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How are tarrifs supposed to be "worse" than income taxes??

Tarrifs sound 180. Its just a consumption tax on foreign ite...
aphrodisiac doobsian filthpig forum
  11/07/24
it would only be really bad for poors who dont pay any incom...
aphrodisiac doobsian filthpig forum
  11/07/24
"The very wealthy won't give a shit" there's wh...
bull headed location hairy legs
  11/07/24
a high-income individual has a very low consumption to incom...
Kink-friendly gunner
  11/07/24
yes. we need a sledgehammer because the complexities built i...
bull headed location hairy legs
  11/07/24
If you think that tariffs are less susceptible to this then ...
Ivory Learning Disabled Organic Girlfriend Rehab
  11/07/24
every tax policy is going to be susciptible to some kikery. ...
bull headed location hairy legs
  11/07/24
You're a retard
cheese-eating stimulating locus
  11/07/24
LtM, piv, and pumos raging about my position here has made m...
bull headed location hairy legs
  11/07/24
Pay your student loans, deadbeat retard. Shitlibs won't save...
cheese-eating stimulating locus
  11/08/24
A wealth tax is a stupid concept and would fuck over capital...
thriller frisky stead party of the first part
  11/07/24
how is a wealth tax unconstitutional?
bull headed location hairy legs
  11/07/24
...
cheese-eating stimulating locus
  11/07/24
they pay a lower rate because the tax code is designed so th...
Kink-friendly gunner
  11/07/24
the income tax code cannot be reformed without a fresh start...
bull headed location hairy legs
  11/07/24
Greetings, > would you say the consolidation of wealth...
swashbuckling plaza associate
  11/08/24
why does "wealth inequality" matter at all?
tan startling state
  11/08/24
Greetings, Well, it matters for my comment because I was ...
swashbuckling plaza associate
  11/08/24
you pee sitting down and fart cum from your asshole and fuck...
tan startling state
  11/07/24
...
bull headed location hairy legs
  11/07/24
cr it's essentially a VAT but with the caveat that foreigner...
Soul-stirring Out-of-control Space
  11/07/24
"avoid whatever capital gains they make" can yo...
Irradiated Public Bath Dysfunction
  11/07/24
i meant "avoiding being taxed on whatever capital gains...
bull headed location hairy legs
  11/07/24
"taking a loan secured by your wealth is tax free."...
Irradiated Public Bath Dysfunction
  11/07/24
what is the effective difference taking a 0% interest rate l...
bull headed location hairy legs
  11/07/24
a 0% loan violates the AFR requirements. so that's not a thi...
Irradiated Public Bath Dysfunction
  11/07/24
you're getting into semantics with the APR shit. it was a qu...
bull headed location hairy legs
  11/07/24
Have $100M with brokerage Borrow $30M against assets from ...
light address
  11/07/24
...
Soul-stirring Out-of-control Space
  11/07/24
oh, and make sure you have an interest in the entity you're ...
bull headed location hairy legs
  11/07/24
This is how they really do it
Judgmental lascivious famous landscape painting stage
  11/07/24
...
Excitant geriatric corner factory reset button
  11/07/24
lolwut do you sell rolling covered calls on penny stocks ...
Irradiated Public Bath Dysfunction
  11/07/24
How is the $30 million loan paid back.
aphrodisiac doobsian filthpig forum
  11/07/24
same way tsinah's student loans are paid back
Adulterous Stag Film Skinny Woman
  11/07/24
...
Excitant geriatric corner factory reset button
  11/07/24
It’s generally not a slug at once, but more of a line ...
light address
  11/07/24
i was watching some furking kike like that bill akman fag i ...
comical internal respiration
  11/07/24
It's called a "margin loan" and anyone with an e-t...
cracking telephone
  11/07/24
...
Excitant geriatric corner factory reset button
  11/07/24
You used to be able to but no longer can unless it's to set ...
thriller frisky stead party of the first part
  11/07/24
hard to avoid paying higher prices if they are going to be a...
Kink-friendly gunner
  11/07/24
they're disfavored because they disfavor corporations becaus...
bull headed location hairy legs
  11/07/24
Tariffs aren't necessarily bad for corps at all, it's a pric...
Ivory Learning Disabled Organic Girlfriend Rehab
  11/07/24
it's bad for corporations whose business model is reliant on...
bull headed location hairy legs
  11/07/24
It leads to consolidation in industries and more market powe...
Kink-friendly gunner
  11/07/24
if the government needs $100 to function, what is the differ...
bull headed location hairy legs
  11/07/24
the problem with this kind of thinking is that the US govern...
Soul-stirring Out-of-control Space
  11/07/24
i disagree and think the country needs revenue to function a...
bull headed location hairy legs
  11/07/24
If it *replaces* most of the income tax I dont see the probl...
aphrodisiac doobsian filthpig forum
  11/07/24
the environmental aspect is something the trump admin should...
bull headed location hairy legs
  11/07/24
...
aphrodisiac doobsian filthpig forum
  11/07/24
ljl there are tons of products that make no sense to manufac...
comical internal respiration
  11/07/24
the whole china slave labor shit needs to come to an end. it...
tan startling state
  11/07/24
its not a thing u furking retard
comical internal respiration
  11/07/24
yes it is you CCP cockchugger. we're better off pulling the...
tan startling state
  11/07/24
IF you subscribe they a disguised sales tax, then this is th...
Vibrant cordovan brunch psychic
  11/07/24
just do disincentivize consumption, bro
opaque erotic institution shitlib
  11/07/24
Whats wrong with that. There are aburd levels of consumption...
aphrodisiac doobsian filthpig forum
  11/07/24
it's amazing how amazon is basically temu now.
bull headed location hairy legs
  11/07/24
one reason tariffs are stupid is because they encourage an a...
Anal hyperventilating karate locale
  11/07/24
so what. american can be self sufficient. we can produce wha...
aphrodisiac doobsian filthpig forum
  11/07/24
