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Judge orders government to begin refunding more than $130B in tariffs
11–20 of 843 posts
Re: Judge orders government to begin refunding more than $130B in tariffs
#12[flagged]
It's really more complicated than this.
Onshoring manufacturing is something that has to be incentivized and that has positive externalities outside of dollars and cents.
But some tariffs were really dumb, like on bananas. We can't grow bananas here...
Re: Judge orders government to begin refunding more than $130B in tariffs
#13What if this was the plan, so those importers can make money?
Re: Judge orders government to begin refunding more than $130B in tariffs
#14[flagged]
You could point out the inconsistency, but I really think the cognitive dissonance of constant and pervasive hypocrisy is the point. Truth is whatever the party tells you today, and we have always been at war with EastAsia.
Re: Judge orders government to begin refunding more than $130B in tariffs
#15[flagged]
I don't see why this would be even slightly surprising: that is a common right-wing position and has been for a while? They even made a big run of it in 2023.
https://pettersen.house.gov/news/documentsingle.aspx?Documen...
Re: Judge orders government to begin refunding more than $130B in tariffs
#16[flagged]
Populist energy
Re: Judge orders government to begin refunding more than $130B in tariffs
#17[flagged]
It's really more complicated than this. Onshoring manufacturing is something that has to be incentivized and that has positive externalities outside of dollars and cents. But some tariffs were really dumb, like on bananas. We can't grow bananas here...
> But some tariffs were really dumb, like on bananas. We can't grow bananas here...
Trump and his cabinet don't understand this.
Re: Judge orders government to begin refunding more than $130B in tariffs
#18[flagged]
It's a smart play for a flat tax. Baseline at 15-20% on imports (proxy for flat tax on income). Then push to eliminate income tax. It's very much aligned with conservative view points on income tax and it's progressive nature.
Re: Judge orders government to begin refunding more than $130B in tariffs
#19... refunded to the importer of record. Not the people the costs were passed to. Essentially turning it retroactively into a tax to private businesses. This is the worst case of all scenarios for the consumer.
that was the plan all along
These people are evil, but also bumbling idiots, so sometimes there is no evil plan, just incompetence.