Quote:
Originally Posted by Green_Mountain
Biden ADDED tariffs? But Ona said tariffs are a tax and only billionaires can pay or something to that effect.
So which is it?
A. All tariffs are good
B. All tariffs are bad
C. Biden approved tariffs are good. Trump approved tariffs are bad.
D. Trump is right, but orange man bad
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I said that everything that trump is putting blanket tariffs on, such as all the food we import, will end up being a national sales tax on the individual who needs to buy food.
Tariffs on things that we really should be manufacturing stateside = good. It only effects the industries, and closely related industries, and does not effect everything that consumers buy.
Tariffs on things that everyone needs, like food, is basically a national sales tax.
Or, I will describe it another way.
Lets assume that we import 70% of our TP because it is less expensive to import it from china than to make it here, and we don't have much infra set up to make it here quickly if we needed to, if at all.
We add an import tariff to bling bling toilet paper from china. The tariff is only on the bling bling part. Bling bling TP will go up, but only the rich and people who can afford it will be effected by the tariff. Poor people who shit using 1 ply aren't effected. The tariff does what it should do.
Now, I put a tariff on ALL TP. Suddenly, not only are the rich who enjoy using bling bling TP are paying more (they can, they aren't hurting), so is the poor fuck taking a shit using 1ply.
If the tariffs are going to cost families an extra $5000 a year due to tariffs, well, 5k isn't much when you are millionaire. But 5k is a lot if you are not well off.