Rip up NAFTA, apply 15-20% border tariff and 10's of thousands of jobs will be recovered from Canada

[Tehon]

Well I didn't mention GDP and wasn't really talking about GDP, just that Americans are generally much richer now than at any time in history.

I'm using GDP because it measures economic activity and that is what we are discussing. Yes we are richer but the added wealth is going predominantly to the wealthiest among us. The middle rungs of the economic ladder have been systematically weakened.

I'm not sure what you're getting at by saying it is socially irresponsible to do nothing. I'm not a Socialist, I believe that humans can't live in a Utopia, the US being the largest economy on Earth and yet having so many problems is evidence that things don't always work as we'd like them to.

One doesn't have to be a Socialist to want an economic system that is more inclusive. Sorry, I assumed you to be liberal in your thinking. I see now that you are neoliberal.

 

[The Sage of Main Street]

Trump and his team can't keep his eye off of this issue, if he does, the Democrats will sweep in and take away those who left their party and voted GOP, it's a guarantee. It is by far the #1 reason why he won the election from what I can glean. People want unfair trade deals to be eliminated and jobs to return. After he deals with Mexico and Canada, he needs to work on he China unfair file. This will be heavy lifting, but will be in the best interest of American workers and the future.

This means applying the border tariff to Canada, ripping up NAFTA (which is violated by Canada all the time anyways, as you will read from me). This will ensure American businesses avoid Canada, and, in many cases, move jobs back to America from Canada since any perceived benefit will be gone. Coupled with the tax cuts, this is a powerful antidote.

As someone who considers himself a fiscal conservative and who would never have prescribed to increased tariffs, this has to be done. Globalization requires tweaking, I've stated it before, it has become far too unequal for National economies of liberty loving nations and a massive and unequal drain of jobs from these same countries. Meaning less revenue, a withering middle class and a future that s bleak.

Furthermore, even the globalists need to understand something very important, if America fails, the world leader will be China. Not only will human rights along the world suffer from such a realisation, by osmosis, the watering down of American individualism and rights will be eroded too.

All the technical reviews that I have seen on how the border tax is supposed to work indicate that the corporate income tax will be the mechanism rather than the tariff.

Export revenue shall become tax exempt.

And cost of goods sold from imports will be non-deductible.

Hence exporters get a huge tax break while importers get a huge tax hike.

To help finance the tax cut side of it, corporate interest expense will become nondeductible as well.

This still will raise prices on lower middle class and poor Americans. It works the same way as a tariff. It also discriminates against companies which is not the goal of tax reform. Some companies will pay little or nothing in taxes while some will pay the maximum. Worth noting that Trump has said that it is too complicated which suggests he favors a straight tariff.

Free Traders Are Traitors

With more jobs and more money circulating within America instead of being drained into the Third World, Americans will be able to pay higher prices. We will come out ahead.

Companies must be forbidden to outsource our jobs. We have eminent domain over them. We built their wealth; it didn't fall from the sky. They can still make a profit by setting up entirely new branches, paying the coolie countries' low wages, and selling only within those countries at low prices. After we destroy the useless Democratic Party, the remaining party will split between Populists and Economic Elitists.

 

[expat_panama]

Free Traders Are Traitors

That's a long standing American tradition, labeling anyone you don't like a "traitor" and then--

--seeing where it goes.

Ah but this is not the "Clean Debate Zone" so that kind of talk's ok here I guess...

 

[busybee01]

Trump and his team can't keep his eye off of this issue, if he does, the Democrats will sweep in and take away those who left their party and voted GOP, it's a guarantee. It is by far the #1 reason why he won the election from what I can glean. People want unfair trade deals to be eliminated and jobs to return. After he deals with Mexico and Canada, he needs to work on he China unfair file. This will be heavy lifting, but will be in the best interest of American workers and the future.

This means applying the border tariff to Canada, ripping up NAFTA (which is violated by Canada all the time anyways, as you will read from me). This will ensure American businesses avoid Canada, and, in many cases, move jobs back to America from Canada since any perceived benefit will be gone. Coupled with the tax cuts, this is a powerful antidote.

As someone who considers himself a fiscal conservative and who would never have prescribed to increased tariffs, this has to be done. Globalization requires tweaking, I've stated it before, it has become far too unequal for National economies of liberty loving nations and a massive and unequal drain of jobs from these same countries. Meaning less revenue, a withering middle class and a future that s bleak.

Furthermore, even the globalists need to understand something very important, if America fails, the world leader will be China. Not only will human rights along the world suffer from such a realisation, by osmosis, the watering down of American individualism and rights will be eroded too.

All the technical reviews that I have seen on how the border tax is supposed to work indicate that the corporate income tax will be the mechanism rather than the tariff.

Export revenue shall become tax exempt.

And cost of goods sold from imports will be non-deductible.

Hence exporters get a huge tax break while importers get a huge tax hike.

To help finance the tax cut side of it, corporate interest expense will become nondeductible as well.