We’re going to eventually have to do a VAT
Judgmental lascivious famous landscape painting stage
  11/07/24
oh silly goy they're never going to do that no matter how ne...
Soul-stirring Out-of-control Space
  11/07/24
...
Excitant geriatric corner factory reset button
  11/08/24
Tariffs in the abstract and tariffs of a magnitude to replac...
Translucent toilet seat boltzmann
  11/07/24
stop being smart. this is xoxo
Charismatic Garnet Love Of Her Life Weed Whacker
  11/07/24
...
Judgmental lascivious famous landscape painting stage
  11/07/24
i think tariffs to replace income tax is more of an aspirati...
bull headed location hairy legs
  11/07/24
Tariff revenue in 2024 was $80 billion. We certainly could ...
Translucent toilet seat boltzmann
  11/07/24
every major policy requires discipline and legislative conti...
bull headed location hairy legs
  11/07/24
"corporate income tax revenues were $2.6 trillion"...
cracking telephone
  11/07/24
Could just cut income taxes, then. No need to monkey around...
Translucent toilet seat boltzmann
  11/07/24
...
Excitant geriatric corner factory reset button
  11/07/24
(Guy who doesn’t buy things)
Judgmental lascivious famous landscape painting stage
  11/07/24
Correct. My family consumes little. Old car (just one). Push...
aphrodisiac doobsian filthpig forum
  11/07/24
Yeah I don't really need to buy anything. Certainly not anyt...
insecure national security agency pozpig
  11/07/24
Lmfao at XO posters genuinely arguing tariffs are great.
Judgmental lascivious famous landscape painting stage
  11/07/24
lmfao as "based trumpmos!" coming here and arguing...
bull headed location hairy legs
  11/07/24
It is. He’s also retarded.
Judgmental lascivious famous landscape painting stage
  11/07/24
why didn't the biden admin remove trump's tariffs?
bull headed location hairy legs
  11/07/24
...
Excitant geriatric corner factory reset button
  11/07/24
...
Excitant geriatric corner factory reset button
  11/07/24
Lol at shitlibs arguing Income Taxes are great.
aphrodisiac doobsian filthpig forum
  11/07/24
also easier as a concept. just have every fucking person ...
bull headed location hairy legs
  11/07/24
53 percent don’t pay after rebates
Judgmental lascivious famous landscape painting stage
  11/07/24
Great, they can pay through tarrifs. Tired of subsidizing th...
aphrodisiac doobsian filthpig forum
  11/07/24
Greetings, If there aren't jobs for those 53% that pay en...
swashbuckling plaza associate
  11/08/24
But we still have to file a return and live under the fear o...
filthy smoky school
  11/07/24
tariffs increase the price of goods to the price of the dome...
Racy lake heaven
  11/07/24
Everything worth having is viable to make in the USA.
aphrodisiac doobsian filthpig forum
  11/07/24
barely anything is viable to make in the US dumbass, u are t...
comical internal respiration
  11/07/24
US share of global manufacturing is like 20% you fuckin turd...
Soul-stirring Out-of-control Space
  11/07/24
I see 15.9% nigga and stuff like Boeing planes, autos, and r...
comical internal respiration
  11/07/24
we used to make everything here. why is buying all of our tr...
bull headed location hairy legs
  11/07/24
cause the economies of scale changed faggot, wages were lowe...
comical internal respiration
  11/07/24
if we're falling i'd rather do something to address it than ...
bull headed location hairy legs
  11/08/24
of course it can be again. there just needs to be the incent...
aphrodisiac doobsian filthpig forum
  11/07/24
the COL is too high in USA compared to rest of world now to ...
Excitant geriatric corner factory reset button
  11/07/24
pretty much yeah lmao
Soul-stirring Out-of-control Space
  11/07/24
jfc
Excitant geriatric corner factory reset button
  11/07/24
that's what most human beings want anyway almost nobody w...
Soul-stirring Out-of-control Space
  11/07/24
cr why do you think im up 21 hrs a day onboarding all my shi...
Excitant geriatric corner factory reset button
  11/07/24
I assume the endgame involves company towns, wages paid in c...
Translucent toilet seat boltzmann
  11/07/24
...
Excitant geriatric corner factory reset button
  11/07/24
This would be 180 Angels | funders | founders finally getti...
Ivory Learning Disabled Organic Girlfriend Rehab
  11/08/24
Yowza and terrifying
Alcoholic lodge
  11/08/24
(sealclubber)
Judgmental lascivious famous landscape painting stage
  11/07/24
(faggot)
Racy lake heaven
  11/08/24
Most imported goods, at least by value, are intermediate goo...
Wonderful drunken menage
  11/07/24
...
Ivory Learning Disabled Organic Girlfriend Rehab
  11/08/24
...
Alcoholic lodge
  11/08/24
I am not some great economist myself but I am literate enoug...
Alcoholic lodge
  11/08/24
*briefcase full warhammer 40k figurines explodes*
Aromatic Apoplectic Rigpig
  11/08/24
...
tantric bateful area fanboi
  11/07/24
They are antisemitic
fragrant copper double fault casino
  11/08/24
Tariffs disproportionately favor the wealthy of a nation Th...
Alcoholic lodge
  11/08/24
horseshit
Racy lake heaven
  11/08/24
Actually think about how goods get from point A to point B (...
Alcoholic lodge
  11/08/24
I'm sure it's very elegant math but TBH economists have spen...
Lavender hideous gaming laptop useless brakes
  11/08/24
Context is this thread https://www.xoxohth.com/thread.php?th...
Alcoholic lodge
  11/08/24
protectionism is the nuclear option to save the American ind...
slap-happy mildly autistic spot fat ankles
  11/08/24
How do you think other countries will respond? They'll ident...
Ebony seedy coffee pot native
  11/08/24
"Oh yeah well teach you - we'll stop eating food!"...
Lavender hideous gaming laptop useless brakes
  11/08/24
u got that right: they need US, more than we need them-- Tru...
slap-happy mildly autistic spot fat ankles
  11/08/24
We get really important stuff that's essential to daily life...
Aromatic Apoplectic Rigpig
  11/08/24
Hopefully Trump does this for luxury items at a higher rate....
carnelian abnormal pit fortuitous meteor
  11/08/24


