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To: central_va

Anyone with half a brain can see that a tariff is a tax.

A tax is not a source of economic growth and never can be.

You don’t get to make up your own economics, much as you are dependent on that.

Tariffs were notorious for the potential for bribery of government officials. Who would pay them more: the iron and steel makers who profit from the exclusion of foreign steel or the Railroads who lose because the steel is higher? Steel was a major input to railroads. This is only one of many instances.

There is also the potential for disparities of impact on the different states.


77 posted on 07/11/2018 11:29:49 AM PDT by arrogantsob (See "Chaos and Mayhem" at Amazon.com)
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To: arrogantsob
Anyone with half a brain can see that a tariff is a tax.

Duh, it s a non progressive tax. But then again you love the income tax, which a tariff could offset or maybe replace, because deep down you are a progressive.

A tax is not a source of economic growth and never can be.

A tariff is different. It protects and promotes domestic industry and causes unemployment of -- wait for it --- foreigners! A good thing.

You don’t get to make up your own economics, much as you are dependent on that.

Either do you. It is well established that a tariff promotes domestic employment, job growth and GDP. It is fact. The truth is you cannot handle complex thinking. The situation is dynamic and not static and you cannot fathom that. It is clear you are lacking intellectually.

Since you are with out a doubt historically and economically ignorant I will throw you a bone, if you must complain about a tariff then complain that it is inflationary. That is the only down side.

Tariffs were notorious for the potential for bribery of government officials. Who would pay them more: the iron and steel makers who profit from the exclusion of foreign steel or the Railroads who lose because the steel is higher? Steel was a major input to railroads. This is only one of many instances.

Oh and the income tax is not without special interest! LOL!

There is also the potential for disparities of impact on the different states.

What?

93 posted on 07/11/2018 4:42:05 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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