Trump raises taxes in US
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Ben Reilly
Original Quill
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Trump raises taxes in US
The term "tariff" is a term borrowed from foreign sources (Italian tariffa, from Arabic taʽrīf notification) in order to confuse and obfuscate. Why, you ask, would anyone want to avoid plain meaning? Because no one likes to talk about taxes…and tariffs are a tax, plain and simple.
Alexander Hamilton, first Treasurer of the United States, instituted tariffs in 1789, calling them 'customs barriers', or 'border taxes'. Hamilton, Report on Manufacturers. However, in 1773 Britain had used taxes on the colonies as a form of revenue--ie, border taxes in reverse--to collect taxes from colonists on Britain's own manufactures--remember, Taxation without representation, the Boston Tea Party and all that? In part to retaliate, and in part to nurture an infant manufacture base of its own, the US continued the practice, only it flipped the revenue flow of Britain's products to the other side, and made them revenue for the new US government. Border taxes were a mainstay of revenue for the US until the close of WWII (1945).
All of that background is so you may realize what Donald 'pussy-grabber' Trump is doing presently. After engineering a humongous tax break for the rich, he is increasing taxes for the poor and middle class by border-taxing imported products. It is not only a wealth shifting move, but tarrifs on basic essentials like steel and aluminum hurt our military readiness--what does the military pay for that does not involve steel or aluminum? Perhaps socks and underwear?
In other words, among the goods we select to buy at Macy's and Home Depot, we are now required to pay an additional charge if the product is imported. Trump argues that somehow the burden is born by the producer nation. One of his favorite arguments is, Mexico will pay for the wall...he proposed to pay for it by tariffs. No, Mexico will not be paying for it...we will! It's just another border tax.
All Trump is doing by imposing border taxes, is cancelling the highly touted tax reductions of 2017 by adding more and more consumer taxes. And because border taxes are regressive--remember, the bulk of tax breaks in 2017 were for corporations--he is shifting the cost of government from the wealthiest corporate owners to the poorest everyday consumers.
Alexander Hamilton, first Treasurer of the United States, instituted tariffs in 1789, calling them 'customs barriers', or 'border taxes'. Hamilton, Report on Manufacturers. However, in 1773 Britain had used taxes on the colonies as a form of revenue--ie, border taxes in reverse--to collect taxes from colonists on Britain's own manufactures--remember, Taxation without representation, the Boston Tea Party and all that? In part to retaliate, and in part to nurture an infant manufacture base of its own, the US continued the practice, only it flipped the revenue flow of Britain's products to the other side, and made them revenue for the new US government. Border taxes were a mainstay of revenue for the US until the close of WWII (1945).
All of that background is so you may realize what Donald 'pussy-grabber' Trump is doing presently. After engineering a humongous tax break for the rich, he is increasing taxes for the poor and middle class by border-taxing imported products. It is not only a wealth shifting move, but tarrifs on basic essentials like steel and aluminum hurt our military readiness--what does the military pay for that does not involve steel or aluminum? Perhaps socks and underwear?
In other words, among the goods we select to buy at Macy's and Home Depot, we are now required to pay an additional charge if the product is imported. Trump argues that somehow the burden is born by the producer nation. One of his favorite arguments is, Mexico will pay for the wall...he proposed to pay for it by tariffs. No, Mexico will not be paying for it...we will! It's just another border tax.
All Trump is doing by imposing border taxes, is cancelling the highly touted tax reductions of 2017 by adding more and more consumer taxes. And because border taxes are regressive--remember, the bulk of tax breaks in 2017 were for corporations--he is shifting the cost of government from the wealthiest corporate owners to the poorest everyday consumers.
Original Quill- Forum Detective ????♀️
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Re: Trump raises taxes in US
Speaking of pussies, does anybody think that people who say they prefer cats to dogs are just trying to sound cool?
I mean, nobody in their right mind thinks that some ennui-ridden, emotionally stunted bird murderer is actually better than this:
I mean, nobody in their right mind thinks that some ennui-ridden, emotionally stunted bird murderer is actually better than this:
Re: Trump raises taxes in US
That poodle-looking thing reminds me of your mum when she got drunk at our wedding.
She acted like a real pussy.
Ah. Good times.
She acted like a real pussy.
Ah. Good times.
eddie- King of Beards. Keeper of the Whip. Top Chef. BEES!!!!!! Mushroom muncher. Spider aficionado!
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Re: Trump raises taxes in US
Cats rule OK,? You wouldn't get a Cat acting like a prat for the Camera!
nicko- Forum Detective ????♀️
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Re: Trump raises taxes in US
nicko wrote:Cats rule OK,? You wouldn't get a Cat acting like a prat for the Camera!
Neither cats nor dogs understand what a camera is.
Re: Trump raises taxes in US
That's where your wrong, my Daughters Dog will sit up and beg as soon as he see's a Camera, he'll even smile for it !
nicko- Forum Detective ????♀️
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Re: Trump raises taxes in US
nicko wrote:
Cats rule OK,? You wouldn't get a Cat acting like a prat for the Camera!
Too true, that -- cats have more self respect than to behave like dogs...
"Cats rule, dogs drool.."
"A house isn't a home without a cat."
"Dogs have masters, cats have servants !"
'Wolfie- Forum Detective ????♀️
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Re: Trump raises taxes in US
Original Quill wrote:The term "tariff" is a term borrowed from foreign sources (Italian tariffa, from Arabic taʽrīf notification) in order to confuse and obfuscate. Why, you ask, would anyone want to avoid plain meaning? Because no one likes to talk about taxes…and tariffs are a tax, plain and simple.
Alexander Hamilton, first Treasurer of the United States, instituted tariffs in 1789, calling them 'customs barriers', or 'border taxes'. Hamilton, Report on Manufacturers. However, in 1773 Britain had used taxes on the colonies as a form of revenue--ie, border taxes in reverse--to collect taxes from colonists on Britain's own manufactures--remember, Taxation without representation, the Boston Tea Party and all that? In part to retaliate, and in part to nurture an infant manufacture base of its own, the US continued the practice, only it flipped the revenue flow of Britain's products to the other side, and made them revenue for the new US government. Border taxes were a mainstay of revenue for the US until the close of WWII (1945).
All of that background is so you may realize what Donald 'pussy-grabber' Trump is doing presently. After engineering a humongous tax break for the rich, he is increasing taxes for the poor and middle class by border-taxing imported products. It is not only a wealth shifting move, but tarrifs on basic essentials like steel and aluminum hurt our military readiness--what does the military pay for that does not involve steel or aluminum? Perhaps socks and underwear?
In other words, among the goods we select to buy at Macy's and Home Depot, we are now required to pay an additional charge if the product is imported. Trump argues that somehow the burden is born by the producer nation. One of his favorite arguments is, Mexico will pay for the wall...he proposed to pay for it by tariffs. No, Mexico will not be paying for it...we will! It's just another border tax.
All Trump is doing by imposing border taxes, is cancelling the highly touted tax reductions of 2017 by adding more and more consumer taxes. And because border taxes are regressive--remember, the bulk of tax breaks in 2017 were for corporations--he is shifting the cost of government from the wealthiest corporate owners to the poorest everyday consumers.
Did you write that yourself?
Raggamuffin- Forum Detective ????♀️
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Re: Trump raises taxes in US
Raggamuffin wrote:Did you write that yourself?
Except for the 'pussy-grabber' part. Donald said that part. Some if it is taken from one of my books.
Original Quill- Forum Detective ????♀️
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