
| First, I hear generate enough tax revenue to replace income tax. I would be for that except I cannot see our total of 3.35 trillion dollars in imports ever generating 2.6 trillion dollars in tax revenue to replace income tax.
Then I hear it's to bring manufacturing back to the USA. But manufacturing left the USA because other counties could produce the goods for less. So, we are going to use tariffs to make imported goods cost so much that US companies can invest in new plants and now sell the same goods a price that is now profitable. But if that happens then tariff revenue goes to zero and my income tax cut is gone and everything costs more.
How about fair trade? What is that? Each country buys equal $ from us that we buy from them. Never happen think about it name one business you have equal trade with. If you sell corn to the ethanol plant, do you spend any equal number of dollars for goods or services from them? How about no restrictions to trade like quotas, embargos, tariffs, and emigration restrictions. let's bring in a bunch of Chinese EV cars at 1/2 the price of a Tesla or worst yet let in a bunch of immigrants willing to work for minimum wage.
Last to punish all those countries for screwing us over by selling us more than we bought from us. Why did we buy it in the first place? Was it cheaper or only available there or just better. We pay the tariffs on our imports so how does that do anything but raise our costs? |