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How are tarrifs supposed to be "worse" than income taxes??
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Date: November 7th, 2024 2:20 PM Author: bateful indecent public bath Tarrifs sound 180. Its just a consumption tax on foreign items. Importing certain things will cost 1000% more than what they used to cost but you can control what you buy. The very wealthy won't give a shit and middle class can just avoid it. a bunch of new domestic companies will pop up to replace the foreign stuff too. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306209) |
Date: November 7th, 2024 2:25 PM Author: bateful indecent public bath it would only be really bad for poors who dont pay any income taxes. but they should be saving their money anyway. they will be forced to live the dave ramsey lifestyle with tariffs. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306226) |
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Date: November 7th, 2024 2:30 PM Author: costumed glittery bbw "The very wealthy won't give a shit"
there's where you're wrong, bucko. that's exactly the point.
the libs are framing it as a "national sales tax" because they're trying to deceive the middle class to voting against their interest.
wealthy people pay very little in income tax. they have plenty of ways to avoid whatever capital gains they make. their wealth increases tax free. but they still need to buy shit. especially when their wealth is based on business, which requires materials from overseas.
a person with no income that has the ability (necessity) to consume a lot does not benefit from a tariff tax system over an income tax. and that's exactly why the libs (party of the elites) are frothing mad about it. |
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Date: November 7th, 2024 2:47 PM Author: Crusty at-the-ready chapel hissy fit a high-income individual has a very low consumption to income ratio. They're not going to notice tariffs like regular folk will. It's more of a mixed bag for corporations, but like inflation, they tend to have the market power to pass costs on to the consumer.
A consumption tax can potentially work well if you do it like Europe (VAT with graduated brackets). Straight up tariffs are a sledgehammer. |
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Date: November 7th, 2024 2:50 PM Author: costumed glittery bbw yes. we need a sledgehammer because the complexities built into the code are specifically designed so that the elites who have the resources and incentive to work around them can do so and pay a lower effective tax rate. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306323) |
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Date: November 7th, 2024 2:51 PM Author: jet-lagged fantasy-prone hospital If you think that tariffs are less susceptible to this then LJL (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306328) |
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Date: November 7th, 2024 2:54 PM Author: costumed glittery bbw every tax policy is going to be susciptible to some kikery. you don't think income tax is? wealth tax is 180 as a concept but the problem comes from implementation.
how is "40% from everything imported from china" any different? and before you answer with something like "they could move it through another country", just think about how easy it is to disguise capital gains as loans and the myriad of other kikery that exists. no matter what system has there is going to have to be some enforcement around ensuring people doing weasel around it somehow. |
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Date: November 7th, 2024 2:54 PM Author: Yellow address depressive You're a retard (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306347) |
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Date: November 7th, 2024 2:58 PM Author: costumed glittery bbw LtM, piv, and pumos raging about my position here has made me even more confident it is the correct one. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306363) |
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Date: November 8th, 2024 7:28 AM Author: Yellow address depressive Pay your student loans, deadbeat retard. Shitlibs won't save you now (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48309650) |
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Date: November 7th, 2024 5:41 PM Author: hateful forum A wealth tax is a stupid concept and would fuck over capital formation you mouth breathing retard. Also, it's unconstitutional. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307116) |
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Date: November 7th, 2024 5:58 PM Author: costumed glittery bbw how is a wealth tax unconstitutional? (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307214) |
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Date: November 7th, 2024 2:54 PM Author: Yellow address depressive (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306346) |
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Date: November 7th, 2024 2:55 PM Author: Crusty at-the-ready chapel hissy fit they pay a lower rate because the tax code is designed so that they pay a lower rate! Attack provisions of the code that allow them to avoid taxation. Some stupid policy from the 19th century isn't going to help. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306353) |
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Date: November 7th, 2024 3:01 PM Author: costumed glittery bbw the income tax code cannot be reformed without a fresh start. and, as a concept, it's retarded as compared to other revenue generation methods. that's why we didn't have it en mase until ww2.
