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

To: WMarshal
Another thing which is seldom mentioned is the tax revenue flowing in from these tariffs. Countries which do not want to make their separate peace with the United States will soon be providing ongoing tariff revenue, particularly in cases where they are still competitive even with the tariffs.

This could pay for more tax cuts, increase in the standard deduction and/or increase in the personal exemption, which is probably the best place to start because this is where it will be felt most quickly at the lower end of taxpayers.

18 posted on 07/13/2018 8:36:04 AM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
[ Post Reply | Private Reply | To 14 | View Replies ]


To: Vigilanteman

Another thing which is seldom mentioned is the tax revenue flowing in from these tariffs. Countries which do not want to make their separate peace with the United States will soon be providing ongoing tariff revenue, particularly in cases where they are still competitive even with the tariffs.

This could pay for more tax cuts, increase in the standard deduction and/or increase in the personal exemption, which is probably the best place to start because this is where it will be felt most quickly at the lower end of taxpayers. “

Yup!

Notice Trump lowered income taxes FIRST, THEN raised tariffs. Smart.

More middle income tax relief coming...

And when dhimmies cry “how you gonna pay for it”

The answer: More tariffs!


24 posted on 07/15/2018 8:00:43 PM PDT by JPJones (More tariffs, less income tax.)
[ Post Reply | Private Reply | To 18 | 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