This still will raise prices on lower middle class and poor Americans. It works the same way as a tariff. It also discriminates against companies which is not the goal of tax reform. Some companies will pay little or nothing in taxes while some will pay the maximum. Worth noting that Trump has said that it is too complicated which suggests he favors a straight tariff.

Free Traders Are Traitors

With more jobs and more money circulating within America instead of being drained into the Third World, Americans will be able to pay higher prices. We will come out ahead.

Companies must be forbidden to outsource our jobs. We have eminent domain over them. We built their wealth; it didn't fall from the sky. They can still make a profit by setting up entirely new branches, paying the coolie countries' low wages, and selling only within those countries at low prices. After we destroy the useless Democratic Party, the remaining party will split between Populists and Economic Elitists.

You are the traitor you neo-Nazi pig. Government does not tell anyone what to do. Any thought they would do so is Hitler-esque. Americans will not be able to pay higher prices especially people with unskilled jobs. There will be m0ore poverty in this country.

 

[frigidweirdo]

Well I didn't mention GDP and wasn't really talking about GDP, just that Americans are generally much richer now than at any time in history.

I'm using GDP because it measures economic activity and that is what we are discussing. Yes we are richer but the added wealth is going predominantly to the wealthiest among us. The middle rungs of the economic ladder have been systematically weakened.

I'm not sure what you're getting at by saying it is socially irresponsible to do nothing. I'm not a Socialist, I believe that humans can't live in a Utopia, the US being the largest economy on Earth and yet having so many problems is evidence that things don't always work as we'd like them to.

One doesn't have to be a Socialist to want an economic system that is more inclusive. Sorry, I assumed you to be liberal in your thinking. I see now that you are neoliberal.

Of course, I understand. However you're saying the middle class is being weakened. Really? Wealth comes in many ways, GDP shows money, but buying power and what you can buy are something else. People have far more choice with anything and everything, computers have opened up TV and other forms of entertainment, so that even the poorest in society are often "richer" than they've ever been. I mean, when I was a kid there was rubbish TV without much choice, when the TV broke you smacked it one, no computers, having fun was going outside. Things have changed so much, haven't they.

And yet, people aren't happier. Why is that? Probably because happiness isn't based on material things. Material things often take away from happiness. However people still feel happiness is about material things, so they get angry and demand MORE MONEY otherwise they'll not be happy.

It doesn't make sense, but who said US politics made any sense?

 

[The Sage of Main Street]

Trump and his team can't keep his eye off of this issue, if he does, the Democrats will sweep in and take away those who left their party and voted GOP, it's a guarantee. It is by far the #1 reason why he won the election from what I can glean. People want unfair trade deals to be eliminated and jobs to return. After he deals with Mexico and Canada, he needs to work on he China unfair file. This will be heavy lifting, but will be in the best interest of American workers and the future.

This means applying the border tariff to Canada, ripping up NAFTA (which is violated by Canada all the time anyways, as you will read from me). This will ensure American businesses avoid Canada, and, in many cases, move jobs back to America from Canada since any perceived benefit will be gone. Coupled with the tax cuts, this is a powerful antidote.

As someone who considers himself a fiscal conservative and who would never have prescribed to increased tariffs, this has to be done. Globalization requires tweaking, I've stated it before, it has become far too unequal for National economies of liberty loving nations and a massive and unequal drain of jobs from these same countries. Meaning less revenue, a withering middle class and a future that s bleak.

Furthermore, even the globalists need to understand something very important, if America fails, the world leader will be China. Not only will human rights along the world suffer from such a realisation, by osmosis, the watering down of American individualism and rights will be eroded too.

All the technical reviews that I have seen on how the border tax is supposed to work indicate that the corporate income tax will be the mechanism rather than the tariff.

Export revenue shall become tax exempt.

And cost of goods sold from imports will be non-deductible.

Hence exporters get a huge tax break while importers get a huge tax hike.

To help finance the tax cut side of it, corporate interest expense will become nondeductible as well.

This still will raise prices on lower middle class and poor Americans. It works the same way as a tariff. It also discriminates against companies which is not the goal of tax reform. Some companies will pay little or nothing in taxes while some will pay the maximum. Worth noting that Trump has said that it is too complicated which suggests he favors a straight tariff.

Free Traders Are Traitors

With more jobs and more money circulating within America instead of being drained into the Third World, Americans will be able to pay higher prices. We will come out ahead.

Companies must be forbidden to outsource our jobs. We have eminent domain over them. We built their wealth; it didn't fall from the sky. They can still make a profit by setting up entirely new branches, paying the coolie countries' low wages, and selling only within those countries at low prices. After we destroy the useless Democratic Party, the remaining party will split between Populists and Economic Elitists.

You are the traitor you neo-Nazi pig. Government does not tell anyone what to do. Any thought they would do so is Hitler-esque. Americans will not be able to pay higher prices especially people with unskilled jobs. There will be m0ore poverty in this country.

Grossly Gargling Godwins

If I were a Nazi, the Bush dynasty would be financing me and I wouldn't respond to little people like you.