20 Lies Harris Told last night at the debate

[TheProgressivePatriot]

She said Trump would tax Americans 20%, that’s a lie.

A tariff on foreign goods is not the same as a domestic tax on income.

You’re either lacking in understanding or dishonest.

The result is the same!! Is there something wrong with you??

 

[Mr. Friscus]

The result is the same!! Is there something wrong with you??

A tariff on foreign goods doesn’t equate to a rise in price of all goods. American options wouldn’t have to rise, and foreign producers lower prices to compete in the market

A domestic tax equates to a rise in prices of all goods, with no market pressures in play.

That’s a significant difference, and Harris (and you, and Slade3200) are either not intelligent enough to understand the difference or you guys are dishonest. But the difference is objective, and it’s a lie to say Donald Trump would universally tax Americans 20%. It’s a false statement. I know you hate Trump, but you can’t let your emotions change your perspective of cold hard facts. You can’t be seen as credible if you’re going to do that.

 

[TheProgressivePatriot]

A tariff on foreign goods doesn’t equate to a rise in price of all goods. American options wouldn’t have to rise, and foreign producers lower prices to compete in the market

A domestic tax equates to a rise in prices of all goods, with no market pressures in play.

That’s a significant difference, and Harris (and you, and Slade3200) are either not intelligent enough to understand the difference or you guys are dishonest. But the difference is objective, and it’s a lie to say Donald Trump would universally tax Americans 20%. It’s a false statement. I know you hate Trump, but you can’t let your emotions change your perspective of cold hard facts. You can’t be seen as credible if you’re going to do that.

Oh please ! Just stop it!! Harris did not lie! Any fool would know that she did not mean a direct sales tax. She is correct in saying that the tariffs would amount to a sales tax having the same end result

What Are Tariffs and How Do They Affect You?

A tariff is a tax levied by the government on imported goods. They raise costs for importers who usually pass them on to consumers in the form of higher priced goods.

www.investopedia.com

Tariffs can come in many different forms, shapes, and sizes. Very generally speaking, there are several entities that are at risk to be most impacted by tariffs.

First, tariffs often have a regressive impact, disproportionately affecting lower-income consumers. Since tariffs lead to higher prices for imported goods, individuals with limited financial means, who typically spend a higher percentage of their income on basic necessities, may bear a heavier burden.7


Second, small businesses, particularly those relying on imported materials subject to tariffs, face significant challenges. It's important to consider that small businesses have much different constraints compared to larger companies; these constraints aren't just how much money they make but how much influence they can have when determining policies.8

U.S. Bureau of Labor Statistics. "The Effects of Tariff Rates on the U.S. Economy: What the Producer Price Index Tells Us."


Companies affected by tariffs essentially have three options: Absorb the extra expense, increase prices, or move production to another country. In general, it is believed that Trump’s tariffs did more harm than good, costing companies billions of dollars and reducing the demand for exported goods that were hit with retaliatory tariffs.10

 

[Nostra]

Oh please ! Just stop it!! Harris did not lie! Any fool would know that she did not mean a direct sales tax. She is correct in saying that the tariffs would amount to a sales tax having the same end result

What Are Tariffs and How Do They Affect You?

A tariff is a tax levied by the government on imported goods. They raise costs for importers who usually pass them on to consumers in the form of higher priced goods.

www.investopedia.com

Tariffs can come in many different forms, shapes, and sizes. Very generally speaking, there are several entities that are at risk to be most impacted by tariffs.

First, tariffs often have a regressive impact, disproportionately affecting lower-income consumers. Since tariffs lead to higher prices for imported goods, individuals with limited financial means, who typically spend a higher percentage of their income on basic necessities, may bear a heavier burden.7


Second, small businesses, particularly those relying on imported materials subject to tariffs, face significant challenges. It's important to consider that small businesses have much different constraints compared to larger companies; these constraints aren't just how much money they make but how much influence they can have when determining policies.8

U.S. Bureau of Labor Statistics. "The Effects of Tariff Rates on the U.S. Economy: What the Producer Price Index Tells Us."


Companies affected by tariffs essentially have three options: Absorb the extra expense, increase prices, or move production to another country. In general, it is believed that Trump’s tariffs did more harm than good, costing companies billions of dollars and reducing the demand for exported goods that were hit with retaliatory tariffs.10

She lied all night long.

 

[ThisIsMe]

What did Trump say that was of substance on debate night?

You know..other than "I have a concept".

? That’s not related to my post.