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In theory, tariffs have the potential to bring back jobs to a highly industrialized nation like the US, benefitting the poor with more and better jobs. Income t
by glimshe 2y ago
In theory, tariffs have the potential to bring back jobs to a highly industrialized nation like the US, benefitting the poor with more and better jobs. Income tax can't do that.
- qingcharles 2y agoNobody is going to build a manufacturing plant knowing that Trump is only using the tariffs as leverage and they will be rescinded next week. Most of the tariffs he signed in are already gone. And even if they stay during Trump they might get killed in two or four years if the gov shifts sides.
- glimshe 2y agoIf that's true, the tariffs won't be a tax on the poor either.
- qingcharles 2y agoTrue. Or at least, only for a short time.