The truth about taxes

If we "Bring those jobs back to America" the cost of production would skyrocket, leading to fewer people being employed.

Would California solve its economic problems if it was allowed to put tariffs on imports form Oregon?

What a bunch of speculative bullshit. Try again.

So, what part of my post is "speculative bullshit"? The model's not that complicated.

Oregon/California.... that part.

BTW... if there were a 25% tariff on imported goods, you really think that it would be worth the labor and shipping costs to keep production abroad? Finally... sactown... had a great idea... if Companies invest their profits here... they avoid a 20% tax. If they choose to keep there money abroad, they are liable to the 20% tax... that gives them the choice.
 
What do you care what someone else is charging? What difference does it make? We will benefit with lower tariff rates. We will lose money if we raise tariffs. Period. There is no debate on this, the facts are well established.
On your view we should become E.Germany, forcing our citizens to buy domestic inferior products for more money. I reject that view. Because I care about our children.

Then you should care that they can get a decent job. Just doing nothing in the face of such mercantilist policies is irresponsible to the people of this country. Again I am not advocating product tarrifs but I am also not in favor of the status quo since that has resulted in a significant decline in middle class jobs.
 
How am I stupid? I am simply pointing out the turht, there is no way to sustain the current level of spending without raising taxes across the board.

Really it is worse than that. Their is no way of maintaining even paired back programs without tax increases. But don't you think we should end things like hedge fund managers and their carry first?
 
True, it would make it more costly to go to China.

It would also make it more costly to produce stuff. The total amount of "stuff" (GDP) would go down, and the 9% of people of us that are not working would become 15%.

Look, I understand the sentiment. But the fact is that even in the face of other nations using protectionist policies, no first world, consumer-driven economy benefits from protectionist policies. Certain sectors might benefit, but the nation as a whole suffers.

Yes that is true if you employ product quotas but not if you tax exported capital. Taxing exported capital would do the same thing as lowering the capital gains rate in that it would increase the flow of capital in the US made available to business.

Except in this case it is better because you don't have leakage associated with people investing overseas like you do with a lower capital gains rate.
 
Where is the logic in saying that because taxing the rich can't fix the entire problem, therefore the rich should be exempted from helping fix any part of the problem?

Where is the logic in making this statement when no one said that?
 
Where is the logic in saying that because taxing the rich can't fix the entire problem, therefore the rich should be exempted from helping fix any part of the problem?

Where is the logic in making this statement when no one said that?

bullshit... that's all I've been hearing... no revenue increases....

No revenue increases don't contradict what I said about the post. Try reading the chain, it's short. It's all embedded in the post and there are three sentences.
 
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Consumers pay the tariff period. Why do you want to increase costs on working families, Steelplateinskalp?

Conservatives don't have a problemw ith poor people buying frivolous crap with their own money. Note the expression, with their own money. I dont know who told you different.
Tariffs would knee cap existing businesses by shutting off foreign markets for them, closing down a major source of revenue.
If Chinese citizens are paying high import taxes then how does that screw us? They are screwing their citizens. You ought to be in favor of that.

Your ideas are poorly thought out and based on emotion and poor information. You sound like a fool.

Listen here silly Rabbi...(I mean if we are going to do the butcher the Nickname thing).

Bullshit... All I hear from Conservatives is a mantra of personal responsibility... "If the poor can't make ends meet, maybe they shouldn't buy iPads and instead make their damned house payments and go to the grocery store to feed their kids".

Bullshit.... Tarrifs HERE have nothing to do with Foreign Tarrifs which are already 10X the amount we charge them. They will either lower theirs to a reasonable level, or we will raise ours until an agreeable deal can be made.

China isn't screwing their citizens... they simply aren't buying our products that aren't produced there and forcing OUR Companies to build plants in THEIR Country in order to gain their business. Furthermore.... they require our companies to SHARE OUR intellectual property with them, so that in time... they can make cheap versions of the same product... notice the rash of Counterfeit iPads coming into the country? Probably not.

To think that we have Free Trade with these countries is borderline insanity... Just because Companies get Dirt Cheap labor doesn't necessarily mean it's a good thing in the long run and it certainly isn't good for the country.

Please post any comment by a conservative complaining that poor people can't spend their own money any way they want. I won't hold my breath.
What do you care what someone else is charging? What difference does it make? We will benefit with lower tariff rates. We will lose money if we raise tariffs. Period. There is no debate on this, the facts are well established.
On your view we should become E.Germany, forcing our citizens to buy domestic inferior products for more money. I reject that view. Because I care about our children.

yeah... you want me to hunt through 100-500 threads looking for Condemnation of poor people watching Big screen TV's, buying cell phones and iPads and they like? Forget it

who benefits from lower tariff rates? oh yeah...Corporations and their Extremely wealthy owners and CEO's, who turn around and abandon the country.

