"I am all in favor of going back to tariffs to fund the federal government. Either use them for leverage or cash flow. Increased tariffs reduce trade deficit, increase treasury revenue, decrease inflation, and increase savings. Tariffs are not the same as a sales tax that is added onto the cost for goods purchased. Tariffs will drive com…
"I am all in favor of going back to tariffs to fund the federal government. Either use them for leverage or cash flow. Increased tariffs reduce trade deficit, increase treasury revenue, decrease inflation, and increase savings. Tariffs are not the same as a sales tax that is added onto the cost for goods purchased. Tariffs will drive competition, just like prices in a free market. Countries will be fighting to compete and gain favor for lower tariffs to get market share over other countries. Done properly, this could lead to huge revenues and price reductions.
No taxes and just tariffs would be great for America. They would make it less expensive to make things in America. This would provide jobs. Tariffs will help to cut taxes but also are a long-term play. Americans may not have the patience to stomach the short-term pain of tariffs before the good results of tariffs down the road. If I had it my way, the federal government would get 100% of its revenue from tariffs and close the IRS immediately."
“ If I had it my way, the federal government would get 100% of its revenue from tariffs and close the IRS immediately."…… isn’t this exactly the intended plan? Eventually no income taxes and shutter the IRS for good?
America is 70% at least of all purchasing from Everywhere. We have always had the power to negotiate but the ogliarchs who have run our country into the ground make too much money off it.
Likewise! But beyond the tax issue, I think my gripe is that there is ABSOLUTELY NO VALUE received by the taxpayer. Looking at all these idiots raking in millions (via the rest of us). The utter govt waste. The fraud. No taxes can't come soon enough.
I've often said that if I had control of how my tax money is being spent and irrefutable proof that it is actually spent for the purposes I select, I wouldn't mind nearly so much paying taxes. But we don't have any control over how much or what our taxes are used for other than graft and fraud. It's sickening.
You’re close to bringing up the Triffin Dilemma. Everyone fearing the tariffs does not realize the horrible inflation we have had. This comes from being the worlds reserve currency. So our seemingly huge 401k’s don’t have nearly the purchasing power we need.
"I am all in favor of going back to tariffs to fund the federal government. Either use them for leverage or cash flow. Increased tariffs reduce trade deficit, increase treasury revenue, decrease inflation, and increase savings. Tariffs are not the same as a sales tax that is added onto the cost for goods purchased. Tariffs will drive competition, just like prices in a free market. Countries will be fighting to compete and gain favor for lower tariffs to get market share over other countries. Done properly, this could lead to huge revenues and price reductions.
No taxes and just tariffs would be great for America. They would make it less expensive to make things in America. This would provide jobs. Tariffs will help to cut taxes but also are a long-term play. Americans may not have the patience to stomach the short-term pain of tariffs before the good results of tariffs down the road. If I had it my way, the federal government would get 100% of its revenue from tariffs and close the IRS immediately."
https://shorturl.at/SU89t
“ If I had it my way, the federal government would get 100% of its revenue from tariffs and close the IRS immediately."…… isn’t this exactly the intended plan? Eventually no income taxes and shutter the IRS for good?
Taxes were designed after WW2 to bring the country back from economic collapse. Why do we still have them today? Greed and deep state pocket lining
Indeed it is. I wrote this 2 months before any info was out. The founding fathers cats were some smart dudes.
America is 70% at least of all purchasing from Everywhere. We have always had the power to negotiate but the ogliarchs who have run our country into the ground make too much money off it.
I’m ready for NO TAXES!
Likewise! But beyond the tax issue, I think my gripe is that there is ABSOLUTELY NO VALUE received by the taxpayer. Looking at all these idiots raking in millions (via the rest of us). The utter govt waste. The fraud. No taxes can't come soon enough.
I've often said that if I had control of how my tax money is being spent and irrefutable proof that it is actually spent for the purposes I select, I wouldn't mind nearly so much paying taxes. But we don't have any control over how much or what our taxes are used for other than graft and fraud. It's sickening.
You’re close to bringing up the Triffin Dilemma. Everyone fearing the tariffs does not realize the horrible inflation we have had. This comes from being the worlds reserve currency. So our seemingly huge 401k’s don’t have nearly the purchasing power we need.