I fear the economic illiterate are gonna see this and think is gonna be a good thing because “250 million per day sounds like a lot of money”.
AniNgAnnoys on
That should off set the $500 billion it is estimated the IRS won’t collect this tax season due to staffing cuts.
College_Prestige on
Trump’s plan for tariffs is easy
They’re
1. A negotiating tactic to force countries to give better deals and to force them away from china
2. Intended to be permanent to raise taxes, and the amount of stuff people import shouldn’t decrease because the taxation is meant to replace income taxes
3. Intended to spark domestic manufacturing. Suppliers will naturally want to build up manufacturing capacity to avoid tariffs.
All at the same time. Simple to understand right /s
3 Comments
I fear the economic illiterate are gonna see this and think is gonna be a good thing because “250 million per day sounds like a lot of money”.
That should off set the $500 billion it is estimated the IRS won’t collect this tax season due to staffing cuts.
Trump’s plan for tariffs is easy
They’re
1. A negotiating tactic to force countries to give better deals and to force them away from china
2. Intended to be permanent to raise taxes, and the amount of stuff people import shouldn’t decrease because the taxation is meant to replace income taxes
3. Intended to spark domestic manufacturing. Suppliers will naturally want to build up manufacturing capacity to avoid tariffs.
All at the same time. Simple to understand right /s