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Started By
Message
re: Was replacing income tax with Tarrifs a lie?
Posted on 4/6/25 at 2:40 pm to Cryin Kelly
Posted on 4/6/25 at 2:40 pm to Cryin Kelly
quote:
You have a low IQ, and juvenile understand [sic] of the American system so let me slow this down for you.
May want to do some proofreading before you start throwing stones…
0
Posted on 4/6/25 at 2:41 pm to Cryin Kelly
quote:
What we know already, is those of you on your knees blowing the President no matter what he says look like fools when you can’t even admit that not all things are possible.
It’s called TSS - Trump Sycophant Syndrome
Posted on 4/6/25 at 2:42 pm to Powerman
quote:
I don't have an issue with a gradual move to consumption taxes. But using tariffs as the primary revenue generator simply isn't feasible. I'll give you the back of the envelope math. 2024 we imported approximately 4 trillion in goods. That's roughly equal to the receipts from income and payroll taxes combined. So to replace those you'd need to enact a 100% tariff on literally every imported good with no exceptions. And you'd also need no reduction in imports which would never happen with a 100% tariff. You would have to be completely crazy to think this is achievable or have no concept of simple arithmetic.
The back of the envelope math is fine but any such math necessarily assumes a static situation. As in, it assumes that any change in taxation approach will simply mean the SAME economic activity only, new methods of taxation.
Quite obviously, that's not the real world. Taxation methods impact how individuals behave so we need to focus not just on what the revenue might look like if you applied it to CURRENT activity but on how we can change the activity itself.
Taxation is hard as frick to get right at the scale we have to do it. I'm under no delusions that I have the perfect answers. What I do know is that using Income tax at the levels the western world does is literally the worst of all possible approaches.
Posted on 4/6/25 at 2:42 pm to Cryin Kelly
quote:
Was replacing income tax with Tarrifs a lie?
No. It's up to congress to cooperate.
Posted on 4/6/25 at 2:43 pm to Cryin Kelly
Yes, obviously.
Posted on 4/6/25 at 2:45 pm to eddieray
quote:
It’s called TSS - Trump Sycophant Syndrome
The majority of the people melting over tariffs claim they voted for Trump and/or claim to be conservative libertarians. There’s a pretty big tent within MAGA. That’s why Trump has Elon and Peter Navarro as advisors to offer different perspectives.
Posted on 4/6/25 at 2:49 pm to Cryin Kelly
Was you promising your exwife that you'd stop looking at tranny porn a lie?
Posted on 4/6/25 at 2:51 pm to Grumpy Nemesis
You're over complicating things. Regardless of the newfound higher net pay there would be an obvious reduction in imports with blanket 100% tariffs
It simply couldn't work out mathematically. And it would take a significant amount of mental gymnastics and substance abuse to convince yourself that it could work.
It simply couldn't work out mathematically. And it would take a significant amount of mental gymnastics and substance abuse to convince yourself that it could work.
Posted on 4/6/25 at 2:54 pm to Cryin Kelly
quote:
The Tarrifs are either a stable revenue stream (replacing tax) or they’re a negotiating tool and tactic (can be put on and removed at will). If you can’t see how both of these things can’t be true, you’re deluded.
The point is that the American worker wins either way. Leave it to a Democrat to cry about a win/win scenario.
Posted on 4/6/25 at 3:05 pm to Cryin Kelly
When the other countries come to table to negotiate we still lose. Tariffs are all
That can bring jobs back to American workers. If they agree to drop tariffs and we do the same then we have no negotiating power because the labor is much cheaper in other nations.
That can bring jobs back to American workers. If they agree to drop tariffs and we do the same then we have no negotiating power because the labor is much cheaper in other nations.
Posted on 4/6/25 at 3:24 pm to BamaScoop
quote:
Tariffs are all
That can bring jobs back to American workers. If they agree to drop tariffs and we do the same then we have no negotiating power because the labor is much cheaper in other nations.
Posted on 4/6/25 at 3:26 pm to Powerman
quote:
Show your math on it then. I can promise you they can't fully replace income taxes
Not alone. A federal consumption tax was also part of his plan.
Posted on 4/6/25 at 3:26 pm to Cryin Kelly
"Cryin Kelly" , such an appropriate name!
Your typical of this new "American" generation.
"I want, what I want, when I want it".
If your a female, I sorta understand, but if your a male.... grow up and act like it.
NOTHING will correct the last 80 years of trade policy. Trump is LEADING us in the right direction. If you voted for Trump, hear my words.
If you didn't vote for Trump, try harder in 2028.
But stop crying Kelly!
Your typical of this new "American" generation.
"I want, what I want, when I want it".
If your a female, I sorta understand, but if your a male.... grow up and act like it.
NOTHING will correct the last 80 years of trade policy. Trump is LEADING us in the right direction. If you voted for Trump, hear my words.
If you didn't vote for Trump, try harder in 2028.
But stop crying Kelly!
quote:
During the campaign, President Trump promised that we could replace the income tax system with new Tarrifs, and many of you celebrated.
Now you’re celebrating many countries coming to negotiate to end the Tarrifs all together. How are we going to replace income tax then?
Which proposal was the lie
Posted on 4/6/25 at 3:26 pm to SlowFlowPro
quote:
Why are you melting about people asking what the actual goal of the policy is?
You and OP are melting. Not me.
Posted on 4/6/25 at 3:28 pm to Toomer Deplorable
quote:
Agree or disagree with Trump’s tariffs, Trump’s rollout of these tariffs has created tremendous market uncertainty.
Yes, morons are overreacting.
Posted on 4/6/25 at 3:29 pm to VOR
quote:
Sadly, we’re only seeing the beginning of the havoc. There is no
Golden age waiting at the end of this shitshow. Only the resilience and ingenuity of the American people will
redeem the country.
Well done. You successfully spread your wishcasting nonsense while simultaneously setting the stage to give credit to random American ingenuity, instead of Trump, when everything goes to plan and works out.
Posted on 4/6/25 at 3:33 pm to Cryin Kelly
We are seeing deflation right before our eyes and people like you and democrats are too fricking see it.
Posted on 4/6/25 at 3:33 pm to Riverside
quote:
Trump never said tariffs would replace the income tax.
He said it in some banter with a video guy...might have been Joe Rogan.
Posted on 4/6/25 at 3:36 pm to Powerman
quote:I wasn't clear I guess.
You're over complicating things. Regardless of the newfound higher net pay there would be an obvious reduction in imports with blanket 100% tariffs
My point was simply that it's really fricking hard to forecast the results of taxation of ANY sort because it's really fricking hard to forecast how people will react to it.
I'm pretty certain I've already said in this thread that Tariffs completely replacing Income Taxes seems highly unlikely.
Posted on 4/6/25 at 3:42 pm to Cryin Kelly
It’s a way to tell the world this is not a short term response. He is serious. Now they think they need to talk “negotiate him out of it”
It’s a form of leverage
It’s a form of leverage
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