would you say the consolidation of wealth has increased or decreased since we began relying in taxing workers rather than tariffs?
https://upload.wikimedia.org/wikipedia/commons/thumb/e/e0/Federal_taxes_by_type.pdf/page1-800px-Federal_taxes_by_type.pdf.jpg |
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Date: November 8th, 2024 1:24 AM Author: cheese-eating well-lubricated prole becky Greetings,
> would you say the consolidation of wealth has increased or decreased since we began relying in taxing workers rather than tariffs?
is this a trick question? the period of highest income inequality was immediately before 1913, and the institution of FIT was a direct response to this inequality
wealth inequality plummeted after the FIT was introduced, until around 1980 when (holy fuck i wonder why) wealth inequality began its upward trend |
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Date: November 8th, 2024 7:10 AM Author: Chest-beating vivacious stead why does "wealth inequality" matter at all? (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48309616) |
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Date: November 8th, 2024 10:40 AM Author: cheese-eating well-lubricated prole becky Greetings,
Well, it matters for my comment because I was responding directly to someone who was talking about wealth inequality. So maybe ask him instead? |
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Date: November 7th, 2024 2:59 PM Author: Chest-beating vivacious stead you pee sitting down and fart cum from your asshole and fuck Europe (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306369) |
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Date: November 7th, 2024 3:05 PM Author: costumed glittery bbw (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306400) |
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Date: November 7th, 2024 2:48 PM Author: Talented Trust Fund Stage cr it's essentially a VAT but with the caveat that foreigners do actually pay some of the tariffs themselves, so it's a real gain for citizens (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306319) |
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Date: November 7th, 2024 3:01 PM Author: Offensive fragrant dragon garrison "avoid whatever capital gains they make"
can you enlighten me? |
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Date: November 7th, 2024 3:04 PM Author: costumed glittery bbw i meant "avoiding being taxed on whatever capital gains they make"
well first are foremost capital gains are already taxed substantial less than income. and there are many methods by which realized capital gains can evade even paying tax. for instance, taking a loan secured by your wealth is tax free.
all you need to do is look at the tax returns of the wealthiest people and their effective tax rate. warren buffett is of the same mind as me here. jeff bezos got child care tax credits meant for poors before. |
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Date: November 7th, 2024 3:28 PM Author: Offensive fragrant dragon garrison "taking a loan secured by your wealth is tax free."
this is bananas. a loan is not a gain.
"all you need to do is look at the tax returns of the wealthiest people and their effective tax rate."
yeah, i'm a CPA. i understand cap gains/rates. there is some element of magical thinking in your original post that just doesn't exist.
its just passive income at that level. you should see what i can help people do with real estate!
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Date: November 7th, 2024 3:33 PM Author: costumed glittery bbw what is the effective difference taking a 0% interest rate loan of $100k against your holdings versus selling your holdings for $100k in cash?
look, i deal a lot with tax and finance too. of course this is unnuanced because it's for a broad audience. but if you're a CPA than obviously you know that there are many ways to avoid paying tax that the drafters of the code did not intend (or intended loopholes for grift).
do companies pay the big 4 huge sums to ensure they are scrupulously complying with the intent of tax and accounting policy, or do they do it minimize costs as much as possible? |
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Date: November 7th, 2024 3:41 PM Author: Offensive fragrant dragon garrison a 0% loan violates the AFR requirements. so that's not a thing. a loan involves the requirement to pay it back.
the best ones are ones that are strictly by the book. cost segregation analysis is fantastic. worth every penny. i personally benefited from that. its just depreciation on a silly scale. but that's hardly a loophole. the depreciation is justified only because there is a new retail store-which we do, as a society, want to encourage.
this loan-back thing is beyond silly. if you have a legitimate sneaky snake way to avoid cap gains, tell me. i have a 1031 coming up and i'd rather not.
where i have partners, we pay significant fees for accounting work. but its not secret handshakes and silly plans, just accurate, painful accounting.
now, I (me personally) do crazy shit personally, but it has nothing to do with this conversation.
