Tariffs are taxes

Hoid
+2
#1  Top Rated Post
How else do you think they can make up for the tax cut shortfall ?

Every time an American gets his, for instance, brakes done its an extra 50 bucks straight into goverment hands.

That is all there is to it.

The rich have reduced the amount of money they are willing to put in, so the 99 percent get to make up for it - because it has to be made up for .
 
Ocean Breeze
Free Thinker
#2
Quote: Originally Posted by Hoid View Post

How else do you think they can make up for the tax cut shortfall ?

Every time an American gets his, for instance, brakes done its an extra 50 bucks straight into goverment hands.

That is all there is to it.

The rich have reduced the amount of money they are willing to put in, so the 99 percent get to make up for it - because it has to be made up for .

It would appear that most Americans are NOT looking at this tariff situation with a total/ comprehensive view.......and what the consequences might be to them. They see it as a tit for tat superficial tactic.

Not sure they comprehend how a trade war would affect them. Trump is selling them a bill of goods ..........and they are not reading the fine print.
 
White_Unifier
#3
If a trade war between the US and the rest of the world costs the US X and the rest of the world X, the difference is that the US and one country must bear the burden of its cost whereas all of the other countries can share the burden of their cost between each other. You tell me, which side will feel the most pain?
 
Hoid
#4
You can bet your bippy that soy bean farmers are looking at these tariffs pretty comprehensively. They are comprehending how ****ed they are.

Now I wonder who soy bean growers voted for...?
 
Ocean Breeze
Free Thinker
#5
Quote: Originally Posted by Hoid View Post

You can bet your bippy that soy bean farmers are looking at these tariffs pretty comprehensively. They are comprehending how ****ed they are.

Now I wonder who soy bean growers voted for...?

Apparently that part of the US voted for ...TRUMP. CNN covered that very question today.
 
White_Unifier
+1
#6
Quote: Originally Posted by Ocean Breeze View Post

Apparently that part of the US voted for ...TRUMP. CNN covered that very question today.

Hard to say. Any half-witted exporter would have dreaded Trump's protectionist talk.
 
Ocean Breeze
Free Thinker
#7
As Trump and China lob trade threats, calls grow to halt escalating rhetoric


Many in the business community are urging President Trump and Chinese President Xi Jinping to reach a settlement before any threatened tariffs go into effect. Meanwhile, Republican lawmakers also want Trump to back down.
By Damian Paletta, David J. Lynch, Heather Long and Emily Rauhala �� Read more


https://www.washingtonpost.com/?wpis...evening&wpmm=1
 
Twila
#8
wonder who got to break it to trump that he can't fire china....
 
Hoid
+1
#9
China's response to the extra 100 billion in tariffs is going to be critical...they must retaliate or turn the other cheek.
 
Ocean Breeze
Free Thinker
#10
Quote: Originally Posted by Twila View Post

wonder who got to break it to trump that he can't fire china....

LOL......they drew straws.

The one that won.....was fired.


The number fired is exceeding those left behind
 
taxslave
Free Thinker
#11
Quote: Originally Posted by Hoid View Post

How else do you think they can make up for the tax cut shortfall ?

Every time an American gets his, for instance, brakes done its an extra 50 bucks straight into goverment hands.

That is all there is to it.

The rich have reduced the amount of money they are willing to put in, so the 99 percent get to make up for it - because it has to be made up for .

You will have to explain how getting a brake job is going to suddenly have an extra $50 in taxes on it.
Also try to explain why the rich should pay more than their equal share.
 
OpposingDigit
#12
Will American voters hate the Chinese more than Trump during the upcoming Mid-Term elections or when Trump runs for a second term as the economy takes a hit from this tariff stint?

I'm sort of hoping that the U.S. economy takes a strong hit because of Trump and his tariffs because it will change the voting pattern presently showing a conservative in the lead in Ontaro's Provincial election.
 
Hoid
#13
The Ontario election is a foregone conclusion.

The Liberals have been in power for something like 16 years.
 
OpposingDigit
#14
Hi! Hoid

If the hit on the U.S. economy is brutal, people will become more concerned about existing social programs and begin to see Doug Ford in a different light. I agree that the timeline is kinda short because the tariffs won't be in place prior the Ontario election.
 
Hoid
#15
I think when push comes to shove people in Ontario will remember Harris and the Harris revolution.
 
petros
#16
Chew on this, it'll help you understand how and why massive tax cuts are affordable:

https://blogs.wsj.com/moneybeat/2018...sletter-draft/

U.S. May Dwarf All Other Oil Producers by 2023—Energy Journal
By Neanda Salvaterra
Mar 5, 2018 7:02 am ET