Yep. Megacorps are gonna fucking love a 20% hike in prices.Smitty-48 wrote:Trump is floating a 20% tax on Mexican imports to pay for the wall; that's not the Mexicans paying for the wall, that's the American consumer paying for the wall, if he's taxing you to pay for the wall; you've been had.
THE ERA OF TRUMP
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Re: THE ERA OF TRUMP
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Re: THE ERA OF TRUMP
If it was a tax, that would go to the government, countervailing duties go to corporations, taxes go to Washington, so it's basically just a back door way of raising your taxes.GrumpyCatFace wrote:Yep. Megacorps are gonna fucking love a 20% hike in prices.Smitty-48 wrote:Trump is floating a 20% tax on Mexican imports to pay for the wall; that's not the Mexicans paying for the wall, that's the American consumer paying for the wall, if he's taxing you to pay for the wall; you've been had.
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Re: THE ERA OF TRUMP
It's a tax, sure. We either buy the Mexican shit +20% of tax, or we buy the American shit +19% markup. Uncle Sam gets a cut of the Mexican shit, but it will almost never be paid. Thats why tariffs don't work.Smitty-48 wrote:If it was a tax, that would go to the government, countervailing duties go to corporations, taxes go to Washington, so it's basically just a back door way of raising your taxes.GrumpyCatFace wrote:Yep. Megacorps are gonna fucking love a 20% hike in prices.Smitty-48 wrote:Trump is floating a 20% tax on Mexican imports to pay for the wall; that's not the Mexicans paying for the wall, that's the American consumer paying for the wall, if he's taxing you to pay for the wall; you've been had.
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Re: THE ERA OF TRUMP
Tariffs is a seperate issue, the reason why tariffs wont work, is that the markets will compensate for them, with a tariff, the US dollar will go up against the Mexican Peso, probably more than the amount of the tariff, so that just makes it even more advantageous to shift work to Mexico.
With a countervailing duty, the money gets taken from the American consumer and funneled into the pockets of the corporations.
With a tax, nothing changes on the corporate balance sheets, but the money is then being extracted directly from the American consumer and funneled to Washington.
All protectionism is a scam, but there's different types of scams therein.
With a countervailing duty, the money gets taken from the American consumer and funneled into the pockets of the corporations.
With a tax, nothing changes on the corporate balance sheets, but the money is then being extracted directly from the American consumer and funneled to Washington.
All protectionism is a scam, but there's different types of scams therein.
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Re: THE ERA OF TRUMP
The dollar might move somewhat, but Mexico is not our sole trading partner.Smitty-48 wrote:Tariffs is a seperate issue, the reason why tariffs wont work, is that the markets will compensate for them, with a tariff, the US dollar will go up against the Mexican Peso, probably more than the amount of the tariff, so that just makes it even more advantageous to shift work to Mexico.
With a countervailing duty, the money gets taken from the American consumer and funneled into the pockets of the corporations.
With a tax, nothing changes on the corporate balance sheets, but the money is then being extracted directly from the American consumer and funneled to Washington.
All protectionism is a scam, but there's different types of scams therein.
Either way, it doesn't benefit us in the slightest. Just another idiotic idea from the Orange Emperor.
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Re: THE ERA OF TRUMP
The Chicken tax, and the price of a hollowed out rusted VW bus don't agree with you.Smitty-48 wrote:Tariffs is a seperate issue, the reason why tariffs wont work, is that the markets will compensate for them, with a tariff, the US dollar will go up against the Mexican Peso, probably more than the amount of the tariff, so that just makes it even more advantageous to shift work to Mexico.
With a countervailing duty, the money gets taken from the American consumer and funneled into the pockets of the corporations.
With a tax, nothing changes on the corporate balance sheets, but the money is then being extracted directly from the American consumer and funneled to Washington.
All protectionism is a scam, but there's different types of scams therein.
http://www.thesamba.com/vw/classifieds/ ... id=2009931
http://www.thesamba.com/vw/classifieds/ ... ESC&page=0
The tariff absolutely achieved it's goal. Imports of cheap VW buses dropped, and the rarity has their prices sky high today. You can get them real cheap in east europe, though.
GrumpyCatFace wrote:Dumb slut partied too hard and woke up in a weird house. Ran out the door, weeping for her failed life choices, concerned townsfolk notes her appearance and alerted the fuzz.
viewtopic.php?p=60751#p60751
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Re: THE ERA OF TRUMP
Up against the Mexican Peso, it's all relative, the dollar wouldn't go up that much overall, the Mexican Peso however would go crashing down, so against the Mexican Peso, the US Dollar would be yuge, at which point, even cheaper to do work in Mexico than it is now, tariffs against Mexico just makes Mexico even more of a sweat shop as you go,GrumpyCatFace wrote:The dollar might move somewhat, but Mexico is not our sole trading partner.Smitty-48 wrote:Tariffs is a seperate issue, the reason why tariffs wont work, is that the markets will compensate for them, with a tariff, the US dollar will go up against the Mexican Peso, probably more than the amount of the tariff, so that just makes it even more advantageous to shift work to Mexico.