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Date: November 7th, 2024 3:49 PM Author: costumed glittery bbw you're getting into semantics with the APR shit. it was a question to illustrate that a loan versus sale can often effectively been the same thing. the same goes with purchasing and leases, which is also a thorny issue when people try to skate around accounting and tax policy.
the loan versus sale thing has several more steps. again, i'm simplifying because a nuanced and accurate discussion of this would require hundreds of pages and not for an online forum audience. you must at least be aware of the concept of schemes available to avoid paying capital gains tax.
the best evidence is the tax returns of billionaires. their effective tax rate is miniscule. certainly not 20%. so how does that happen? again, my tax partners and the big 4 wouldn't be getting paid millions if the point was to pay the taxes the drafters of the code intended. |
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Date: November 7th, 2024 3:07 PM Author: Lime Tantric Shitlib Faggot Firefighter Have $100M with brokerage Borrow $30M against assets from brokerage at 3%, avoid capital gains on sale of assets Continue rolling loans against assets as assets appreciate Defer cap gains indefinitely
xoxo hth |
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Date: November 7th, 2024 3:08 PM Author: Talented Trust Fund Stage (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306414) |
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Date: November 7th, 2024 3:11 PM Author: costumed glittery bbw oh, and make sure you have an interest in the entity you're "paying interest" to hehe! (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306423) |
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Date: November 7th, 2024 3:30 PM Author: sepia plaza multi-billionaire This is how they really do it (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306527) |
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Date: November 7th, 2024 5:22 PM Author: aggressive new version (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307022) |
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Date: November 7th, 2024 3:30 PM Author: Offensive fragrant dragon garrison lolwut
do you sell rolling covered calls on penny stocks too? |
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Date: November 7th, 2024 3:34 PM Author: bateful indecent public bath How is the $30 million loan paid back. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306555) |
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Date: November 7th, 2024 3:40 PM Author: Zippy orchid corn cake pit same way tsinah's student loans are paid back (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306585) |
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Date: November 7th, 2024 5:22 PM Author: aggressive new version (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307024) |
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Date: November 7th, 2024 3:40 PM Author: Lime Tantric Shitlib Faggot Firefighter It’s generally not a slug at once, but more of a line of credit that continues to roll over
It can be repaid with dividend producing assets. You can for instance own a reit spitting out 10% and pay it down. And in this case you aren’t getting raped on taxes from the dividend income as well |
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Date: November 7th, 2024 3:36 PM Author: Cerise cerebral market wrinkle i was watching some furking kike like that bill akman fag i think and he was just openly bragging abt this shit, its so lolzy cause as a prowl i never realized it was that furking easy. its such a scam and fraud, they prob even write off the "interest" they pay the bank (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306564) |
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Date: November 7th, 2024 5:04 PM Author: shimmering lascivious rehab It's called a "margin loan" and anyone with an e-trade account can use it to free up cash without selling their stocks in less than 10 seconds. It's a few mouse clicks. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306942) |
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Date: November 7th, 2024 5:22 PM Author: aggressive new version (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307027) |
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Date: November 7th, 2024 5:45 PM Author: hateful forum You used to be able to but no longer can unless it's to set off gains you make from using the money you borrowed. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307135) |
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Date: November 7th, 2024 2:42 PM Author: Crusty at-the-ready chapel hissy fit hard to avoid paying higher prices if they are going to be as steep and broad as trump is proposing. even domestically produced goods rely on an international market of inputs. It's a regressive tax, like sales taxes. Conservatives used to rail against local sales taxes all the time as regressive (they had a point).