Poast new message in this thread



Reply Favorite

Date: November 7th, 2024 2:20 PM
Author: aphrodisiac doobsian filthpig forum

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)



Reply Favorite

Date: November 7th, 2024 2:25 PM
Author: aphrodisiac doobsian filthpig forum

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)



Reply Favorite

Date: November 7th, 2024 2:30 PM
Author: bull headed location hairy legs

"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.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306247)



Reply Favorite

Date: November 7th, 2024 2:47 PM
Author: Kink-friendly gunner

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.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306313)



Reply Favorite

Date: November 7th, 2024 2:50 PM
Author: bull headed location hairy legs

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)



Reply Favorite

Date: November 7th, 2024 2:51 PM
Author: Ivory Learning Disabled Organic Girlfriend Rehab

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)



Reply Favorite

Date: November 7th, 2024 2:54 PM
Author: bull headed location hairy legs

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.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306343)



Reply Favorite

Date: November 7th, 2024 2:54 PM
Author: cheese-eating stimulating locus

You're a retard

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306347)



Reply Favorite

Date: November 7th, 2024 2:58 PM
Author: bull headed location hairy legs

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)



Reply Favorite

Date: November 8th, 2024 7:28 AM
Author: cheese-eating stimulating locus

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)



Reply Favorite

Date: November 7th, 2024 5:41 PM
Author: thriller frisky stead party of the first part

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)



Reply Favorite

Date: November 7th, 2024 5:58 PM
Author: bull headed location hairy legs

how is a wealth tax unconstitutional?

