Warboo

quote:

---

I’ll never understand Republicans cheering taxes.

---

Would you rather have an income tax or consumption tax? Which cheer leading outfit would you ware?

quote:

---

And we still have no evidence that these even happened or where op heard this information. It's probably just something Trump made up at the rally today.

---

On my phone. Look to the external revenue angency along with trade calculators. Duck duck go is your friend.

quote:

---

Tariffs wont' be large enough to make that sort of dent And the negative economic implications of tariffs will shrink normal tax collection via other methods (primarily income), as tax receipts mirror GDP

---

Tax receipts do mirror GDP. How will the GDP be influenced by more in the US production? How will the tax revenue increase if our money stays within the country? Inquiring minds want to know.

quote:

---

questions. It might give you the crazy idea to break out a calculator and realize that our revenue from tariffs won't be the revenue windfall that some are hoping for. If in fact we're running an average 1 billion dollar a day trade surplus it's because imports are temporarily lower than normal

---

Well that makes no sense. What???

quote:

---

We didn't increase exports to make up the difference. Just spit balling it to make the math easy that would be somewhere on the order of 250 billion in imports mostly taxed at 10 percent

---

Well, we have because we are the world food supplier.

quote:

---

taxes. And any way you spin it it's a tax increase on the public.

---

A consumption tax on buying imported goods it is.

quote:

---

Eventually US citizens. That's the way I see it. And IF that's the case, it IS a "tax".

---

If and that is a big “if” we can do away with income taxes for some if not all, then it will become a consumption tax. That is the goal.

quote:

---

We were at a 5 b trade deficit per day and now we are at a 1b trade surplus. Imports are down a lot and looking to crater even further. Which accounts for the trade surplus and the lack of projected tariff revenue. The lack of imports is going to hammer a few industries here. This is where the war gets dicey on our shores as companies have to make some tough calls about employment or hiring. quote:Shipments from China to the West Coast are poised to plunge by as much as 35% as President Donald Trump’s newly imposed tariffs prompt major American retailers to slash import orders, the executive director of the Port of Los Angeles said Tuesday. quote:Seroka estimated that companies have about five to seven weeks of full inventories remaining before shortages start to materialize. That’s in line with what I’ve been warning about for price increases. NY Post

---

Well sure!! There will be pain before the gain. Everyone with a pulse knew this. Here is the thing, the countries bucking this will have to fold as they need us way the frick more than we need them. Everyone and I mean EVERYONE knew this going in. Stock markets would go crazy, check. Precious metals would go crazy, check. Crypto would probably go crazy, check. It had to happen and it is.

He said they would bring 3 b per day. Well they are only bringing in 1 b per day. Welp he sucks right? The MSM is having a hay day with this. To quote the late great Paul Harvey “now, the rest of the story”! We were at a 5 b trade deficit per day and now we are at a 1b trade surplus. Imagine that.

quote:

---

My point is that Tucker was attempting to demonstrate that Russia under Putin is a wonderful place… It was ridiculous.

---

So because he has seen Moscow without graffiti and crime like our capital…it’s ridiculous? I am not a Putin fan but do not twist crap like we are the perfect nation and they are thugs. You are being ridiculous.

quote:

---

Tucker is a Russian asset at this point. Somebody needs to look I to his family and make sure they weren't inserted here by the KGB a few generations ago.

---

Now that is funny. Have a upvote!!

Cliff notes?