BREAKING NEWS: Trump proposes 20% tax on imports from Mexico to pay for wall

[owebo]

You guys are absolutely amazing. I am continually awed at how you are able to take things out of context, distort them for your own purposes, and then try to publish them as facts.

1) Spicer did NOT say that Trump was going to impose a 20% tax on goods from Mexico.

2) Spicer DID say that they COULD impose a tax, as high as 20%, on goods from Mexico in order to recover the cost of building the wall. (There are several other alternatives available - none of which are being discussed. It's all part of the negotiation process)

3) Everybody above the third grade knows that the President CAN'T impose any tax. Only Congress can impose a tax.

4) Trump has been on record for 2 years about changing the corporate tax paradigm. His recommended approach is to drop all corporate tax to 15-20%, and impose an exactly equal tax on all imported goods (from EVERY country). Thus, everything going in AND out of the country would be taxed equally.

5) It is absolutely stunning that a 20% tax on Mexican imports just HAPPENS to equal the approximate cost of building the wall. Just an amazing coincidence, don't you think?

6) If Congress applies a "targeted" import tax on Mexican imports, two things will happen: 1) Mexican imports become less cost advantageous to the American consumer, and 2) the resulting loss of income will have extremely negative effects on the Mexican economy. In the end, Mexico will cough up the cost of the wall.

7) It's called the "art of the deal" - if you want $10, demand $20. Watch how it ends up.

again, it amazes me that you don't understand the donald isn't going to tax his own imports.

you people are hysterical

That's EXACTLY what he porposes to do --- and, frankly, it makes good business sense. I'm sorry your background doesn't allow you to understand that.

trumpeters are such a joke. it doesn't matter what the orange sociopath says, you all lap it up.

 

[Tom Horn]

it's so cute when stupid, uneducated twits say things like that to their betters.

Sorry Jilly...I don't date outside my species.

 

[owebo]

In other words, he's going to build a wall and American consumers are going to pay for it.

Why would you say that? You're smarter than this.

Because I know that protectionism is a cost paid by consumers.

"Mexico will not pay this tax. It will be paid by Americans who buy Mexican imports." - Peter Schiff

Mexico will pay dearly.....

Not through tariffs.

Through tarrifs.....

 

[Kevin_Kennedy]

That's how protectionism works. Tariffs are paid by consumers.

Unless the consumers turn elsewhere, say China, Korea, Singapore, Brazil, Chili, ad nasium.

In other words, American consumers will be paying higher prices, and thus more taxes, regardless.

 

[Toro]

In other words, he's going to build a wall and American consumers are going to pay for it.

Why would you say that? You're smarter than this.

Because I know that protectionism is a cost paid by consumers.

"Mexico will not pay this tax. It will be paid by Americans who buy Mexican imports." - Peter Schiff

Mexico will pay dearly.....

Not through tariffs.

Through tarrifs.....

You will pay. Not Mexico.

You should have studied economics.

If you had, you wouldn't say such things.

 

[Kevin_Kennedy]

No, he is counting on idiot basket weavers like you to infuriate the people with your liberal bullshit.....you're winning, so don't complain...

You support wealth redistribution by taxing people to create jobs in your pet industries.

Just like liberals.

How can anyone who has studied economics say otherwise?

See....winning....

You are winning in the way Charlie Sheen is winning.

Who would have thought that "conservatives" like you would support wealth redistribution policies by taxing people?

Not to toot my own horn, but I could have easily guessed that.

 

[Uncensored2008]

[


he's right.

you of course don't get it. no surprises.

Ah, because Mexico is the only source for these goods. Yep, you're still as bright as a black hole.

Mexico is in a precarious position. They have effectively one trading partner, the USA. American on the other hand, has numerous partners. There is nothing Mexico has to offer that Korea does not, save proximity. Still, given the technological superiority of the Pacific Rim, the advantage of geographical proximity is razor thin.

This is really for Kevin, your far too ******* stupid to grasp it, Jilly.

 

[jillian]

Why would you say that? You're smarter than this.

Because I know that protectionism is a cost paid by consumers.

"Mexico will not pay this tax. It will be paid by Americans who buy Mexican imports." - Peter Schiff

Mexico will pay dearly.....

Not through tariffs.

Through tarrifs.....

You will pay. Not Mexico.

You should have studied economics.

If you had, you wouldn't say such things.

he clearly hasn't studied anything.

 

[LogikAndReazon]

The more Illegal, welfare roll, beaners and their extended families in this country the better....

For diversitys sake !!!

 

[Kevin_Kennedy]

In other words, he's going to build a wall and American consumers are going to pay for it.

Why would you say that? You're smarter than this.

Because I know that protectionism is a cost paid by consumers.

"Mexico will not pay this tax. It will be paid by Americans who buy Mexican imports." - Peter Schiff

Mexico will pay dearly.....

Not through tariffs.

Through tarrifs.....

Nope, because as stated previously, that's not how tariffs work.

 

[owebo]

Why would you say that? You're smarter than this.

Because I know that protectionism is a cost paid by consumers.

"Mexico will not pay this tax. It will be paid by Americans who buy Mexican imports." - Peter Schiff

Mexico will pay dearly.....

Not through tariffs.

Through tarrifs.....

You will pay. Not Mexico.

You should have studied economics.

If you had, you wouldn't say such things.

Mexico will pay for the wall....you get that basket weaving degree on-line?

 

[ABikerSailor]

Do you REALLY think that the CEO's of companies that bring products in from Mexico are going to absorb the costs of the tariffs? No, they're not, they will simply increase the price of their product and pass it off to the consumers (i.e. you and me).