It's not a grand conspiracy. Tariffs are generally disfavored because they suck.
https://www.nytimes.com/2019/04/21/business/trump-tariffs-washing-machines.html |
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Date: November 7th, 2024 2:45 PM Author: costumed glittery bbw they're disfavored because they disfavor corporations because they want cheap materials and labor. this is the exact same thing as why the elites are in favor of mass immigration. they want everyone here poorer and for them to pay 100% of the tax burden because that means it cheaper to operate and they can exploit workers more, harvesting more of the profit for themselves.
it's not a sales tax because it's not only borne by consumers of the final product. libs are describing it this way because some retards like you will buy it. |
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Date: November 7th, 2024 2:48 PM Author: jet-lagged fantasy-prone hospital Tariffs aren't necessarily bad for corps at all, it's a price floor for "domestic" producers
You will see the fuckery around who counts as domestic if the tariffs actually go ahead. So all the pharm companies that book their profits in Ireland and pay no US tax but have a nexus to Delaware will still be "domestic" |
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Date: November 7th, 2024 2:51 PM Author: costumed glittery bbw it's bad for corporations whose business model is reliant on cheap goods and labor overseas. i'm referring to those, of course i don't have an issue with a corporation as a concept. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306329) |
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Date: November 7th, 2024 2:51 PM Author: Crusty at-the-ready chapel hissy fit It leads to consolidation in industries and more market power for the local producer. They pass on the added cost to the consumer. It's stupid. And you're a moron. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306332) |
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Date: November 7th, 2024 2:57 PM Author: costumed glittery bbw if the government needs $100 to function, what is the difference between extracting that from the manufacturer that is taxed a $100 in imports than the consumer who pays a $100 in income tax?
right, because globalcapitalism is great for reducing consolidation! oh, look at all the small global corporations we have! *farts cum* |
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Date: November 7th, 2024 3:03 PM Author: Talented Trust Fund Stage the problem with this kind of thinking is that the US government doesn't actually need tax revenue to function. it prints infinity monopoly money to fund everything it "does"
US tax policy is about incentivizing/dis-incentivizing consumption and demand. and some Conspiracy Theorists would also claim that it's wielded as a tool against citizens to cripple their economic independence and relegate them to helpless subjects of the state
you're right ofc about what you're saying |
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Date: November 7th, 2024 3:08 PM Author: costumed glittery bbw i disagree and think the country needs revenue to function and that there is a limit to funding operations through the printing press.
but our difference of opinion there doesn't matter. whether it's necessary to fund the government or just an incentivization mechanism, obviously taking money from income earners and not the wealthy is going to hurt the income earners. so i think we're in agreement either way. |
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Date: November 7th, 2024 3:12 PM Author: bateful indecent public bath If it *replaces* most of the income tax I dont see the problem with paying more to consume items when you need them.
Would be great for the environment too if we cut back and domesticate production of consumer items. |
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Date: November 7th, 2024 3:24 PM Author: costumed glittery bbw the environmental aspect is something the trump admin should really lean into to convince libs.
china is able to charge less in part because of horrible environmental policy and they we have to ship it all the way back here. manufacturing shit domestically ensures it conforms with the environmental policies we have here and you don't have to transport it as far. |
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Date: November 7th, 2024 3:25 PM Author: bateful indecent public bath (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306489) |
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Date: November 7th, 2024 2:48 PM Author: Cerise cerebral market wrinkle ljl there are tons of products that make no sense to manufacture in US given wage rates, and on top of that since most amerishits are on METH instead of STEM its not even viable to make higher end shit (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306320) |
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Date: November 7th, 2024 3:00 PM Author: Chest-beating vivacious stead the whole china slave labor shit needs to come to an end. it's fucked up and we just go along with it/pretend it's not a thing (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306376) |
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Date: November 7th, 2024 3:42 PM Author: Cerise cerebral market wrinkle its not a thing u furking retard (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306599) |
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Date: November 7th, 2024 4:22 PM Author: Chest-beating vivacious stead yes it is you CCP cockchugger. we're better off pulling the band aid from their bullshit and finally put in automation here, even if it means amazon garbage will be slightly more expensive for a little while (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306774) |
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Date: November 7th, 2024 2:50 PM Author: pearly property IF you subscribe they a disguised sales tax, then this is the classic tax on consumption or production debate. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306324) |