With a countervailing duty, the money gets taken from the American consumer and funneled into the pockets of the corporations.
With a tax, nothing changes on the corporate balance sheets, but the money is then being extracted directly from the American consumer and funneled to Washington.
All protectionism is a scam, but there's different types of scams therein.
Nec Aspera Terrent
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Re: THE ERA OF TRUMP
...which creates more starving, frightened people trying to get in here. This should end up wonderful. Absolutely the best. What can go wrong? Believe me.Smitty-48 wrote:Up against the Mexican Peso, it's all relative, the dollar wouldn't go up that much overall, the Mexican Peso however would go crashing down, so against the Mexican Peso, the US Dollar would be yuge, at which point, even cheaper to do work in Mexico than it is now, tariffs against Mexico just makes Mexico even more of a sweat shop as you go,GrumpyCatFace wrote:The dollar might move somewhat, but Mexico is not our sole trading partner.Smitty-48 wrote:Tariffs is a seperate issue, the reason why tariffs wont work, is that the markets will compensate for them, with a tariff, the US dollar will go up against the Mexican Peso, probably more than the amount of the tariff, so that just makes it even more advantageous to shift work to Mexico.
With a countervailing duty, the money gets taken from the American consumer and funneled into the pockets of the corporations.
With a tax, nothing changes on the corporate balance sheets, but the money is then being extracted directly from the American consumer and funneled to Washington.
All protectionism is a scam, but there's different types of scams therein.
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Re: THE ERA OF TRUMP
The Euro is a high value currency, so tariffs against German imports wouldn't crash it down against the US dollar, the Mexican Peso however, completely different story, the Peso would go spiralling down against the Dollar, making it even cheaper to make products in Mexico, you wouldn't help American workers, all you would do is harm Mexican workers, by making them work for less, which would harm American workers, when that caused more work to be shifted to Mexico not less, the only people who would be making out like bandits, would be corporate shareholders.Okeefenokee wrote:The Chicken tax, and the price of a hollowed out rusted VW bus don't agree with you.Smitty-48 wrote:Tariffs is a seperate issue, the reason why tariffs wont work, is that the markets will compensate for them, with a tariff, the US dollar will go up against the Mexican Peso, probably more than the amount of the tariff, so that just makes it even more advantageous to shift work to Mexico.
With a countervailing duty, the money gets taken from the American consumer and funneled into the pockets of the corporations.
With a tax, nothing changes on the corporate balance sheets, but the money is then being extracted directly from the American consumer and funneled to Washington.
All protectionism is a scam, but there's different types of scams therein.
http://www.thesamba.com/vw/classifieds/ ... id=2009931
http://www.thesamba.com/vw/classifieds/ ... ESC&page=0
The tariff absolutely achieved it's goal. Imports of cheap VW buses dropped, and the rarity has their prices sky high today. You can get them real cheap in east europe, though.
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Re: THE ERA OF TRUMP
I think it might even out, because the tariffs would drive the Peso down, so they'd be poorer in real terms, but at the same time, they still have very high unemployment, lots of people hanging around Monterrey looking for work, so if the Mexican Peso went down, that would shift even more jobs to Mexico, they would probably be taking work from China at that point, so could even out in the end, Peso's worth less, but more Mexicans having jobs which at least paid some Peso's. I think they'd probably take that, as things are right now.GrumpyCatFace wrote:...which creates more starving, frightened people trying to get in here. This should end up wonderful. Absolutely the best. What can go wrong? Believe me.Smitty-48 wrote:Up against the Mexican Peso, it's all relative, the dollar wouldn't go up that much overall, the Mexican Peso however would go crashing down, so against the Mexican Peso, the US Dollar would be yuge, at which point, even cheaper to do work in Mexico than it is now, tariffs against Mexico just makes Mexico even more of a sweat shop as you go,GrumpyCatFace wrote:
The dollar might move somewhat, but Mexico is not our sole trading partner.
It's not like they actually buy the products they make, so a lower Peso is not going to impact them that much, better to be working, so they can feed their kids, it's not like they are saving up to buy Air Jordan's.
Last edited by Smitty-48 on Thu Jan 26, 2017 8:45 pm, edited 1 time in total.
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