 

[owebo]

Why would you say that? You're smarter than this.

Because I know that protectionism is a cost paid by consumers.

"Mexico will not pay this tax. It will be paid by Americans who buy Mexican imports." - Peter Schiff

Mexico will pay dearly.....

Not through tariffs.

Through tarrifs.....

Nope, because as stated previously, that's not how tariffs work.

Yes, that how tarrifs work.....

 

[oreo]

BULLSHIT--Do you have any idea what you would pay for a shirt today, that you pay $15.00 for right now, if it was "made in America."

If he does a 20% noncongressional approved BORDER tax you're going to be paying for it in the cost of the product. It's not going to create a single job here.

If you've ever been to Mexico--which I wholly doubt you have, you may want to talk to General Electric, General Motors, Westinghouse, Walmart, Pizza Hut, McDonalds, Home Depot, Sams, Target and all the other AMERICAN corporations down there that do sell their goods in Mexico. What do you suppose is going to happen when Mexico returns the favor of a 20% tax on American goods and corporations down there?

Let me spell it out for you! JOB LOSS'S HERE dumbass

Mexico is the number 2 buyer of American products in the world.

Hey, bro. You think they're manufacturing goods in America to ship to mexico, or are the same goods they're building in Mexico the same ones they're selling in Mexico? Like they used to do here. They build in Mexico, and sell in Mexico. Here, they build in Mexico and sell in America.

Who do you think is going to suffer? Corporations with huge profit margins after paying some Mexican worker 8 dineros a day, or American workers?

I guess those rich motherfuckers won't be unemployed anytime soon. If you didn't hear lately, our trade deficit with Mexico means we're losing more than we're gaining.

The arrow is when NAFTA starts, and it is our trade deficit.


So while you can cry about how much our corporations that skip taxes and keep their money in tax havens are fixing to lose by paying American workers, let's talk about American interests.

It is in our interests to make sure that we have a large pool of highly paid workers. That's good for our economy. Shipping our jobs to Mexico to pay Mexicans an extreme fraction of what we make with no benefits, means that a high paying job with decent benefits is lost in America.

Are you willing to give up your job to a Mexican who makes 1/64th what you do, just so the corporations earn a bit more money, dumbass?

You adhere to a discredited economic philosophy from the 18th century called mercantilism. It is opposed by anyone who believes in capitalism, freedom and liberty.

American exports to Mexico have exploded since NAFTA.

How about American exports that don't involve natural resources, such as gas and coal?

That is more of a diagram of the consumption of natural gas by the economy of Mexico, which is no doubt growing since NAFTA and the subsequent exploitation of poorly paid Mexican workers by American corporations.

How about manufactured goods? as the export of American manufactured goods exploded since NAFTA?

My mistake. I pasted the wrong graph. I have replaced it.

The economy doesn't run on manufacturing. Focusing on one industry as inherently good is economic folly.

Indeed, or perhaps you're making that point because you don't want to admit that we've lost millions of manufacturing jobs since NAFTA started. And maybe other industries are also important, but a huge chunk of the Middle Class relied on good paying manufacturing jobs that are now gone.

I know we have lost manufacturing jobs to other countries. It's been going on for decades. Now you explain to me what investor is going to invest into Steel manufacturing in this country to LOSE money? Congress is NOT going to subsidize these industries to keep them open.

The only thing Comrade Trump should have done was to work on getting rid of a lot of these regulations that make it impossible to manufacture in this country & be competitive in the global market. He should have kept his f'ng mouth shut about insulting the Number 2 buyer of American goods, Mexico. Next it will be Canada that he attacks.

I notice Comrade Trump hasn't gone after China, the biggest rip off of all. Why? Because he is held hostage by China, as he owns hotels there. I don't care if his kids own them now, he's still going to protect those assets. He's held hostage by several foreign countries, possibly even Russia. But you morons let him get away with not releasing any of his income tax returns, so we'll never know how many countries until someone balls up and leaks them out.
Trump's Hotels In China Could Be A Conflict For The President-Elect

Tariff's: Many economists believe that they were responsible for worsening and lengthening the GREAT DEPRESSION of the 1930;s. Turn off the Comrade Trump media news network, FOX news and LEARN something for a change by actually READING something for a change. Smoot Hawley.
Smoot–Hawley Tariff Act - Wikipedia

Tariff's start trade wars and are bad for everyone involved.

 

[Care4all]

Seems ashamed that the people who have chosen to not break the law and stay in Mexico to work hard and earn a buck, instead of illegally crossing the border for easy money here, are the ones being punished with a tax on what they produce and sell to us legally.

 

[Lakhota]

I foresee a big market for tunnel builders and helium balloons along the Mexican border.

 

[owebo]

Do you REALLY think that the CEO's of companies that bring products in from Mexico are going to absorb the costs of the tariffs? No, they're not, they will simply increase the price of their product and pass it off to the consumers (i.e. you and me).

List of products so I can open a factory here to mask them cheaper? Thanks!!

 

[Uncensored2008]

[

You will pay. Not Mexico.

You should have studied economics.

If you had, you wouldn't say such things.

You're over simplifying. This is not a two player game. I already acknowledged that NAFTA ensures this will never happen, but from a academic perspective, the blockade of Mexican goods would have very little effect on American consumers. Simply too much cheap labor competing for production facilities.

 

[owebo]

I foresee a big market for tunnel builders and helium balloons along the Mexican border.

No one disagrees you're an idiot.....

 

[Toro]

Not to toot my own horn, but I could have easily guessed that.

That's because your intelligence is above average.