corner and go make my money biotch.

the biggest problem we have in this country regarding the deficit is that the middle class no longer pulls their own weight.
Posted by OceanMan
Member since Mar 2010
22817 posts
Posted on 8/12/25 at 8:44 am to
quote:

You realize all tariff costs are passed along to the end consumer right? You're ok with a blanket 15% increase in prices on things we import?


This is not correct. It destroys any point you may have to just make shite up. Price elasticity is a thing, learn about it.
Posted by Drizzt
Cimmeria
Member since Aug 2013
14881 posts
Posted on 8/12/25 at 10:11 am to
quote:

If the tariffs "work" you lose your tax base.


This makes no sense. Are you saying if we reshore manufacturing to the USA we make LESS in tax revenue? The pre Trump tariffs were so low this is a nonsensical response. We definitely did not make more in tariffs before that we did on corporate taxes and income tax for American workers. You TDS is showing.
Posted by SlidellCajun
Slidell la
Member since May 2019
16063 posts
Posted on 8/12/25 at 10:18 am to
If we could replace income taxation with tariffs, I would be all in but it’s just not possible.

We need over 5 trillion a year to get our expenses paid. Tariffs won’t cover it.

Companies are going to have to pass along the higher tariffs to consumers at some point. Shareholders will revolt if they don’t. Why would any self respecting capitalist accept a company absorbing a big hit like a double digit tariff?
Dumb
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297667 posts
Posted on 8/12/25 at 10:22 am to
quote:




This makes no sense. Are you saying if we reshore manufacturing to the USA we make LESS in tax revenue?


If your tax base is tariffs, sure.


Trump really doesnt believe mfg will return to the USA so you dont have to worry too much about that part.

This post was edited on 8/12/25 at 10:23 am
Posted by Zgeo
Baja Oklahoma
Member since Jul 2021
3207 posts
Posted on 8/12/25 at 10:32 am to
Rand doesn’t like the fact that Trump is smarter than he is……
Posted by Seldom Seen
Member since Feb 2016
48737 posts
Posted on 8/12/25 at 5:09 pm to
Posted by MizzouBS
Missouri
Member since Dec 2014
6780 posts
Posted on 8/12/25 at 6:27 pm to
quote:

How about if everything was 0 across the board, across the whole globe then?

I’m fine with that

Not getting products from other countries or slowly rising prices may not be noticed in the short term, but overtime we will see the price increase and notice products no longer on shelves

Tariffs are acting like taxes. Companies will raise prices to cover the tariffs or just stop shipping them to America. This might help are debt, but it not going to be good for the American consumer.

If we decide to make the products in the US we will still need to get the goods shipped to the US to make the product.
This post was edited on 8/12/25 at 6:29 pm
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