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>A lot of tax dollars are being left on the table. Indeed, revamping tax laws are definitely on the table. Tariffs will also indirectly and partially compensat
by Dalewyn 2y ago
>A lot of tax dollars are being left on the table.
Indeed, revamping tax laws are definitely on the table. Tariffs will also indirectly and partially compensate for those avoided taxes.
>This will make America weak again. It will put America last.
In the immortal words of our Vice President, "I don't really care, Margaret." I don't want our taxes spent buying condoms for other countries (among many other things) and I don't believe I am the only one.
- zfg 2y ago> Indeed, revamping tax laws are definitely on the table Except it's not on the table. In Trump's first term corporate tax rates declined: https://itep.org/iteps-top-charts-of-2024/ https://itep.org/iteps-top-charts-of-2024/ > Tariffs will also indirectly and partially compensate for those avoided taxes. Tariffs will just get you counter-tariffs. After Trump's direct threats to Denmark, the EU is working on a bundle of counter-tariffs to apply if needed. That will equal lost export revenue as US products get priced out of the market: https://www.newsweek.com/trump-tariff-threat-denmark-showdown-european-union-2013248 https://www.newsweek.com/trump-tariff-threat-denmark-showdow... > "I don't really care, Margaret." It's better to be involved in the world than to be a hermit kingdom. North Korea is a good example.
- Dalewyn 2y ago>In Trump's first term We're in his second term now with a very different landscape and wherever this train is heading it's just getting started. >Tariffs will just get you counter-tariffs. After Trump's direct threats to Denmark, the EU is working on a bundle of counter-tariffs to apply if needed. That will equal lost export revenue as US products get priced out of the market. Good. Denmark policies should be Denmark First, and so on. >It's better to be involved in the world than to be a hermit kingdom. We can be involved in the world without buying condoms for everyone. Note that we're not even talking about the big ones like slashing the Pentagon's budget (yet), we're literally talking about slashing the money spent on buying condoms for Palestine/Mozambique and y'all are already screaming bloody murder. I repeat: I don't really care. I don't want our taxes spent on this bullshit. Period.
- zfg 2y ago> wherever this train is heading it's just getting started. Corporate tax rates won't increase. Review this in four years and you'll see that you were too optimistic. > Denmark policies should be Denmark First, and so on. They are. That's why they're in the EU. It was better to be involved with Europe than be isolated from it. Here's the cost of Brexit so far: https://www.independent.co.uk/news/uk/politics/brexit-cost-statistics-numbers-five-years-eu-b2689655.html https://www.independent.co.uk/news/uk/politics/brexit-cost-s... It's not great. It was the wrong choice. > y'all are already screaming bloody murder. No one is. > I repeat: I don't really care. Nihilism won't get you anywhere. You're not even arguing if the program is effective or not. That's an actual case you can make but it requires taking an interest.