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307214)



Reply Favorite

Date: November 7th, 2024 2:54 PM
Author: cheese-eating stimulating locus



(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306346)



Reply Favorite

Date: November 7th, 2024 2:55 PM
Author: Kink-friendly gunner

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)



Reply Favorite

Date: November 7th, 2024 3:01 PM
Author: bull headed location hairy legs

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306385)



Reply Favorite

Date: November 8th, 2024 1:24 AM
Author: swashbuckling plaza associate

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48308995)



Reply Favorite

Date: November 8th, 2024 7:10 AM
Author: tan startling state

why does "wealth inequality" matter at all?

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48309616)



Reply Favorite

Date: November 8th, 2024 10:40 AM
Author: swashbuckling plaza associate

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?

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48310247)



Reply Favorite

Date: November 7th, 2024 2:59 PM
Author: tan startling state

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)



Reply Favorite

Date: November 7th, 2024 3:05 PM
Author: bull headed location hairy legs



(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306400)



Reply Favorite

Date: November 7th, 2024 2:48 PM
Author: Soul-stirring Out-of-control Space

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)



Reply Favorite

Date: November 7th, 2024 3:01 PM
Author: Irradiated Public Bath Dysfunction

"avoid whatever capital gains they make"

can you enlighten me?

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306381)



Reply Favorite

Date: November 7th, 2024 3:04 PM
Author: bull headed location hairy legs

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.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306399)



Reply Favorite

Date: November 7th, 2024 3:28 PM
Author: Irradiated Public Bath Dysfunction

"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!



(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306520)



Reply Favorite

Date: November 7th, 2024 3:33 PM
Author: bull headed location hairy legs

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?

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306554)



Reply Favorite

Date: November 7th, 2024 3:41 PM
Author: Irradiated Public Bath Dysfunction

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.



(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306591)



Reply Favorite

Date: November 7th, 2024 3:49 PM
Author: bull headed location hairy legs

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.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306622)



Reply Favorite

Date: November 7th, 2024 3:07 PM
Author: light address

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306409)



Reply Favorite

Date: November 7th, 2024 3:08 PM
Author: Soul-stirring Out-of-control Space



(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306414)



Reply Favorite

Date: November 7th, 2024 3:11 PM
Author: bull headed location hairy legs

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)



Reply Favorite

Date: November 7th, 2024 3:30 PM
Author: Judgmental lascivious famous landscape painting stage

This is how they really do it

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306527)



Reply Favorite

Date: November 7th, 2024 5:22 PM
Author: Excitant geriatric corner factory reset button



(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: Irradiated Public Bath Dysfunction

lolwut

do you sell rolling covered calls on penny stocks too?

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306532)



Reply Favorite

Date: November 7th, 2024 3:34 PM
Author: aphrodisiac doobsian filthpig forum

How is the $30 million loan paid back.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306555)



Reply Favorite

Date: November 7th, 2024 3:40 PM
Author: Adulterous Stag Film Skinny Woman

same way tsinah's student loans are paid back

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306585)



Reply Favorite

Date: November 7th, 2024 5:22 PM
Author: Excitant geriatric corner factory reset button



(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: light address

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306589)



Reply Favorite

Date: November 7th, 2024 3:36 PM
Author: comical internal respiration

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)



Reply Favorite

Date: November 7th, 2024 5:04 PM
Author: cracking telephone

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)



Reply Favorite

Date: November 7th, 2024 5:22 PM
Author: Excitant geriatric corner factory reset button



(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307027)



Reply Favorite

Date: November 7th, 2024 5:45 PM
Author: thriller frisky stead party of the first part

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)



Reply Favorite

Date: November 7th, 2024 2:42 PM
Author: Kink-friendly gunner

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306293)



Reply Favorite

Date: November 7th, 2024 2:45 PM
Author: bull headed location hairy legs

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.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306302)



