2 ms·
That's not a tariff that's a tax. If you start taxing foreign entities different from local you are violating all sorts of treaties and depending on how the law
by rafaelmn 2y ago
That's not a tariff that's a tax. If you start taxing foreign entities different from local you are violating all sorts of treaties and depending on how the laws are written it could be unconstitutional discrimination (once you start talking about foreign ownership etc.)
- coldtea 2y ago>That's not a tariff that's a tax. A tarrif is a tax. Doesn't have to be on physical products or be applied at the customs office. >If you start taxing foreign entities different from local you are violating all sorts of treaties and depending on how the laws are written it could be unconstitutional discrimination (once you start talking about foreign ownership etc.) Nothing that couldn't be overcome. Those treaties didn't exist at one point, and wont exist on another point.
- rafaelmn 2y agoThat's like saying we should start supplying Ukraine with nukes because we're already supplying them weapons. Logically they are both weapons, but in real world one of those options ends with a nuclear armageddon. Implementing anti US tax is escalating the tarrif posturing to a full blown trade war.