Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: SeekAndFind

A 25% tariff would balance the budget year over year.


4 posted on 06/24/2018 12:18:58 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: central_va

How so? Is Congress going to quit spending ever more money? A tariff is a tax and we have proven in spades that no level of taxation will balance the budget. A tariff will simply enable further spending and borrowing unless we implement offsettIng personal income tax cuts.

Aren’t you a proponent of relying on a tariff instead of income taxes to fund the government? Or do you simply want the government to have more revenue?


9 posted on 06/24/2018 12:27:18 PM PDT by FreedomNotSafety
[ Post Reply | Private Reply | To 4 | View Replies ]

To: central_va

How is that any different than raising taxes? Tariffs do nothing if no one buys the product. If they do buy the imported product, some part of that tariff will be passed onto the consumer in the form of higher prices. There is no need to raise taxes, as alternatives exist.

How ‘bout this instead: Have politicians reducing spending, especially on the “get-me-reelected” bullcrap like free cell phones for deadbeats. Idea #2, Warren Buffet’s idea: Any politicians who votes for a budget that produces a deficit cannot run for reelection. That would fix it overnight.


10 posted on 06/24/2018 12:27:21 PM PDT by econjack
[ Post Reply | Private Reply | To 4 | View Replies ]

To: central_va
A 25% tariff would balance the budget year over year.

We have $4 trillion in annual imports?

36 posted on 06/24/2018 3:40:28 PM PDT by DoodleDawg
[ Post Reply | Private Reply | To 4 | View Replies ]

To: central_va
Bring back manufacturing to America. I don't have all the answers, but take a look at the graphic. When America was the manufacturing power house during/after WWII, debt to GDP initially rose because of the war but rapidly fell....that is until the globalist began taking operations overseas, outsourcing jobs by the millions with trade agreements like NAFTA/GATT and the like.

We need to become the manufacturing engine we once was. Stop allowing China to steal/purchase/acquire our technology and expertise. Man, what would happen if we were to have another World War? Would we be able to ramp our manufacturing fast enough to protect our homeland? Are we going to borrow our way through a World War? Who would we borrow from? China?

LOL! I think we could be in deep CaCa.

38 posted on 06/24/2018 4:25:17 PM PDT by servantboy777
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson