If tariffs are taxes, why do republicans like tariffs?
- WilliamLv 76 months ago
Tariffs are tax hikes. The tax was already in place.
- Anonymous6 months ago
In general they don't. With the exception of the sales tax, Republicans generally don't like most taxes. Historically, they've been opposed to the Tariff, at least in the modern era. In me 19th century the Tariff was Central to Republican politics.
It's Trump who likes the tariff. He likes it in part because it it's his populist image of protecting the workers. It also fits in with his unilateral vision of diplomacy where everything is a dominance game. But it's also similar to how he's lived his entire life. The Tariff creates a privilege Marketplace for domestic Goods. In this sense it fits with Trump's entire career as a rent Seeker. Rent-seekers do not make things or provide services but instead exploit legal privileges to make money. The best examples are Trump's casinos. They thrived as long as he held one of only a few licenses to run a gambling house east of the Mississippi. Once more casinos begin opening up his businesses failed.
- John WLv 76 months ago
No one likes tariffs. Except Trump, but he's a moron.
- rickyLv 76 months ago
If you spend millions trying to create the best fragrance. One you could get your money and a profit on, by selling it for $100 an ounce. And China paid a chemist $50 to tell them the ingredients, they could put the inventers out of business in no time. That’s an example of what the Chinese government is doing to private businesses in our country. So we have basically gone on strike against China, because they are cheating us out of our inventions and technology. No one wins, as a matter of fact, everyone loses, until the strike is over. The winner is the one that holds out longer. By people being against the tariffs, they might as well be telling these thieves from China, that you are ok with them screwing America. Ergo screwing yourself.
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- KennyLv 76 months ago
Well, tariffs are not taxes .
- MarkLv 76 months ago
Probably because their simple minds are too inept to realize that they are taxes
- PrincessLv 46 months ago
Trump puts tariffs on China.
China can do two things.
1) Buys their stuff from someplace else, like soybeans, which hurts American farmers to compensate for income lost in the trade war with China.
2) Adds it to the cost of it's products sold to America, which hurts Consumers.
So far, they have done both.
We, the taxpayers, have already had an additional tax of $16 billion that Trump gave to the Farmers.
...which again, hurts consumers.
Some economic genius gave me thumbs down.
This is why the entire world calls Trump and his supporters stupid.
- Anonymous6 months ago
Tariffs are taxes on the corporation, they can be avoided by investing in American infrastructure... or taken out of their enormous profit margins.
As the Democratic party is corporately owned, most companies are waiting for the democrats to repeal the tariffs rather than help poor people (whom democrats hate, just look at their cities, the poor are treated the worst, the rich are protected)
- ocularnervosaLv 76 months ago
They think the average person doesn't understand that they will be paying the tariffs in higher retail costs.
- MikeLv 76 months ago
Bad circle logic ,China pays them