East Germany... last I saw, Germany was unified and doing very well... AND they have Universal Health Care, Educate their citizens and have a National Retirement program. If you REALLY care about your children, you'd rethink your position...

By the way... still waiting on the list of regulations that you think 90% of is useless.
 
I don't think that assessment is right. We import far more than we export, especially into countries such as China. If we charged them 25% on their US imports, all we would do is drive up the costs of most goods we buy. China, on the other hand, imports little final-sales product from us and therefore the tax would have a smaller effect on them.

Where I see a problem is that our employers are going to China in order to reap the rewards of extremely cheap labor and then selling to us at huge profits while 9% (and when you really think about it counting people that are no longer looking for employment closer to 20%) of us are not working. Tariffs would make it more costly for them to go to China for labor rather than employ Americans.

Immie

True, it would make it more costly to go to China.

It would also make it more costly to produce stuff. The total amount of "stuff" (GDP) would go down, and the 9% of people of us that are not working would become 15%.

Look, I understand the sentiment. But the fact is that even in the face of other nations using protectionist policies, no first world, consumer-driven economy benefits from protectionist policies. Certain sectors might benefit, but the nation as a whole suffers.

I disagree, unusual re me/you.

You're in a sort of chicken/egg paradigm. People are broke, eg unemployed/underemployed, therefore they can't afford higher prices. If they were employed, or gainfully employed in the case of the many working poor just scraping by, they could afford the higher prices.

Don't know if this statistic is any good anymore but at one time there were 5 applicants vying for each available job. Personally? I'd rather hedge that number and pay the higher price, than roll the dice as to whether I get the job at all.
 
What do you care what someone else is charging? What difference does it make? We will benefit with lower tariff rates. We will lose money if we raise tariffs. Period. There is no debate on this, the facts are well established.
On your view we should become E.Germany, forcing our citizens to buy domestic inferior products for more money. I reject that view. Because I care about our children.

Then you should care that they can get a decent job. Just doing nothing in the face of such mercantilist policies is irresponsible to the people of this country. Again I am not advocating product tarrifs but I am also not in favor of the status quo since that has resulted in a significant decline in middle class jobs.

Mercantilism is a loser. It impoverishes countries.
I care that if someone wants to set up a manufacturing operation, or any operation employing more than 50 people, he instantly becomes subject to so many regulations and taxes he must hire an army just to be in compliance.
There is your job source right there. Get rid of that crap and let people do business and won't be having this conversation.
 
Listen here silly Rabbi...(I mean if we are going to do the butcher the Nickname thing).

Bullshit... All I hear from Conservatives is a mantra of personal responsibility... "If the poor can't make ends meet, maybe they shouldn't buy iPads and instead make their damned house payments and go to the grocery store to feed their kids".

Bullshit.... Tarrifs HERE have nothing to do with Foreign Tarrifs which are already 10X the amount we charge them. They will either lower theirs to a reasonable level, or we will raise ours until an agreeable deal can be made.

China isn't screwing their citizens... they simply aren't buying our products that aren't produced there and forcing OUR Companies to build plants in THEIR Country in order to gain their business. Furthermore.... they require our companies to SHARE OUR intellectual property with them, so that in time... they can make cheap versions of the same product... notice the rash of Counterfeit iPads coming into the country? Probably not.

To think that we have Free Trade with these countries is borderline insanity... Just because Companies get Dirt Cheap labor doesn't necessarily mean it's a good thing in the long run and it certainly isn't good for the country.

Please post any comment by a conservative complaining that poor people can't spend their own money any way they want. I won't hold my breath.
What do you care what someone else is charging? What difference does it make? We will benefit with lower tariff rates. We will lose money if we raise tariffs. Period. There is no debate on this, the facts are well established.
On your view we should become E.Germany, forcing our citizens to buy domestic inferior products for more money. I reject that view. Because I care about our children.

yeah... you want me to hunt through 100-500 threads looking for Condemnation of poor people watching Big screen TV's, buying cell phones and iPads and they like? Forget it

who benefits from lower tariff rates? oh yeah...Corporations and their Extremely wealthy owners and CEO's, who turn around and abandon the country.

East Germany... last I saw, Germany was unified and doing very well... AND they have Universal Health Care, Educate their citizens and have a National Retirement program. If you REALLY care about your children, you'd rethink your position...

By the way... still waiting on the list of regulations that you think 90% of is useless.

