Mexico is SO going to pay for the freaking wall: https://www.washingtonpost.com/opinions/yes-trump-can-make-mexico-pay-for-the-border-wall-heres-how/2017/01/17/7edf7872-dcbf-11e6-ad42-f3375f271c9c_story.html?utm_term=.2d0f0990d543 … (Trumpening of the conservative commentariat continues apace.)
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Replying to @Outsideness
They think Mexico pays for it. Moron bites. Taxes always hit the consumer. Tax imports == tax Americans.
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Replying to @Alrenous
But if you're collecting taxes anyway, there's no reason to think this is a particularly disastrous way to do it. ...
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Replying to @Outsideness @Alrenous
... The Anglosphere had far more liberal economics when it funded government through tariffs, rather than sales and income taxes.
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Replying to @Outsideness @Alrenous
it's not like the latter are going anywhere, though. nationalist protectionism eventually takes its toll.
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Tariffs hurt a sector of industry rather than sector of society.
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Replying to @orthonormalist @cyborg_nomade and
Goods production is ~12% of jobs, and will keep going down.
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Replying to @orthonormalist @cyborg_nomade and
Consumers of goods (the other 88% + non workers) aren't going to like paying more for 12%
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Replying to @orthonormalist @cyborg_nomade and
Eh, slightly less than 88% -- logistics and stuff, too. maybe 75/25
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On the other hand, foreign trading powers are better at exercising downward pressure on tariffs than voters on domestic taxation. ...
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... So if tariffs are your government revenue base, international engagement works automatically in the direction of small government.
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makes sense. fair enough.
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