This would be a 35% tax on all Americans—a tax that especially hurts low-income families. Maybe the slogan should be #MakeAmericaVenezuela.https://twitter.com/realdonaldtrump/status/805380553008680961 …
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@justinamash@cabbageguy@billpostmus The "broad consequences" will be massive loss of profitability for off-shoring jobs. -
Nope. The broad consequences are poorer Americans and wealthier elites.
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Read the book you recommended - don't get the "wealthier elites" outcome - help?
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Government intervention (e.g., tariff) puts elites and their lobbyists in charge. They limit competition to detriment of public.
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Seems like "elites" can just move manufacturing to other countries to take advantage of wages, taxes and free trade agreements
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Yes, but they gain much more simply by staying here and using govt to limit foreign competition—at the expense of all Americans.
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I need to think this through - the book makes you look for all outcomes - obvious and not so obvious! Good read
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Thanks for checking it out. When I have a town hall in your area, I'd be happy to have a big conversation about it.
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What happened to steel prices after
@GeorgeWBush slapped tariffs on foreign companies?.. they went upThanks. Twitter will use this to make your timeline better. UndoUndo
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there are and have always been many tarrifs.
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Yes, it is corporate welfare for American companies. That is the definition of a tariff.
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and reducing competition and global free market benefits. You def had the right slogan!
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I'm against tariff but for prog tax.His policy is a way to hiding tax lower on wealthy, upping inflati
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compete on our soil.
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Ronald Reagan put a 45%tarriff on Jap motorcycles and saved Harley Davidson What an ass
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if tariff offsets advantage of moving - who could raise prices?
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