WOw are you stupid. Like there was some doubt in the matter.
So you cannot produce anything--not even a post from a moron on USMB, that supports your point.
EAST Germany is not Germany, dumbshit. They are unified because E.Germany was a failed state. It failed in large part because their economic restrictions made it impossible to do business and people suffered from high tariffs on imported goods.
 
What do you care what someone else is charging? What difference does it make? We will benefit with lower tariff rates. We will lose money if we raise tariffs. Period. There is no debate on this, the facts are well established.
On your view we should become E.Germany, forcing our citizens to buy domestic inferior products for more money. I reject that view. Because I care about our children.

Then you should care that they can get a decent job. Just doing nothing in the face of such mercantilist policies is irresponsible to the people of this country. Again I am not advocating product tarrifs but I am also not in favor of the status quo since that has resulted in a significant decline in middle class jobs.

Mercantilism is a loser. It impoverishes countries.
I care that if someone wants to set up a manufacturing operation, or any operation employing more than 50 people, he instantly becomes subject to so many regulations and taxes he must hire an army just to be in compliance.
There is your job source right there. Get rid of that crap and let people do business and won't be having this conversation.

Got that list yet, silly rabbi? Or are you just repeating the Trix for kids that Fauxnews and AM radio keep telling you without giving YOU any details either?
 
Then you should care that they can get a decent job. Just doing nothing in the face of such mercantilist policies is irresponsible to the people of this country. Again I am not advocating product tarrifs but I am also not in favor of the status quo since that has resulted in a significant decline in middle class jobs.

Mercantilism is a loser. It impoverishes countries.
I care that if someone wants to set up a manufacturing operation, or any operation employing more than 50 people, he instantly becomes subject to so many regulations and taxes he must hire an army just to be in compliance.
There is your job source right there. Get rid of that crap and let people do business and won't be having this conversation.

Got that list yet, silly rabbi? Or are you just repeating the Trix for kids that Fauxnews and AM radio keep telling you without giving YOU any details either?

Here ya go, dumbshit.
Code of Federal Regulations: Main Page

When there's something there you think DOESN"t impose a burden let me know.
 
Please post any comment by a conservative complaining that poor people can't spend their own money any way they want. I won't hold my breath.
What do you care what someone else is charging? What difference does it make? We will benefit with lower tariff rates. We will lose money if we raise tariffs. Period. There is no debate on this, the facts are well established.
On your view we should become E.Germany, forcing our citizens to buy domestic inferior products for more money. I reject that view. Because I care about our children.

yeah... you want me to hunt through 100-500 threads looking for Condemnation of poor people watching Big screen TV's, buying cell phones and iPads and they like? Forget it

who benefits from lower tariff rates? oh yeah...Corporations and their Extremely wealthy owners and CEO's, who turn around and abandon the country.

East Germany... last I saw, Germany was unified and doing very well... AND they have Universal Health Care, Educate their citizens and have a National Retirement program. If you REALLY care about your children, you'd rethink your position...

By the way... still waiting on the list of regulations that you think 90% of is useless.

WOw are you stupid. Like there was some doubt in the matter.
So you cannot produce anything--not even a post from a moron on USMB, that supports your point.
EAST Germany is not Germany, dumbshit. They are unified because E.Germany was a failed state. It failed in large part because their economic restrictions made it impossible to do business and people suffered from high tariffs on imported goods.

Wow... are you stupid. Unified Germany employs many of the "socialist" programs that your side hates... In fact... In Unified Germany... employees get to vote on their company's CEO's. How Socialist is that?

East Germany was a closed society... period... it wasn't tariffs... they didn't want WESTERN products in their totalitarian state because of western "CAPITALIST PIG" influence that might have sparked revolt. You might want to study a little bit of history there chum. Read about the East Bloc and the USSR... you might learn something. I'll tell you what... think North Korea and you'll get the idea. Economic restrictions had nothing to do with their fall and Unfettered Communism had everything to do with it.
 
What a bunch of speculative bullshit. Try again.

So, what part of my post is "speculative bullshit"? The model's not that complicated.

Oregon/California.... that part.
It was a question, not speculation.

BTW... if there were a 25% tariff on imported goods, you really think that it would be worth the labor and shipping costs to keep production abroad?

Probably not - instead, we'd get more expensive goods produced here, transferring resources from higher value / higher productivity goods to less value added, lower productivity goods.

Finally... sactown... had a great idea... if Companies invest their profits here... they avoid a 20% tax. If they choose to keep there money abroad, they are liable to the 20% tax... that gives them the choice.
So what happens when every nation puts up this system?
 
yeah... you want me to hunt through 100-500 threads looking for Condemnation of poor people watching Big screen TV's, buying cell phones and iPads and they like? Forget it

who benefits from lower tariff rates? oh yeah...Corporations and their Extremely wealthy owners and CEO's, who turn around and abandon the country.