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Date: November 7th, 2024 2:52 PM Author: free-loading indian lodge just do disincentivize consumption, bro (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306336) |
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Date: November 7th, 2024 3:13 PM Author: bateful indecent public bath Whats wrong with that. There are aburd levels of consumption and it all goes into the landfill. Tariffs will strengthen the resale and repurposing markets. Cut back on chinese made amazon shit that breaks down and ends up in a landfill in 3 months. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306431) |
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Date: November 7th, 2024 3:25 PM Author: costumed glittery bbw it's amazing how amazon is basically temu now. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306490) |
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Date: November 7th, 2024 3:07 PM Author: Splenetic Contagious Sex Offender Hell one reason tariffs are stupid is because they encourage an arms race
replacing the national income tax with a VAT, while an enormous undertaking, is much easier to argue for. tariffs on the other hand are basically MAD for every country except China, which at this point could probably wall itself off from the world North Korea style and do fine |
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Date: November 7th, 2024 3:11 PM Author: bateful indecent public bath so what. american can be self sufficient. we can produce what we need and want here. what is one thing we NEED but cannot produce here? (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306421) |
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Date: November 7th, 2024 3:29 PM Author: sepia plaza multi-billionaire We’re going to eventually have to do a VAT (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306523) |
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Date: November 7th, 2024 3:32 PM Author: Talented Trust Fund Stage oh silly goy they're never going to do that no matter how necessary it becomes (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306547) |
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Date: November 8th, 2024 7:13 AM Author: aggressive new version (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48309627) |
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Date: November 7th, 2024 3:25 PM Author: bespoke bearded useless brakes Tariffs in the abstract and tariffs of a magnitude to replace an income tax are two very different things.
2023 imports were $3.8 trillion and individual and corporate income tax revenues were $2.6 trillion, so we're looking at an almost 70% tariff on everything to replace the income tax.
Does that work with those numbers? Certainly not, because if we impose a 70% tariff on imports, imports are certain to go down, so the tariffs will need to be higher. What's the tariff rate where imports reach an equilibrium where $2.6 trillion is raised? Truly no one knows |
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Date: November 7th, 2024 3:26 PM Author: Pale fat ankles boltzmann stop being smart. this is xoxo (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306499) |
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Date: November 7th, 2024 3:27 PM Author: sepia plaza multi-billionaire (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306507) |
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Date: November 7th, 2024 3:27 PM Author: costumed glittery bbw i think tariffs to replace income tax is more of an aspirational idea than anything else. of course if we just flipped them overnight it would be a disaster, even if tariffs are ultimately superior to income in the end. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306508) |
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Date: November 7th, 2024 3:37 PM Author: bespoke bearded useless brakes Tariff revenue in 2024 was $80 billion. We certainly could try to target $400 billion or whatever (I'm using a 5x increase as a bold but not bonkers starting point), target a corresponding reduction in income taxes, see what happens, and make progressive changes if it's working. That requires a lot of discipline and legislative continuity to follow through, though (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306575) |
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Date: November 7th, 2024 3:40 PM Author: costumed glittery bbw every major policy requires discipline and legislative continuity. unless you want to just keep the status quo that's necessary. of course there's going to be swings based on new administrations. but hey, that's just the price of democracy over autocracy. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306587) |
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Date: November 7th, 2024 5:08 PM Author: shimmering lascivious rehab "corporate income tax revenues were $2.6 trillion"
maybe the government needs to learn to get by with less than $1 trillion |
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Date: November 7th, 2024 6:39 PM Author: bespoke bearded useless brakes Could just cut income taxes, then. No need to monkey around with tariffs (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307339) |
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Date: November 7th, 2024 5:23 PM Author: aggressive new version (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307032) |
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Date: November 7th, 2024 3:26 PM Author: sepia plaza multi-billionaire (Guy who doesn’t buy things) (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306497) |
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Date: November 7th, 2024 3:33 PM Author: bateful indecent public bath Correct. My family consumes little. Old car (just one). Push reel for cutting grass. Not a lot of "devices." I have a laptop, wife has one, we both have phones, and that's it. Biggest expense beyond the mortgage is food because we buy healthy food and cook our own meals and will buy from farmers and other sources to make sure it is healthy. Food prices can increase, that's fine. We already pay higher prices for that to get local rather than meat imported from Mongolia.