Reply Favorite

Date: November 7th, 2024 2:48 PM
Author: Ivory Learning Disabled Organic Girlfriend Rehab

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"

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306318)



Reply Favorite

Date: November 7th, 2024 2:51 PM
Author: bull headed location hairy legs

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)



Reply Favorite

Date: November 7th, 2024 2:51 PM
Author: Kink-friendly gunner

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)



Reply Favorite

Date: November 7th, 2024 2:57 PM
Author: bull headed location hairy legs

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*

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306357)



Reply Favorite

Date: November 7th, 2024 3:03 PM
Author: Soul-stirring Out-of-control Space

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306394)



Reply Favorite

Date: November 7th, 2024 3:08 PM
Author: bull headed location hairy legs

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.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306413)



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Date: November 7th, 2024 3:12 PM
Author: aphrodisiac doobsian filthpig forum

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.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306428)



Reply Favorite

Date: November 7th, 2024 3:24 PM
Author: bull headed location hairy legs

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.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306487)



Reply Favorite

Date: November 7th, 2024 3:25 PM
Author: aphrodisiac doobsian filthpig forum



(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: comical internal respiration

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: tan startling state

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: comical internal respiration

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: tan startling state

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: Vibrant cordovan brunch psychic

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: opaque erotic institution shitlib

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: aphrodisiac doobsian filthpig forum

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)



Reply Favorite

Date: November 7th, 2024 3:25 PM
Author: bull headed location hairy legs

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: Anal hyperventilating karate locale

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306410)



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Date: November 7th, 2024 3:11 PM
Author: aphrodisiac doobsian filthpig forum

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: Judgmental lascivious famous landscape painting stage

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: Soul-stirring Out-of-control Space

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)



Reply Favorite

Date: November 8th, 2024 7:13 AM
Author: Excitant geriatric corner factory reset button



(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: Translucent toilet seat boltzmann

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306494)



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Date: November 7th, 2024 3:26 PM
Author: Charismatic Garnet Love Of Her Life Weed Whacker

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: Judgmental lascivious famous landscape painting stage



(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: bull headed location hairy legs

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: Translucent toilet seat boltzmann

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)



Reply Favorite

Date: November 7th, 2024 3:40 PM
Author: bull headed location hairy legs

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: cracking telephone

"corporate income tax revenues were $2.6 trillion"

maybe the government needs to learn to get by with less than $1 trillion

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306960)



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Date: November 7th, 2024 6:39 PM
Author: Translucent toilet seat boltzmann

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)



Reply Favorite

Date: November 7th, 2024 5:23 PM
Author: Excitant geriatric corner factory reset button



(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: Judgmental lascivious famous landscape painting stage

(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: aphrodisiac doobsian filthpig forum

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.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306553)



Reply Favorite

Date: November 7th, 2024 7:31 PM
Author: insecure national security agency pozpig

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: Judgmental lascivious famous landscape painting stage

Lmfao at XO posters genuinely arguing tariffs are great.



(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306503)



Reply Favorite

Date: November 7th, 2024 3:28 PM
Author: bull headed location hairy legs

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!

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306519)



Reply Favorite

Date: November 7th, 2024 3:34 PM
Author: Judgmental lascivious famous landscape painting stage

It is. He’s also retarded.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306556)



Reply Favorite

Date: November 7th, 2024 3:35 PM
Author: bull headed location hairy legs

why didn't the biden admin remove trump's tariffs?

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306561)



Reply Favorite

Date: November 7th, 2024 5:23 PM
Author: Excitant geriatric corner factory reset button



(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307036)



Reply Favorite

Date: November 7th, 2024 5:24 PM
Author: Excitant geriatric corner factory reset button



(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307038)



Reply Favorite

Date: November 7th, 2024 3:35 PM
Author: aphrodisiac doobsian filthpig forum

Lol at shitlibs arguing Income Taxes are great.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306558)



Reply Favorite

Date: November 7th, 2024 3:37 PM
Author: bull headed location hairy legs

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.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306573)



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Date: November 7th, 2024 3:45 PM
Author: Judgmental lascivious famous landscape painting stage

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: aphrodisiac doobsian filthpig forum

Great, they can pay through tarrifs. Tired of subsidizing them.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306611)



Reply Favorite

Date: November 8th, 2024 10:39 AM
Author: swashbuckling plaza associate

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.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48310244)



Reply Favorite

Date: November 7th, 2024 4:30 PM
Author: filthy smoky school

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)



Reply Favorite

Date: November 7th, 2024 3:30 PM
Author: Racy lake heaven

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306533)



Reply Favorite

Date: November 7th, 2024 3:35 PM
Author: aphrodisiac doobsian filthpig forum

Everything worth having is viable to make in the USA.

