Brain357
Platinum Member
- Mar 30, 2013
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Clearly you do not. Here is Dr Paul again since you are very slow:
Trump, as president, would have no power to tax the Chinese. But he can tax Americans, and that's what a tariff is. American consumers would be forced to pay higher prices for Chinese goods. The tariff would also raise revenues for the U.S. government. In other words, money out of your pocket and into the largest government pockets on earth. Trump, instead of shrinking the gargantuan U.S. government would, with tariffs, bloat it further.
In keeping with government tradition, Trump is essentially promising us "Always Higher Prices". Perhaps he can trademark that along with "Make America Great Again".
Protectionism is very dangerous. When governments get started in trade wars, they all too often lead to actual hot wars.
My God you are one stupid child.
I'm quoting Ron Paul. You think he doesn't understand tariffs? Wow you are stupid. Please explain tariffs.
Ron Paul is an obstetrician-gynecologist. He has been wrong on so many issues, so many times, and his son is learning to be just like him. Forever failure.
A tariff is a tax on imported goods. They do not tax people as was stated. The red text is wrong. The green text is correct.
Given we all buy Chinese goods it is a tax on all of us. And it is worse for the poor than rich.
You admitted it only affects people when they choose to do something. Buy American.
And there are lots of essentials.