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The idea would be that different parts of the supply chain would build factories in the US to avoid tariffs. Money collected on tariffs would be redistributed i

The idea would be that different parts of the supply chain would build factories in the US to avoid tariffs. Money collected on tariffs would be redistributed in the form of tax cuts. The end goal would be 0% corporate and income taxes, funded with high tariffs. Over time the US re-industrializes.

re-thc 2y ago
> The idea would be that different parts of the supply chain would build factories in the US to avoid tariffs. Right, because the US doesn't have diamonds, vanilla, coffee beans or the many other things it needs? How do you avoid tariffs like this? The US still needs fish from the penguins. What's the plan? To tell penguins to stop fishing and come to the US and work in factories? > The end goal would be 0% corporate and income taxes, funded with high tariffs. Well you have that right. When there's 0% of the people working no 1 will be paying corporate and income tax. It'll just crash. > Over time the US re-industrializes. Like it's gone? You do know the US is the 2nd largest global manufacturer right? That is even today. So do we need to blow that up 1st in order to re-industrialize?
mcculley 2y ago
No such plan has been documented. This is just wishful thinking.
- monero-xmr 2y ago
  I am giving the steel man of why this may work. Whether it does or not, well, you can play the stock market as well as anyone
  - mcculley 2y ago
    You are constructing a fantasy.
cyberax 2y ago
> The idea would be that different parts of the supply chain would build factories in the US to avoid tariffs. Building a factory is a 3-5 year task, with a decade-long payback time. And at any point, tariffs can be removed, making all that investment futile. And even then, there's no guarantee that the factory is going to help people. If it's a lights-out facility staffed with robots, then it'll just be producing more expensive goods, with all the profits staying in its owners' pockets. > Over time the US re-industrializes. Or just becomes another Argentina.
grey-area 2y ago
Who would trust the US after this? Why would a company build a factory in a lawless state run by a moron like this who thinks blanket tariffs work and could replace taxes? No part of your plan will happen.

re-thc 2y ago

> The idea would be that different parts of the supply chain would build factories in the US to avoid tariffs. Right, because the US doesn't have diamonds, vanilla, coffee beans or the many other things it needs? How do you avoid tariffs like this? The US still needs fish from the penguins. What's the plan? To tell penguins to stop fishing and come to the US and work in factories? > The end goal would be 0% corporate and income taxes, funded with high tariffs. Well you have that right. When there's 0% of the people working no 1 will be paying corporate and income tax. It'll just crash. > Over time the US re-industrializes. Like it's gone? You do know the US is the 2nd largest global manufacturer right? That is even today. So do we need to blow that up 1st in order to re-industrialize?

mcculley 2y ago

No such plan has been documented. This is just wishful thinking.

monero-xmr 2y ago
I am giving the steel man of why this may work. Whether it does or not, well, you can play the stock market as well as anyone
- mcculley 2y ago
  You are constructing a fantasy.

cyberax 2y ago

> The idea would be that different parts of the supply chain would build factories in the US to avoid tariffs. Building a factory is a 3-5 year task, with a decade-long payback time. And at any point, tariffs can be removed, making all that investment futile. And even then, there's no guarantee that the factory is going to help people. If it's a lights-out facility staffed with robots, then it'll just be producing more expensive goods, with all the profits staying in its owners' pockets. > Over time the US re-industrializes. Or just becomes another Argentina.

grey-area 2y ago

Who would trust the US after this? Why would a company build a factory in a lawless state run by a moron like this who thinks blanket tariffs work and could replace taxes? No part of your plan will happen.