East Germany... last I saw, Germany was unified and doing very well... AND they have Universal Health Care, Educate their citizens and have a National Retirement program. If you REALLY care about your children, you'd rethink your position...

By the way... still waiting on the list of regulations that you think 90% of is useless.

WOw are you stupid. Like there was some doubt in the matter.
So you cannot produce anything--not even a post from a moron on USMB, that supports your point.
EAST Germany is not Germany, dumbshit. They are unified because E.Germany was a failed state. It failed in large part because their economic restrictions made it impossible to do business and people suffered from high tariffs on imported goods.

Wow... are you stupid. Unified Germany employs many of the "socialist" programs that your side hates... In fact... In Unified Germany... employees get to vote on their company's CEO's. How Socialist is that?

East Germany was a closed society... period... it wasn't tariffs... they didn't want WESTERN products in their totalitarian state because of western "CAPITALIST PIG" influence that might have sparked revolt. You might want to study a little bit of history there chum. Read about the East Bloc and the USSR... you might learn something. I'll tell you what... think North Korea and you'll get the idea. Economic restrictions had nothing to do with their fall and Unfettered Communism had everything to do with it.

Your lack of knowledge is simply embarrassing.
 
Mercantilism is a loser. It impoverishes countries.
I care that if someone wants to set up a manufacturing operation, or any operation employing more than 50 people, he instantly becomes subject to so many regulations and taxes he must hire an army just to be in compliance.
There is your job source right there. Get rid of that crap and let people do business and won't be having this conversation.

Got that list yet, silly rabbi? Or are you just repeating the Trix for kids that Fauxnews and AM radio keep telling you without giving YOU any details either?

Here ya go, dumbshit.
Code of Federal Regulations: Main Page

When there's something there you think DOESN"t impose a burden let me know.

Why should I prove YOUR assertion that 90% of regulation is bogus. That's up to you sunshine. You made the claim, I didn't. What's the problem... didn't your talking heads give you details?
 
WOw are you stupid. Like there was some doubt in the matter.
So you cannot produce anything--not even a post from a moron on USMB, that supports your point.
EAST Germany is not Germany, dumbshit. They are unified because E.Germany was a failed state. It failed in large part because their economic restrictions made it impossible to do business and people suffered from high tariffs on imported goods.

Wow... are you stupid. Unified Germany employs many of the "socialist" programs that your side hates... In fact... In Unified Germany... employees get to vote on their company's CEO's. How Socialist is that?

East Germany was a closed society... period... it wasn't tariffs... they didn't want WESTERN products in their totalitarian state because of western "CAPITALIST PIG" influence that might have sparked revolt. You might want to study a little bit of history there chum. Read about the East Bloc and the USSR... you might learn something. I'll tell you what... think North Korea and you'll get the idea. Economic restrictions had nothing to do with their fall and Unfettered Communism had everything to do with it.

Your lack of knowledge is simply embarrassing.

wow... great comeback... care to prove it?
 
BTW... if there were a 25% tariff on imported goods, you really think that it would be worth the labor and shipping costs to keep production abroad?

Probably not - instead, we'd get more expensive goods produced here, transferring resources from higher value / higher productivity goods to less value added, lower productivity goods.

Finally... sactown... had a great idea... if Companies invest their profits here... they avoid a 20% tax. If they choose to keep there money abroad, they are liable to the 20% tax... that gives them the choice.
So what happens when every nation puts up this system?

We would be essentially "buying" jobs through higher prices and inefficiency. We might as well have the gov't pay each company $500 for every worker they have and then raise taxes to cover the expense.

If other countries adopt the same system we will see an instant trade balance. That isn't good because it means foreign companies will not invest here. Higher capital costs will reduce investment overall.

I have to say I haven't seen as many bad economic ideas expressed here since the Ford and Carter administrations.
 
Wow... are you stupid. Unified Germany employs many of the "socialist" programs that your side hates... In fact... In Unified Germany... employees get to vote on their company's CEO's. How Socialist is that?

East Germany was a closed society... period... it wasn't tariffs... they didn't want WESTERN products in their totalitarian state because of western "CAPITALIST PIG" influence that might have sparked revolt. You might want to study a little bit of history there chum. Read about the East Bloc and the USSR... you might learn something. I'll tell you what... think North Korea and you'll get the idea. Economic restrictions had nothing to do with their fall and Unfettered Communism had everything to do with it.

Your lack of knowledge is simply embarrassing.

wow... great comeback... care to prove it?

Just read your own posts. That's proof enough.
Quit embarassing yourself. You need to go home.
 

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