Tariffs sound 180. |
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Date: November 7th, 2024 7:31 PM Author: angry purple hominid Yeah I don't really need to buy anything. Certainly not anything that can't come from here. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307622) |
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Date: November 7th, 2024 3:27 PM Author: sepia plaza multi-billionaire Lmfao at XO posters genuinely arguing tariffs are great.
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Date: November 7th, 2024 3:28 PM Author: costumed glittery bbw lmfao as "based trumpmos!" coming here and arguing that his flagship fucking policy is terrible.
longtime trumpmo here, but i think the thing he's been advocating for his entire political career is retarded! |
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Date: November 7th, 2024 3:34 PM Author: sepia plaza multi-billionaire It is. He’s also retarded. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306556) |
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Date: November 7th, 2024 3:35 PM Author: costumed glittery bbw why didn't the biden admin remove trump's tariffs? (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306561) |
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Date: November 7th, 2024 5:23 PM Author: aggressive new version (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307036) |
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Date: November 7th, 2024 5:24 PM Author: aggressive new version (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307038) |
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Date: November 7th, 2024 3:35 PM Author: bateful indecent public bath Lol at shitlibs arguing Income Taxes are great. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306558) |
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Date: November 7th, 2024 3:37 PM Author: costumed glittery bbw also easier as a concept.
just have every fucking person in the country file a return and interpret an extremely dense tax code and scrupulously account for every dollar they make and spend. much simpler than just charging a tariff on imports. |
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Date: November 7th, 2024 3:45 PM Author: sepia plaza multi-billionaire 53 percent don’t pay after rebates (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306606) |
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Date: November 7th, 2024 3:46 PM Author: bateful indecent public bath Great, they can pay through tarrifs. Tired of subsidizing them. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306611) |
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Date: November 8th, 2024 10:39 AM Author: cheese-eating well-lubricated prole becky Greetings,
If there aren't jobs for those 53% that pay enough that they'll not pay 0 in tax, is that really their fault? Should they all start small businesses that mostly end in bankruptcy proceedings, and if they succeed, they enable their owners to pay less tax than they would as a wagecuck?
If they get paid so little, aren't /they/ subsidizing /your/ lifestyle? I don't see much difference between that and Wal-Mart's employees being on welfare. Taxpayers subsidizing the Walton family's bankroll. |
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Date: November 7th, 2024 4:30 PM Author: light rough-skinned therapy But we still have to file a return and live under the fear of having the government seize our accounts because we made a mistake (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306810) |
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Date: November 7th, 2024 3:30 PM Author: Wonderful Native tariffs increase the price of goods to the price of the domestic equivalent if the product is viable to make in the usa, you get more usa jobs and the already established hourly rate it took to make them before more jobs = more taxes collected = likely higher wages = less unemployment but = higher prices because you don't get china goods using slave wages |
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Date: November 7th, 2024 3:35 PM Author: bateful indecent public bath Everything worth having is viable to make in the USA. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306563) |
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Date: November 7th, 2024 3:37 PM Author: Cerise cerebral market wrinkle barely anything is viable to make in the US dumbass, u are talking very high end shit given the wage rates. the idea u are gonna make nearly anything sold in a target or walmart is laughable, even TV's and shit it makes no sense when u can make them in mexico. and if u tariff shit then u just become north korea or cuba eventualy cause ull end up with old 2nd rate shit instead of the best. its already happening with BYD selling almost everywhere now EXCEPT the US, they have the best EV's by far (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306574) |
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Date: November 7th, 2024 3:39 PM Author: Talented Trust Fund Stage US share of global manufacturing is like 20% you fuckin turd retard
jfc use google.com |
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Date: November 7th, 2024 3:45 PM Author: Cerise cerebral market wrinkle I see 15.9% nigga and stuff like Boeing planes, autos, and refined petro are prob most of that. oh and then weapons
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Date: November 7th, 2024 3:41 PM Author: costumed glittery bbw we used to make everything here. why is buying all of our trinkets from china inevitable when 50 years ago we made them here? (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306592) |
