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346 points Kye | 1 comments | | HN request time: 0.202s | source
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cheema33 ◴[] No.45016963[source]
This needs to be repeated. Tariffs are a tax on ordinary citizens. Unlike regular taxes, tariffs are not progressive and therefore benefit the wealthy.

These are the sort of things the poor and middle class voted for. To make the rich, richer. And then turn around and complain that rich are getting richer and they are getting poorer.

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pessimizer ◴[] No.45018312[source]
> This needs to be repeated. Tariffs are a tax on ordinary citizens. Unlike regular taxes, tariffs are not progressive and therefore benefit the wealthy.

No, people need to stop repeating it, because it's an extremely stupid anti-tax argument. Tariffs are meant to onshore production and raise wages. Telling half the story is simply lying. You might as well complain about buying food because it costs money. You might as well complain about all consumption because consumption is regressive.

The problem isn't tariffs, you can send that money to poor people. The problem is that nobody cares about poor people, including Trump. A lack of tariffs isn't going to make America moral.

One of the only things Trump is doing unbelievably well on is trade. Tariffs haven't been damaging at all. They should be more damaging, but the US is so dependent on foreign poverty that we have to leave any tariff scheme as filled with holes as swiss cheese. The fact is our manufacturing is so based in the exploitation of low-rights and low paid workers from other countries that entire industries would immediately start failing if we ended up in a real trade war with e.g. China.

> To make the rich, richer. And then turn around and complain that rich are getting richer and they are getting poorer.

These are Koch brothers policies you're advocating as if they're social justice. The reason why every capitalist you know is complaining about tariffs isn't because they make the rich richer (by some method yet to be explained.)

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1. Spooky23 ◴[] No.45020218[source]
I’d hold judgement on that. The American empire is built on global trade. We tax the world with the dollar, and we’re killing the golden goose.