Trump wants to eliminate income tax, but replace it with tariffs on imported goods.

[MagicMike]

no he didnt,, the house controls the money not POTUS,,

It's funny how when a Dem is in office then EVERYTHING is his fault....from fuel prices to the way foreign governments conduct themselves.
Yet when a Republican, or even an incompetent jackass like convicted felon, ex-president Trump who is only really in it for himself is in office.....
different story from the howling whiners on the right.

and being illegal immigrations costs over 100 billion stopping it would be the same as them paying for it,,

Oh BULLSHIT!
That is not how convicted felon, ex-president Trump pitched his ridiculous "wall" and you KNOW it!
You'll swallow pretty much anything won't you?

 

[progressive hunter]

It's funny how when a Dem is in office then EVERYTHING is his fault....from fuel prices to the way foreign governments conduct themselves.
Yet when a Republican, or even an incompetent jackass like convicted felon, ex-president Trump who is only really in it for himself is in office.....
different story from the howling whiners on the right.

Oh BULLSHIT!
That is not how convicted felon, ex-president Trump pitched his ridiculous "wall" and you KNOW it!
You'll swallow pretty much anything won't you?

How much do illegal immigrants cost the U.S.?

The U.S. sees $150.7 billion yearly cost from illegal immigration, with policy shifts increasing taxpayer burden.

www.newsweek.com

 

[MagicMike]

no he didnt,, the house controls the money not POTUS,,

It's funny how when a Dem is in office then EVERYTHING is his fault....from fuel prices to the way foreign governments conduct themselves.
Yet when a Republican, or even an incompetent jackass like convicted felon, ex-president Trump who is only really in it for himself is in office.....
different story from the howling whiners on the right.

and being illegal immigrations costs over 100 billion stopping it would be the same as them paying for it,,

Oh BULLSHIT!
That is not how convicted felon, ex-president Trump pitched his ridiculous "wall" and you KNOW it!
You'll swallow pretty much anything won't you?

 

[YoursTruly]

So, your response is "stop buying stuff"... the whole point here is that sales tax is worse for poor people. Telling a poor person they can't buy as much because the government is making them pay more, and the rich pay less is.... well... it's the point being made that it's unfair and ridiculous.

Trump made the argument for getting rid of income tax. That's what we're talking here. Doesn't matter whether you think it's not going to happen or not. It's not really the topic.

People believe liars. That's the point. Look how popular Trump is, the more he says stupid shit that's so obviously a lie, the more they love him. The more he insults them, the more they love him.

My point is to not buy stuff that's on the list of higher tariffs. Not all countries imports would be on the list. Not everything that would be imported is on the list.

It is the topic, because Trumps a leftist lying politician. That's all he does is lie.

And you carrying on about this lie, equates to him owning you. Actually discussing something that could never happen in a million years.

 

[struth]

It's funny how when a Dem is in office then EVERYTHING is his fault....from fuel prices to the way foreign governments conduct themselves.
Yet when a Republican, or even an incompetent jackass like convicted felon, ex-president Trump who is only really in it for himself is in office.....
different story from the howling whiners on the right.

Oh BULLSHIT!
That is not how convicted felon, ex-president Trump pitched his ridiculous "wall" and you KNOW it!
You'll swallow pretty much anything won't you?

Pretty sure you dembots blamed everything on trump, including a virus! Haha

The reality is the economy was better under trump, foreign govts weren’t openly spying on us, the border was far better shape, Russia wasn’t invading ukraine, and there were peace agreements in the Middle East not terrorist invading Israel

 

[YoursTruly]

Pretty sure you dembots blamed everything on trump, including a virus! Haha

I don't blame the virus on Trump. But he did fund the lab where it came from.
Mostly I blame Trump for that hundreds of billions he spent on a flu shot.
Then saying he saved 10's of millions of lives with it.

 

[pknopp]

What solutions have been proposed by the Biden cabal?

I'm not trying to argue they are or thar they will do anything good.

 

[lennypartiv]

Yeah, how's that wall working out?

If at first you don't succeed, try try again.

 

[frigidweirdo]

My point is to not buy stuff that's on the list of higher tariffs. Not all countries imports would be on the list. Not everything that would be imported is on the list.

It is the topic, because Trumps a leftist lying politician. That's all he does is lie.

And you carrying on about this lie, equates to him owning you. Actually discussing something that could never happen in a million years.

Whatever

 

[22lcidw]

It's funny how when a Dem is in office then EVERYTHING is his fault....from fuel prices to the way foreign governments conduct themselves.
Yet when a Republican, or even an incompetent jackass like convicted felon, ex-president Trump who is only really in it for himself is in office.....
different story from the howling whiners on the right.

Oh BULLSHIT!
That is not how convicted felon, ex-president Trump pitched his ridiculous "wall" and you KNOW it!
You'll swallow pretty much anything won't you?

Convicted from ghetto. From low IQ. From nothing that has made advancement in human history. I type like you do.

 

[Skylar]

I am not sure about this specific proposal, but the left still thinks that cutting taxes decreases tax revenue in the long term, so I don't put much weight into their economic opinions.

Or the CBO.

