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re: Thomas Sowell criticizes the tariffs President Trump instituted
Posted on 4/3/25 at 5:52 pm to RogerTheShrubber
Posted on 4/3/25 at 5:52 pm to RogerTheShrubber
quote:
Trump's already talking about raising taxes on the rich.
Don’t worry your bus driving pension is safe from that.
0
Posted on 4/3/25 at 5:53 pm to RogerTheShrubber
quote:
Trump's already talking about raising taxes on the rich.
Yep and lowering for corporations in order to bring back business/money back into the states.
Posted on 4/3/25 at 5:53 pm to Seldom Seen
quote:Who cares what that far-left wing communist has to say?
Thomas Sowell criticizes the tariffs President Trump instituted
Posted on 4/3/25 at 5:54 pm to Seldom Seen
Another day that you are crying about taxes
Posted on 4/3/25 at 5:55 pm to RogerTheShrubber
quote:
Trump's already talking about raising taxes on the rich.
So you have nothing to worry about
Posted on 4/3/25 at 5:55 pm to SlowFlowPro
quote:
He says long term tariffs are bad but they are fine if they are a means to an ends.
quote:
So they have nothing to do with "bringing jobs back"?
That would fall under the "ends" portion of the comment you quoted. Yes, it will absolutely be bringing jobs back.
Posted on 4/3/25 at 5:55 pm to roadGator
quote:
PT board opinion, TS opinion, PT board opinion TS opinion
What to do, what to do…
Pro tip:
It doesn't matter.
Posted on 4/3/25 at 5:59 pm to Bass Tiger
VAT's are not the same as tariffs, and shouldn't be included in the discussion.
Posted on 4/3/25 at 6:00 pm to Seldom Seen
B-but Trump knows more than Thomas Sowell!
Posted on 4/3/25 at 6:02 pm to westerntigerfan
quote:
VAT's are not the same as tariffs, and shouldn't be included in the discussion.
VATs. Another screw job by the Europeans. The US has been the world’s piggy bank for too long.
Posted on 4/3/25 at 6:05 pm to KingOrange
quote:
VATs. Another screw job by the Europeans. The US has been the world’s piggy bank for too long.
How does the European VAT screw Americans on relation to any other country? H
Posted on 4/3/25 at 6:06 pm to The Scofflaw
quote:
B-but Trump knows more than Thomas Sowell!
Have you ever stayed in a Thomas Sowell hotel?
Trashy
Posted on 4/3/25 at 6:07 pm to The Scofflaw
quote:. I'm sure some fools believe it.
B-but Trump knows more than Thomas Sowell!
Posted on 4/3/25 at 6:09 pm to Landmass
quote:
Sowell > Trump
100
Sowell is on a short list of people I pretty much never disagree with because he can prove he’s right, every time.
This post was edited on 4/3/25 at 6:11 pm
Posted on 4/3/25 at 6:10 pm to Rip Torn
quote:
If retaliatory tariff threats cause other nations to drop or greatly reduce their tariffs then said businesses could move their production back to the US since said additional costs no longer exist.
The problem is these aren't retaliatory. They are just blanket tariffs based off of an absurd calculation.
Posted on 4/3/25 at 6:11 pm to westerntigerfan
quote:
VAT's are not the same as tariffs, and shouldn't be included in the discussion.
VATs increase the price of US products for consumers in other nations, tariffs and VATs are cumulative cost increases on US products.
Posted on 4/3/25 at 6:12 pm to westerntigerfan
It affects all consumers in all countries. I was speaking to American goods. Most companies get a tax credit for VATs while consumers do not.
Posted on 4/3/25 at 6:13 pm to Seldom Seen
He can be wrong. If he thinks he can do better, he can get his slow talking arse outta that chair and run for president in 2028!! How bout dat?
Posted on 4/3/25 at 6:13 pm to Robin Masters
quote:
When the other country drops their tariffs and stops manipulating their currency/subsidizing their industries their imports are less competitive and so manufacturing returns.
Ok.
We just imposed import tariffs on commodities we can’t “create” in the US like coffee and bananas. The countries that grow our coffee and bananas are pretty poor and likely aren’t going to be buying our stuff.
So all we’ve done here is raise the input costs on thousands of Americans businesses that take commodities from the countries that have them and turn them into a product Americans enjoy.
Tariffs on coffee beans, bananas, palm oil, mangoes, etc. are taxes. They serve no other purpose than to raise revenue for the government from the American consumer.
Posted on 4/3/25 at 6:15 pm to ned nederlander
quote:
Tariffs on coffee beans, bananas, palm oil, mangoes, etc. are taxes. They serve no other purpose than to raise revenue for the government from the American consumer.
Ned. You just don't understand. We are trying to play 5d chess here.
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