Trump Endorses Plan for 20% Tax on All Imports

New York Times ^ | JANUARY 26, 2017 | MICHAEL D. SHEAR

[CIB-173RDABN]

It’s basically just a wealth transfer from American consumers to American producers

---

“Wealth Transfer” an interesting way of putting it.

So when I go shopping and buy something it is now “wealth transfer”?

Isn’t that also called “capitalism”?

[CIB-173RDABN]

This would be Americans paying for the wall.

---

Don’t we already pay for everything now? Why should this be any different?

I want the border secured. Damn the cost. Whatever it turns out to be, it will be lower than what we will have to pay over the years by not doing it.

[SeeSharp]

Isn’t that also called “capitalism”?

The subject is taxation, and yes, it's a wealth transfer.

[greeneyes]

This would be Americans paying for the wall.
**************************************************

Only if Americans buy the products. I don’t intend to buy any products from them.