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To: DannyTN
Gibberish? LOL

You want to talk jibberish, of the economic sort? Let's talk about how you think raising tariffs, with all the ripple-effect it causes, can even be considered at the same time as lowering the marginal tax rate (which, despite being politically impossible, one cannot calculate on a 1:1, or even 1:x basis, as you suggest).

It's food for idiots, and you are obese. You throw these numbers and ideas about and have no idea what they mean.

36 posted on 01/29/2014 1:10:52 PM PST by 1rudeboy
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To: 1rudeboy
I don't know what you mean by a 1:1 basis, but it's really quite simple.

You take the $ amount of imports x 10% (tariff increase). That is the amount that the tariff increase will generate.

And then that's the amount that you reduce income taxes by.

Any decrease in the tariff due to a fall in the amount of imports would be more than offset by the increased American incomes, when people change their buying habits.

Your import related business would suck, but America would be far better off, if you were in the food stamp line instead of the 100 million Americans there now.

37 posted on 01/29/2014 1:18:59 PM PST by DannyTN (A>)
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