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Date: November 7th, 2024 3:46 PM Author: Cerise cerebral market wrinkle cause the economies of scale changed faggot, wages were lower back then and the world was in a diff stage, now china and lots of asia can manufacturer better for cheaper
its same as in late 1800's US was like china now and dominated manufacturing which it stole from europe
idiots dont realize countries rise and fall, theres no black and white and things dont remain the same for long. that shld be obvious |
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Date: November 8th, 2024 10:52 AM Author: costumed glittery bbw if we're falling i'd rather do something to address it than shrug and say "well i guess that's just the nature of things" (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48310304) |
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Date: November 7th, 2024 4:37 PM Author: bateful indecent public bath of course it can be again. there just needs to be the incentive. it was once before when america was a great country, before it imported tens of millions of gross shitty people like your parents. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306828) |
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Date: November 7th, 2024 5:26 PM Author: aggressive new version the COL is too high in USA compared to rest of world now to sustain employment domestically for quality production - whats next campaign promise we subsidize existnece for the workers and pretend its not a full on feudalistic slavery (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307046) |
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Date: November 7th, 2024 5:32 PM Author: Talented Trust Fund Stage pretty much yeah lmao (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307070) |
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Date: November 7th, 2024 5:33 PM Author: aggressive new version jfc (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307074) |
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Date: November 7th, 2024 5:34 PM Author: Talented Trust Fund Stage that's what most human beings want anyway
almost nobody wants "freedom" they just want to be slaves who are taken care of, without feeling like they're slaves because then they'd feel bad about their situation |
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Date: November 7th, 2024 5:36 PM Author: aggressive new version cr why do you think im up 21 hrs a day onboarding all my shit to AI and automating it asap
have you ever read die sheeple die? |
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Date: November 7th, 2024 6:38 PM Author: bespoke bearded useless brakes I assume the endgame involves company towns, wages paid in company scrip, etc.
Repeal the FLSA and NRLA, get rid of OSHA, make breaching employment contracts a felony, etc.
When people say it's not possible to bring manufacturing back at a cost that makes sense, they're not using their imaginations |
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Date: November 7th, 2024 6:39 PM Author: aggressive new version (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307337) |
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Date: November 8th, 2024 10:42 AM Author: jet-lagged fantasy-prone hospital This would be 180 Angels | funders | founders finally getting their fair share |
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Date: November 8th, 2024 10:45 AM Author: electric wagecucks mediation Yowza and terrifying (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48310260) |
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Date: November 7th, 2024 7:08 PM Author: sepia plaza multi-billionaire (sealclubber) (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307455) |
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Date: November 8th, 2024 1:02 AM Author: Wonderful Native (faggot) (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48308955) |
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Date: November 7th, 2024 4:56 PM Author: ocher boiling water Most imported goods, at least by value, are intermediate goods in a supply chain, not the final product sold to end users. The manufacturing we do in the U.S. has a huge foreign component. Companies and supply chains are all setup this way. We may end up with such prohibitively expensive supply chains that it makes sense to start manufacturing some of these items domestically, but it’s going to take a long time and huge tariffs for it to get to that point because Americans make so much more than foreign labor in these countries. And other countries we export this stuff to will also slap tariffs on our goods. So it’s going to be hugely disruptive for a while, though probably accretive to blue collar workers. It will be a huge net negative to the upper middle class because we are paid based on maximizing capital allocation. That will go away some if blue collar labor becomes so important again. (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306907) |
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Date: November 8th, 2024 10:46 AM Author: jet-lagged fantasy-prone hospital (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48310263) |
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Date: November 8th, 2024 10:47 AM Author: electric wagecucks mediation (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48310272) |
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Date: November 8th, 2024 10:50 AM Author: electric wagecucks mediation I am not some great economist myself but I am literate enough in the science to be familiar with the basics and what this man states has been the heterodox wisdom in the field for decades now For people still sincerely clinging to the potentially disastrous idea of reintroducing the Tariff: there are ways to be economically protectionist that don't involve things that would actually cripple our more advanced mfg capacities and potentially spark off a trade war leading to a serious economic depression |