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306563)



Reply Favorite

Date: November 7th, 2024 3:37 PM
Author: comical internal respiration

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)



Reply Favorite

Date: November 7th, 2024 3:39 PM
Author: Soul-stirring Out-of-control Space

US share of global manufacturing is like 20% you fuckin turd retard

jfc use google.com

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306581)



Reply Favorite

Date: November 7th, 2024 3:45 PM
Author: comical internal respiration

I see 15.9% nigga and stuff like Boeing planes, autos, and refined petro are prob most of that. oh and then weapons



(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306605)



Reply Favorite

Date: November 7th, 2024 3:41 PM
Author: bull headed location hairy legs

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)



Reply Favorite

Date: November 7th, 2024 3:46 PM
Author: comical internal respiration

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48306610)



Reply Favorite

Date: November 8th, 2024 10:52 AM
Author: bull headed location hairy legs

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)



Reply Favorite

Date: November 7th, 2024 4:37 PM
Author: aphrodisiac doobsian filthpig forum

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)



Reply Favorite

Date: November 7th, 2024 5:26 PM
Author: Excitant geriatric corner factory reset button

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)



Reply Favorite

Date: November 7th, 2024 5:32 PM
Author: Soul-stirring Out-of-control Space

pretty much yeah lmao

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307070)



Reply Favorite

Date: November 7th, 2024 5:33 PM
Author: Excitant geriatric corner factory reset button

jfc

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307074)



Reply Favorite

Date: November 7th, 2024 5:34 PM
Author: Soul-stirring Out-of-control Space

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307079)



Reply Favorite

Date: November 7th, 2024 5:36 PM
Author: Excitant geriatric corner factory reset button

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?

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307086)



Reply Favorite

Date: November 7th, 2024 6:38 PM
Author: Translucent toilet seat boltzmann

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307334)



Reply Favorite

Date: November 7th, 2024 6:39 PM
Author: Excitant geriatric corner factory reset button



(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48307337)



Reply Favorite

Date: November 8th, 2024 10:42 AM
Author: Ivory Learning Disabled Organic Girlfriend Rehab

This would be 180

Angels | funders | founders finally getting their fair share

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48310252)



Reply Favorite

Date: November 8th, 2024 10:45 AM
Author: Alcoholic lodge

Yowza and terrifying

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48310260)



Reply Favorite

Date: November 7th, 2024 7:08 PM
Author: Judgmental lascivious famous landscape painting stage

(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: Racy lake heaven

(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: Wonderful drunken menage

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: Ivory Learning Disabled Organic Girlfriend Rehab



(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: Alcoholic lodge



(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: Alcoholic lodge

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48310293)



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Date: November 8th, 2024 10:54 AM
Author: Aromatic Apoplectic Rigpig

*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: tantric bateful area fanboi



(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: fragrant copper double fault casino

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: Alcoholic lodge

Tariffs disproportionately favor the wealthy of a nation

The actual costs of these policies will, as usual, be passed on to the consumer

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48308970)



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Date: November 8th, 2024 1:16 AM
Author: Racy lake heaven

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: Alcoholic lodge

Actually think about how goods get from point A to point B (your local store shelves) and this is not a particularly controversial take

https://www.piie.com/research/piie-charts/2024/trumps-bigger-tariff-proposals-would-cost-typical-american-household-over

This said it seems he's just doing this to be Tough on Trade and that's fine. As leverage it's acceptable

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48308992)



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Date: November 8th, 2024 7:16 AM
Author: Lavender hideous gaming laptop useless brakes

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: Alcoholic lodge

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48309645)



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Date: November 8th, 2024 7:26 AM
Author: slap-happy mildly autistic spot fat ankles

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: Ebony seedy coffee pot native

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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48309671)



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Date: November 8th, 2024 7:52 AM
Author: Lavender hideous gaming laptop useless brakes

"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

(http://www.autoadmit.com/thread.php?thread_id=5629562&forum_id=2/#48309705)



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Date: November 8th, 2024 7:53 AM
Author: slap-happy mildly autistic spot fat ankles

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: Aromatic Apoplectic Rigpig

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: carnelian abnormal pit fortuitous meteor

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)