this post was submitted on 27 Oct 2024
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chapotraphouse

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https://x.com/Liv_Agar/status/1850375879005999596

Please do it Mr President. Imagine how high the tariffs have to be. Close to like 50-80% maybe? On all imports. That'll cut purchasing power so much.

And how effective will the tariff collection be compared to income tax? All the income tax workers will have to be transferred to customs. If the efficiency isn't similar, then US Dollar might have issues.

And it is much easier as of right now to evade customs and tarrifs than income taxes. You can undervalue very easily.

And with exports of China shrinking because of tariffs they'll be forced to increase domestic demand.

Trump really hates Amerikkka.

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[–] Bobson_Dugnutt@hexbear.net 26 points 2 weeks ago (1 children)

turnover tax

They better not tax empanadas

[–] SpiderFarmer@hexbear.net 22 points 2 weeks ago (1 children)
[–] SSJ3Marx@hexbear.net 13 points 2 weeks ago

Imagine if you could tax internet drama directly to fund your socialist state.