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Started By
Message
US reaps billions from steel and aluminum tariffs
Posted on 8/13/18 at 7:03 pm
Posted on 8/13/18 at 7:03 pm
1.4 billion so far and can reach 7.5 billion this year.
We want Fair trade folks
LINK
We want Fair trade folks
LINK
quote:
CRS says the new tariffs could reap the U.S. some $7.5 billion — $5.8 billion on steel and $1.7 billion on aluminum – based on last year's import levels.
8
Posted on 8/13/18 at 7:05 pm to Northwestern tiger
quote:
1.4 billion so far
US manufacturers aren't benefiting from this - the federal government is.
quote:
CRS says the new tariffs could reap the U.S. some $7.5 billion — $5.8 billion on steel and $1.7 billion on aluminum – based on last year's import levels.
I'm going to go out on a limb and bet this year's import levels will be lower.
Posted on 8/13/18 at 8:10 pm to foshizzle
IB Freeman is stupid
Posted on 8/13/18 at 8:22 pm to saints5021
We love taxing our citizens don't we folks
Posted on 8/13/18 at 10:38 pm to RogerTheShrubber
name the person who said they want permanent tariffs or that they are an ends to themself.
as usual, attacking a caricature. that's all they have
as usual, attacking a caricature. that's all they have
Posted on 8/13/18 at 10:39 pm to Northwestern tiger
Who’s paying that tax?
Posted on 8/14/18 at 6:40 am to Northwestern tiger
They should use that to enhance infrastructure that industry uses.
Posted on 8/14/18 at 7:05 am to RogerTheShrubber
quote:
We love taxing our citizens don't we folks
Better to tax our citizens to add jobs then give away money to lazy people that don’t want to work .
Posted on 8/14/18 at 10:39 am to bfniii
quote:
name the person who said they want permanent tariffs or that they are an ends to themself.
as usual, attacking a caricature. that's all they have
how is it a "caricature" to respond in the way Roger did?
OP is touting a benefit, to the government, of the tariffs that are in effect until further notice. Roger responds with a perfectly fair and accurate point. where is the caricature, and where is the attack?
Posted on 8/14/18 at 10:40 am to bfniii
quote:
as usual, attacking a caricature
Posted on 8/14/18 at 10:41 am to RogerTheShrubber
quote:
We love taxing our citizens don't we folks
Democrats sure do
Posted on 8/14/18 at 10:42 am to tjv305
quote:
Better to tax our citizens to add jobs then give away money to lazy people that don’t want to work
This is an answer steeped in ignorance.
Posted on 8/14/18 at 10:46 am to Northwestern tiger
quote:
1.4 billion so far and can reach 7.5 billion this year.
That is still less than 0.2% of tax revenues. Tariffs are not big tax revenue generators. The main purpose is to protect industries that are important to our national economy and security. We have to maintain a robust steel and aluminum industry to maintain the largest and best military in the world. Cheap Chinese steel is at threat to our military. It is a very small price to pay to make sure our dollar remains the reserve currency of the world.
This post was edited on 8/14/18 at 10:49 am
Posted on 8/14/18 at 10:47 am to cwill
quote:
Who’s paying that tax?
Consumers who purchase steel and aluminum goods.
Posted on 8/14/18 at 10:49 am to RogerTheShrubber
quote:But it's not a tax.
We love taxing our citizens don't we folks
Where have I heard that before?
Meet the new boss, same as the old boss.
Posted on 8/14/18 at 10:50 am to saints5021
quote:
IB Freeman is stupid
Water is wet
Posted on 8/14/18 at 10:51 am to Northwestern tiger
quote:
7.5 billio
That looks like about 30% of a big, beautiful Wall, to me.
Posted on 8/14/18 at 10:53 am to TX Tiger
quote:
But it's not a tax.
Where have I heard that before?
Meet the new boss, same as the old boss.
But our taxes are more righteous than theirs!
Taxes generally do not spur economic growth but I guess it will be different this time?
Posted on 8/14/18 at 10:58 am to RogerTheShrubber
quote:
But our taxes are more righteous than theirs!
Taxes generally do not spur economic growth but I guess it will be different this time?
Of course they don't. However if taxes are necessary I would choose regressive taxes every time over progressive taxes.
Posted on 8/14/18 at 11:01 am to RogerTheShrubber
quote:
but I guess it will be different this time?
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