Trump Again Claims Tariffs Will Result in Large Income Tax Cuts

[Marener]

They can stop things - (unless some Democrats help the RINOS)

They can't get anything moved forward.

The ability to stop things means they have leverage. It's a lot of power.

 

[Moonglow]

So, you are saying that the democratic Party will give the lower classes of the American citizenry a massive tax cut across the board. Tell us what you are going to do. Tell us. Tell us. Tell us. It is several years now since Joe started running and we heard the green scam. And all the corrupted legislation enacted from it.

The lower classes do not pay federal taxes. The rest is the usual BS you drivel.

 

[postman]

Dems are 100% reliant upon income taxes and vampire sucking workers dry to line their own pockets.

Do you remember Ronald Reagan, who wanted to build his "Star Wars" space defense shield. At a cost in the trillions of dollars.
Of course that didn't happen because Reagan tripled the national debt, and adding star wars on top of that would have bankrupted the country.

Forward to George W. Bush, who flush with Clinton budget surpluses, again proposed building "Star Wars", saying it was the most important thing to national defense. With Condoleeza Rice going to sell that point in a speech scheduled for September 11th 2001.

Oops.

Only republicans look to the taxpayer to spend trillions of dollars on military hardware more likely to start a war than prevent one.

 

[Winco]

The left cult is PANICKING big league!

Panicking in what way Sandy?

Some just cling to every word trump says as Gospel......ie Sandy
Others recognize when trump says stupid shit......

Tariffs replacing Income Tax.......do the math Sandy.

 

[Billiejeens]

The ability to stop things means they have leverage. It's a lot of power.

Listen Up.

If The Freedom Caucus is against it, then Some Democrats are most likely for it.
They can join the RINO Republicans and pass the bill.

 

[Winco]

MSN

 

[Marener]

Listen Up.

If The Freedom Caucus is against it, then Some Democrats are most likely for it.
They can join the RINO Republicans and pass the bill.

Probably not.

 

[jc456]

i sure the majority of them couldnt pay a mortgage or rent....

Occupations with the most job growth

Occupations with the most job growth

www.bls.gov

 

[kyzr]

Except the parts for the vehicles will still be imported.

Then the tariffs are based on percent of foreign content like now.

 

[kyzr]

Again
The Freedom Caucus is a small minority
With no real power.

They can stop everything until satisfied.

 

[dudmuck]

.

The left cult is PANICKING big league!


.

 

[Missourian]

If we can't make it as cheaply its just a regressive tax.

We can't make it as cheaply because we pay a first world living wage. We have first world employee protections. We have first world employee insurance.

You can't have it both ways.

I'd rather pay more so that Bubba, Laquan and Paco get a good paycheck so they can buy a home that my trucks will haul the materials that the carpenters and roofers will use to construct those homes, that Michelle and Latisha will sell, that Isabelle and Hong will process the loans for, then go across the street and buy sushi that Mi Ling makes.

Savvy?

Once it goes to China, for all intents and purposes, it's gone, and that wealth is circulating in another countries economic terrarium.

 

[Missourian]

Money that goes from the poor and middle class to the government to fund a tax break for corporations makes your statement simplistic nonsense.

If a tariffs is a regressive tax because it is passed on to the customer, a corporate tax is equally regressive, because it is equally passed on directly to the customer.

Plus, the top 40% of earners already pay 97% of all income tax...so what money is flowing from the poor? .001 percent?

 

[Zincwarrior]

If a tariffs is a regressive tax because it is passed on to the customer, a corporate tax is equally regressive, because it is equally passed on directly to the customer.

No that is a tax on the owner.

Plus, the top 40% of earners already pay 97% of all income tax...so what money is flowing from the poor? .001 percent?

Because they have 97% of all the money.

 

[Missourian]

And one can do that better.

How?

How else do you even a playing field.

Why are they making American car parts in Mexico instead of here?

Because they can pay Paco and Juan a pittance in an unsafer sweat shop and when Juan loses his hand to a hydraulic press accident...sorry... Bye Juan, good luck. Hello Pedro! We have an opening as a hydraulic press operator ! 40 pesos an hour, 16 hours a day, no overtime.

 

[Zincwarrior]

How?

How else do you even a playing field.

Why are they making American car parts in Mexico instead of here?

Because they can pay Paco and Juan a pittance in an unsafer sweat shop and when Juan loses his hand to a hydraulic press accident...sorry... Bye Juan, good luck. Hello Pedro! We have an opening as a hydraulic press operator ! 40 pesos an hour, 16 hours a day, no overtime.

You misperceive. One can negotiate treaties more carefully than the sledgehammer approach which doesn't appear to be working.

 

[Missourian]

No that is a tax on the owner.

As an owner, I give you a cast iron guarantee, that tax is worked into every contract and passed directly on to you, the customer as just another expense on the ledger sheet. Fuel, maintenance, labor, repairs, wear and tear on equipment, permits and licenses, regulation compliance, insurance and taxes.

P.S. corporate taxes are not taxes on the owner. I take a salary just like any other employee, and pay income tax on that salary just like any other employee. Corporate and business taxes are paid from profits, and are 100% passed on to the customer just like tariffs.

When you think about it for a minute, the logic will become crystal clear. An importer isn't eating the tariffs EXACTLY the same way a business isn't eating business and corporate taxes. It is treated like any other expense.

 

[Zincwarrior]

As an owner, I give you a cast iron guarantee, that tax is worked into every contract and passed directly on to you, the customer as just another expense on the ledger sheet. Fuel, maintenance, labor, repairs, wear and tear on equipment, permits and licenses, regulation compliance, insurance and taxes.

P.S. corporate taxes are not taxes on the owner. I take a salary just like any other employee, and pay income tax on that salary just like any other employee. Corporate and business taxes are paid from profits, and are 100% passed on to the customer just like tariffs.

When you think about it for a minute, the logic will become crystal clear. An importer isn't eating the tariffs EXACTLY the same way a business isn't eating business and corporate taxes. It is treated like any other expense.

Which has what to do with a Tariff?

 

[Missourian]

Because they have 97% of all the money.

Then you'll concede that your statement "money from the poor and middle class flows to the government" was misinformation.

Money from the government flows to the poor at the expense of middle class and high wage earners. It takes 87 days of labor for most of the middle class to pay just their obligations to the Federal government.

 

[Zincwarrior]

Then you'll concede that your statement "money from the poor and middle class flows to the government" was misinformation.

Nope not at all. The poor and middle class will pay a tax from tariff to the government.

Money from the government flows to the poor at the expense of middle class and high wage earners. It takes 87 days of labor for most of the middle class to pay just their obligations to the Federal government.

High wage earners like Trump avoid taxes.