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re: Someone explain the tariffs thing to me
Posted on 2/21/25 at 1:01 pm to RogerTheShrubber
Posted on 2/21/25 at 1:01 pm to RogerTheShrubber
your quote doesn't match your claim.
Posted on 2/21/25 at 1:02 pm to RogerTheShrubber
You’re completely ignoring the substance of my posts and assuming I agree with your premise.
It is not the case that I think the tariffs, in and of themselves, will help small business or promote emerging US industry.
The goal is for other countries’ tariffs to be removed. Otherwise, Trump would not state that our tariffs will also be removed if the other countries reacted favorably.
Is it possible that another president comes into power and keeps them? Yes, but that’s not what we’re supporting.
It is not the case that I think the tariffs, in and of themselves, will help small business or promote emerging US industry.
The goal is for other countries’ tariffs to be removed. Otherwise, Trump would not state that our tariffs will also be removed if the other countries reacted favorably.
Is it possible that another president comes into power and keeps them? Yes, but that’s not what we’re supporting.
Posted on 2/21/25 at 1:03 pm to RogerTheShrubber
quote:
ts populist retardation. And will never ever work.
His actual proposal (not what you are imagining in your empty head) is to extend the TCJA and to stop the SALT deduction cap. It has produced record revenues already. Your tax acumen is pathetic.
Posted on 2/21/25 at 1:03 pm to notsince98
quote:
your quote doesn't match your claim.
It does. But thanks for your concern.
Trump will go after corporate taxes to make up for his massive shortcoming.
Posted on 2/21/25 at 1:04 pm to AllbyMyRelf
quote:
The goal is for other countries’ tariffs to be removed.
Its hurting them, not us.
What do consumers benefit from?
Posted on 2/21/25 at 1:05 pm to PaperTiger
quote:
the average for small business startups grew under Trumps 1st term.
Absolute crap. 2020 alone sank most small businesses and created huge profits for bigcorp.
Posted on 2/21/25 at 1:05 pm to RogerTheShrubber
quote:Tariffs hurt both trading partners.
Its hurting them, not us. What do consumers benefit from?
Posted on 2/21/25 at 1:06 pm to RogerTheShrubber
Just going off stats from by the US Census Bureau. There were more applications for non High Prosperity business than the other.
Commerce Insititute
EDIT: Sorry posted wrong agency.
Commerce Insititute
EDIT: Sorry posted wrong agency.
This post was edited on 2/21/25 at 1:11 pm
Posted on 2/21/25 at 1:07 pm to AllbyMyRelf
quote:
Tariffs hurt both trading partners.
It hurts the consumer.
Tariffs objectively destroy innovation and competition. American was built on speed, not protecting BigCorp
Posted on 2/21/25 at 1:08 pm to RogerTheShrubber
quote:
Trump will go after corporate taxes to make up for his massive shortcoming.
Opposite of his actual proposal. Prognosticator Roger is wrong yet again.
Posted on 2/21/25 at 1:08 pm to LordSnow
quote:
Trump is proposing reciprocal tariffs, right?
So he just want to impose tariffs on countries that have tariffs on us, right?
I would say his blanket statement and mostly. He's also using it to try and negotiate other things in trade as well.
So the reason there's usually more logic than they charge us 18% and so we charge them 18%. For example is this a good we are scared of and they have an abundance of? If so why do we care what they charge our companies to sell there when we need to buy from there. Adding a cost is adding friction to sales in our economy which I'm not a fan of.
Posted on 2/21/25 at 1:08 pm to RogerTheShrubber
quote:Tariffs, like all taxes, hurt both the consumer and the producer.
It hurts the consumer.
Posted on 2/21/25 at 1:09 pm to Flats
quote:
If I sell widgets for $2 and IBChinaman sells them for $1.50 before the tariff and he still sells them for $1.50 after the tariff, how does that help me?
Tariff's should even the landscape, not "make" you competitive. Maybe the market is $1.50 for this widget and you are too expensive.
Posted on 2/21/25 at 1:10 pm to BBONDS25
quote:
Opposite of his actual proposal. Prognosticator Roger is wrong yet again.
Two weeks in and the Commerce Sec is already targeting industries for higher taxes.
quote:
U.S. Secretary of Commerce Howard Lutnick said in a Fox News interview Wednesday that cruise operators will pay more in taxes under the Trump administration.
Wait until about the third quarter of this year, its coming.
Posted on 2/21/25 at 1:11 pm to AllbyMyRelf
quote:
Tariffs, like all taxes, hurt both the consumer and the producer.
If you really believe this, why the frick would you support them?
Do you really want to add cost to US consumers right now? And offer less choice?
Posted on 2/21/25 at 1:13 pm to Seldom Seen
quote:
It's a tax. You don't pay it directly businesses pay it when they import product from overseas. You pay it when those business pass the cost on to you by increasing their prices on the goods they sell to you.
Are Europeans complaining about the tariffs their nations place on our exports to them?
This post was edited on 2/21/25 at 1:14 pm
Posted on 2/21/25 at 1:13 pm to GumboPot
quote:
Most people that oppose tariffs are generally one dimensional thinkers. They can't fathom less welfare and a stronger dollar.
Do we still teach consumer math and economics in high-school?
I'm not sure why tariffs are so hard for the liberals to understand.
Posted on 2/21/25 at 1:14 pm to RogerTheShrubber
quote:
U.S. Secretary of Commerce Howard Lutnick said in a Fox News interview Wednesday that cruise operators will pay more in taxes under the Trump administration.
Mexico is doing this too. $42 per person "port docking tax". Maybe there is something else going on with the cruise industry.
Posted on 2/21/25 at 1:14 pm to RogerTheShrubber
quote:
cruise operators

quote:
Wait until about the third quarter of this year, its coming.

Posted on 2/21/25 at 1:16 pm to offshoretrash
Trump wants to devalue the dollar, not raise it.
quote:
Many of his economic ideas have become more extreme during his four years out of office - including proposals for massive tariffs and sweeping tax cuts, questioning of Federal Reserve independence and potential immigration crackdowns and deportations.
But one argument remains constant and is rooted in some economic logic: his insistence the U.S. dollar is overvalued.
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