"According to the latest report by the nonpartisan Congressional Budget Office (CBO), extending the Trump tax cuts for the next 10 years—as Republicans have proposed—would add $4.6 trillion to the deficit."

 

[Skylar]

Are we?

Who told you that?

The results of the Hawley-Smoot tarrif act of 1930, and the total revenue generated from the income tax being about 85% of the total import market. Putting an increase on all imported goods at roughly double or so. Even Forbes is highly skeptical.

And producing a wildly unstable tax base that is inherently self defeating. As imported goods suddenly cost more, people shift to domestic suppliers. Cutting tariff revenue. To break even, you have to increase the tariff rates, increasing imported goods again, crashing the import market again.

Rinse, Repeat. Its a downward spiral

 

[Skylar]

So? It's real simple then. Bring back manufacturing and heavy industry to this country.

Sounds great. You have two problems if you use tariffs to do it.

First, you'd toast your domestic manufacturing's export market with tariffs. Any tariff we levy, they'll levy. Making the price of our manufactured goods overseas double if we lay a 100% tariff. They could only sell domestically, which would severly hamper trade and damage about 1 in 3 full time jobs in the US.

Second, if you're successful in bringing back manufacturing and heavy industry to this country, providing domestic alternatives to import products......then you destroy your tax base under Trump's tariff proposal. With a diminished import market, there's less tariff revenue.

The more successful you are at focusing manufacturing domestically, the less tariff revenue you receive from diminished imports.

So Trump's tax proposal would be wildly unstable, damage about 1 in 3 full time jobs, and ultimately fail as a replacement for the income tax.

 

[Skylar]

Thats illogical

The products we import from communist china must be paid for

Buying them on credit is insustainable

The products we import are from all over. Our number one trading partner is Canada. Followed by China. Followed by Mexico. They jockey for the top slot.

Plus, there's oil. Timber. Cobalt. Iphones. Avocados. Cars. All sorts of shit.

And we're not buying goods from China 'on credit'. I don't think you get how trade works. We buy more from China than they buy from us. Emphasis on the buy.

 

[Mac-7]

I don't blame the virus on Trump. But he did fund the lab where it came from.
Mostly I blame Trump for that hundreds of billions he spent on a flu shot.
Then saying he saved 10's of millions of lives with it.

Trump didnt fund the wuflu lab

He had nothing to do with that

If thats why you hate trump then think again

 

[Mac-7]

The results of the Hawley-Smoot tarrif act of 1930, and the total revenue generated from the income tax being about 85% of the total import market. Putting an increase on all imported goods at roughly double or so. Even Forbes is highly skeptical.

And producing a wildly unstable tax base that is inherently self defeating. As imported goods suddenly cost more, people shift to domestic suppliers. Cutting tariff revenue. To break even, you have to increase the tariff rates, increasing imported goods again, crashing the import market again.

Rinse, Repeat. Its a downward spiral

Replacing the income tax has not been proposed by trump

But higher tariffs would generate revenue for the Treasury

So taxes should be reduced somewhat

 

[Mac-7]

First, you'd toast your domestic manufacturing's export market with tariffs.

The higher tariffs should be applied primarily to communist china but not to products made by our allies

We only export around $200 bil to china, mostly food and raw material, while importing almost $700 billion

So we win any tariff battle with Peking

 

[YoursTruly]

Trump didnt fund the wuflu lab

He had nothing to do with that

If thats why you hate trump then think again

BS, it was part of the funded during his first $1.4 omnibus bill. The funding didn't stop until 2020. It wasn't stopped until AFTER the outbreak. FFS, Trump didn't read the spending bills anymore than most congressmen did. He simply signed them.

In 2019, its project was renewed for another five years,

 

[Mac-7]

BS, it was part of the funded during his first $1.4 omnibus bill. The funding didn't stop until 2020. It wasn't stopped until AFTER the outbreak. FFS, Trump didn't read the spending bills anymore than most congressmen did. He simply signed them.

In 2019, its project was renewed for another five years,

A 1.4 trillion dollar spending bill with thousands of line items

Maybe ten thousand

Also I seriously doubt that the Wufu lab was mentioned by name or if anyone other than Dr Fauci knew what it was anyway before the pandemic happened

 

[YoursTruly]

A 1.4 trillion dollar spending bill with thousands of line items

Maybe ten thousand

Also I seriously doubt that the Wufu lab was mentioned by name or if anyone other than Dr Fauci knew what it was anyway before the pandemic happened

You doubt? LOL.. That's about the most lame spin I've ever seen. Wuhan was funded with Trump signing the damn bill. If he didn't check to see what he was signing, who's fault is it? Who's lame ass excuse is it?
Especially when Trump only vetoed one spending bill. All the rest, he didn't even bother to read. Including all those spending bills that included all that money to went to corrupt organizations. With no checks or balances put into the bill.

But what did Trump care? He didn't It wasn't his money he was spending. It wasn't his debt and deficit he was wracking up for this and future generations.

Dude, you need to fuck the fuck off with your support for this life long, con artist of a democrat. He's drug you so far left of center, he could sell blue MAGA hats and you'd still not get it.