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Date: November 8th, 2024 10:54 AM Author: Smoky Preventive Strike Brethren *briefcase full warhammer 40k figurines explodes* (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48310314) |
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Date: November 7th, 2024 10:42 PM Author: boyish red tanning salon (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48308544) |
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Date: November 8th, 2024 1:04 AM Author: deep orange persian theater stage They are antisemitic (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48308956) |
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Date: November 8th, 2024 1:10 AM Author: electric wagecucks mediation Tariffs disproportionately favor the wealthy of a nation The actual costs of these policies will, as usual, be passed on to the consumer |
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Date: November 8th, 2024 1:16 AM Author: Wonderful Native horseshit (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48308985) |
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Date: November 8th, 2024 1:23 AM Author: electric wagecucks mediation Actually think about how goods get from point A to point B (your local store shelves) and this is not a particularly controversial take This said it seems he's just doing this to be Tough on Trade and that's fine. As leverage it's acceptable |
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Date: November 8th, 2024 7:16 AM Author: Useless juggernaut national I'm sure it's very elegant math but TBH economists have spent the last 40 years telling us globalization is all benefits, no trade-offs and I think they've kind of burned through credibility on this issue (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48309634) |
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Date: November 8th, 2024 7:21 AM Author: electric wagecucks mediation Context is this thread https://www.xoxohth.com/thread.php?thread_id=5629929&mc=50&forum_id=2 Globalization's benefits are mixed at best and there's some good and some bad but regardless I am not a supporter of tariffs at all. I also don't really think he's being sincere and is just using it as political gamesmanship but there are better ways to deal with the fallout from NAFTA type globalization and to rebuild our domestic mfg capacities that don't involve the tariff also re: linking the US into the human centipede of the globalized economy---it's already done; the ships are burned, the djinn is out of the bottle. Agitating trade partners already in our economic sphere of influence is not the way to bring production---much of which, if you use something like American auto production as an example---there is just not much organic demand for atm. There is a lot that would need to be built up and laid out in advance to stimulate demand for domestically produced products in several industries and fwiw I think that is completely do-able but that's something that would take several administrations to do and is the sort of thing you'd have to have either one party or a bipartisan committee write up and propose to the public. It is unfortunate but it takes much longer to bring that capacity back home in a way that's economically viable than it did to sell it off and send it overseas |
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Date: November 8th, 2024 7:26 AM Author: Chocolate laughsome people who are hurt protectionism is the nuclear option to save the American industrial/manufacturing base, and Trump is going to deploy "tactical nukes" to make the rust belt great again- at the expense of free trade and global capitalism (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48309649) |
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Date: November 8th, 2024 7:38 AM Author: hairraiser fluffy whorehouse halford How do you think other countries will respond? They'll identify some politically important us constituency (eg corn farmers) and squeeze their exports until they squeal
I'm hoping trump really will just use them as a negotiating tactic |
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Date: November 8th, 2024 7:52 AM Author: Useless juggernaut national "Oh yeah well teach you - we'll stop eating food!" That'll play well for those guys.
The US has the incredible advantage of being blessed with uncountable reserves of absolutely every resource that people actually need. we're playing with a stacked deck |
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Date: November 8th, 2024 7:53 AM Author: Chocolate laughsome people who are hurt u got that right: they need US, more than we need them-- Trump will be sure to leverage that to the hilt (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48309706) |
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Date: November 8th, 2024 10:43 AM Author: Smoky Preventive Strike Brethren We get really important stuff that's essential to daily life from china like plastic cocks, action figures, fentanyl, and chinese people and it will all become prohibitively expensive and collapse the economy overnight (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48310255) |
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Date: November 8th, 2024 10:48 AM Author: Honey-headed aromatic business firm Hopefully Trump does this for luxury items at a higher rate. Faggo euro luxury goods should be at a 50% tax (http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48310278) |