White House press secretary says border wall will be funded by 20% import tax on Mexican goods

Washington Post ^ | 01/26/2017 | By Joshua Partlow

[SeekAndFind]

MEXICO CITY--President Enrique Pe

[dragnet2]

All we need is a wall paid by the mexicans. We don’t need a price increase of 20% that WE end up paying.

I got your point. It was hard to miss. Again, you want to pay more to the country who's been looting the U.S. for decades, where millions of Mexicans have zero respect for America, as they routinely defecate on our laws and rules?

Be my guest!☺

[CivilWarBrewing]

TAX REMITTANCE PAYMENTS TO MEXICO!!!

[aquila48]

You missed my earlier comment...(#10)

“I would prefer a tax on remittances to mexico sent back by the mexicans here.”

[dragnet2]

We can do that too. In just monetary damages alone, I’d estimated Mexico has cost the U.S. upwards of trillion in the past decade or two

It’s time to collect folks.

[HLPhat]

That’s a FAIL.

That tarrif will just be passed along to US consumers.

Tax these bits going the other ways please.

https://www.google.com/#q=money+transfer+to+mexico

[veracious]

Very nice. There are numerous ways to make Mexico pay, indirectly.

[HLPhat]

>>We don’t need a price increase of 20% that WE end up paying.

Exactly. Tax the bit$ being wire-transferred South.

Batman shopped the produce section of Piggly Wiggly lately?

[luvie]

Love that idea! Hit ‘em where it really hurts. You need to send that idea to Trump himself.

[gleeaikin]

We import a lot of our winter food from Mexico, and 20% will hurt low income families the most. They already suffer from diets low in fruits and vegetables. A much better idea would be to charge from 2% to 7% for money sent by illegal aliens to Mexico and elsewhere. There are any number of ways that the wall could be paid for. Years ago I had a friend from India. He said he was only allowed to take $10,000 out of the country. I don’t remember if there was a significant fee for taking out larger amounts. But there should have been.

[central_va]

The artificial increase in prices caused a tariff is first put into place is the beginning of the story and not the end of it. At first prices will increase because there is not a domestic supply(yet) to meet demand. But that is the point. Behind the tariff domestic supplier will reap huge profits which incentivizes other domestic sources to come on line. Eventually the domestic supply will meet demand and all will once gain have to compete with each other lowering the price. This makes greed work for the American worker instead of against the American worker.

So a 100% tariff is not a bad idea.

[central_va]

What happens when an imported car or fan is made artificially expensive by adding a 30% tariff?

Answer: Because of pure greed manufactures will start to produce on this side of the border and pocket that money since the will charge the going rate. So greed is working for the US worker instead of against them.

But alas after a while, when all productions for fans and cars returns, they will have to compete with each other.

[RinaseaofDs]

$26B per year goes south to Mexico in currency transfers every year. 20% tax on that and the self-deportation will begin.

I think that’s what Trump’s had in mind the whole time. To curtail any behavior, tax it.

[central_va]

A tariff is a great idea and should be across the board and not just from product form Mexico.

[central_va]

No. it means that people that buy Mexican product pay for the wall.

[Rebelbase]

“I know, both California and Florida Avocados are better, creamier, but they gap during part of the year. Adding more trees would help”

OMG! Can you imagine the horror of having to eat seasonal fruits and vegetables only?

[central_va]

That means the American consumer will pay for the border wall by paying 20% more for Mexican goods.

Simplistic beyond belief.

Those goods can be made in America and the manufacturer will reap a huge windfall. Greed is good. Next thing you know another supplier will start up until all the supply originates in America and we have jobs again. Prices will be set by domestic competition and not though global labor arbitrage. win - win -win.

But globalist bullies do want that. Thank God for President Trump.

[central_va]

As it stands right now only 10% of the manufacturing work force in the USA is unionized. So a tariff would also help the other 90% of workers in that area of the economy. Just so you know...

[gleeaikin]

They did not sell most of the land to us. We acquired over 500,000 square miles of Mexican territory by aggressive warfare. Google “Treaty of Guadalupe Hidalgo” and read a few articles. Here is one I found interesting: https://www.mtholyoke.edu/~jasingle/conclus.html

Only the Gadsden Purchase was a negotiated sale. It was just under 30,000 square miles and served several useful purposes as described here: https://en.wikipedia.org/wiki/Gadsden_Purchase

[Thibodeaux]

leftist troll alert!

[central_va]

There is nothing outrageous about a 20% tariff. It isn’t even controversial.