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re: Tariffs are taxes on American consumers
Posted on 6/16/18 at 9:36 pm to TBoy
Posted on 6/16/18 at 9:36 pm to TBoy
quote:
Tariffs are taxes on American consumers
This statement makes a ton of assumptions, mainly that the goods are price inelastic and that consumers will buy them no matter what, hence consumers pay the taxes. Not necessarily true.
quote:
Why aren’t the anti tax people getting excited about this?
Who says they aren't? Who are the "anti tax people" in your mind?
Posted on 6/16/18 at 9:38 pm to TerryDawg03
quote:
and that consumers will buy them no matter what
In some cases that is absolutely the case
I'll give you an example that I'm dealing with right now: construction project I'm working with right now has a lot of material that could be impacted by this shite. It's not exactly an option to throw the whole project down the drain at this point because the price of aluminum material goes up.
Posted on 6/16/18 at 9:39 pm to TBoy
quote:
Why aren’t the anti tax people getting excited about this?
They are.
Posted on 6/16/18 at 9:39 pm to Powerman
quote:
By definition the status quo would be a neutral outcome
Maintaining the status quo doesn't ensure a positive outcome either. It may seem to be the most stable, comfortable way, but that isn't necessarily true. Just like putting all your retirement in CD's may seem the safest bet for your money. Short term yes. Long term the market wins. What seems like the riskier investment is in fact the most certain in the long run. Gotta take some shots.
Posted on 6/16/18 at 9:40 pm to SmackoverHawg
quote:
Assuming a negative outcome isn't smart. Letting people run over you and enrich themselves at your countries expense while you do nothing isn't smart. Especially when you're the one in the strongest position to negotiate.
Which might beg the question: if we're getting screwed this bad and have been for so long then how do we manage to have by far the world's largest economy?
Posted on 6/16/18 at 9:42 pm to TerryDawg03
quote:
Tariffs are taxes on American consumers
This statement makes a ton of assumptions, mainly that the goods are price inelastic
nope
Posted on 6/16/18 at 9:42 pm to TBoy
They're taxes on businesses (as well as a regulation).
Are you saying if we cut taxes on business the benefits will trickle down?
Are you saying if we cut taxes on business the benefits will trickle down?
Posted on 6/16/18 at 9:42 pm to TBoy
quote:
Why aren’t the anti tax people getting excited about this?
I guess you haven’t seen any Grover Norquist interviews lately.
Posted on 6/16/18 at 9:43 pm to Bestbank Tiger
quote:
They're taxes on businesses (as well as a regulation).
Are you saying if we cut taxes on business the benefits will trickle down?
This probably made more sense in your head
Posted on 6/16/18 at 9:44 pm to Spock's Eyebrow
quote:
I guess you haven’t seen any Grover Norquist interviews lately.
He's more likely referring to the majority contingent here that has their heads firmly up Trump's arse
Posted on 6/16/18 at 9:48 pm to TBoy
quote:
Why aren’t the anti tax people getting excited about this?
That they are.
But no sense it pointing this out here...they don't care...if the Donald says it...the cult walks in lockstep to it.
Posted on 6/16/18 at 9:48 pm to 90proofprofessional
quote:
quote:
Tariffs are taxes on American consumers
This statement makes a ton of assumptions, mainly that the goods are price inelastic
nope
yep
Posted on 6/16/18 at 9:49 pm to TerryDawg03
no
we tax all kinds of stuff with high elasticities, the statement about assuming inelastic is nonsensical
we tax all kinds of stuff with high elasticities, the statement about assuming inelastic is nonsensical
This post was edited on 6/16/18 at 9:50 pm
Posted on 6/16/18 at 9:49 pm to HailHailtoMichigan!
quote:
Indeed, they are taxes on the american people.
But so are:
minimum wage laws
regulations
occupational licenses
Where is your outrage at that?
It's like the day after you gave up your nevertrumper status and went maga...you got dumber.
Posted on 6/16/18 at 9:51 pm to HailHailtoMichigan!
quote:
People do not pay the tariff tax.
they pay higher prices in the form of domestically produced goods.
You recognize of course...these two statements counter each other right.
People will being paying the tariff "tax" through more expensive shite.
Come on Michigan...get in the game.
Posted on 6/16/18 at 9:51 pm to Powerman
quote:
I'll give you an example that I'm dealing with right now: construction project I'm working with right now has a lot of material that could be impacted by this shite. It's not exactly an option to throw the whole project down the drain at this point because the price of aluminum material goes up.
So the contracts don't allow for contingencies or for the GC to renegotiate suppliers?
Posted on 6/16/18 at 9:52 pm to TBoy
WHen you make a fricking dumb shite post that is nothing but shite pulled out of your own arse mark it as such so we don't have to waste time clicking on it.
This doesn't have any fricking information in it.
This doesn't have any fricking information in it.
Posted on 6/16/18 at 9:53 pm to Powerman
quote:
He's more likely referring to the majority contingent here that has their heads firmly up Trump's arse
Oh, in that case, carry on, and good luck to him.
Posted on 6/16/18 at 9:53 pm to TerryDawg03
quote:
So the contracts don't allow for contingencies or for the GC to renegotiate suppliers?
We're protected from a contractual standpoint but the owner still has to incur the costs.
Someone has to pay for it
Posted on 6/16/18 at 9:53 pm to Powerman
At first I figured you must be trolling. Then I realized you are not looking at this in respect to the overall US economy or society.
Do you not think from a big picture view it is better for the US to have things like manufacturing in this country? That is what is at risk by letting other countires contiue to do what they are doing with their business practices.
quote:
I'll give you an example that I'm dealing with right now: construction project I'm working with right now has a lot of material that could be impacted by this shite. It's not exactly an option to throw the whole project down the drain at this point because the price of aluminum material goes up.
Do you not think from a big picture view it is better for the US to have things like manufacturing in this country? That is what is at risk by letting other countires contiue to do what they are doing with their business practices.
This post was edited on 6/16/18 at 9:54 pm
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