Tariffs are corporate taxes on foreign corporations.
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Robert R. (iloveamericanews@noauthority.social)'s status on Monday, 03-Feb-2025 19:35:34 JST Robert R.
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pat (thatcrazydude@noauthority.social)'s status on Monday, 03-Feb-2025 19:41:52 JST pat
@ILoveAmericaNews they really are, aren't they. But the other side isn't wrong either when they say that it's the people who buy stuff pay the tariffs.
Then again, historically speaking, blanket tariffs were exactly the thing that enabled the US government to not impose income taxes on it's citizens, so.... Perhaps not the worst business model after all 🤔 -
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Robert R. (iloveamericanews@noauthority.social)'s status on Monday, 03-Feb-2025 23:14:33 JST Robert R.
America has advantages that we haven't been using. Energy is one example.
America can bring our energy cost down way below what they have in China if we get rid of stupid regulation and start building nuclear again.
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pat (thatcrazydude@noauthority.social)'s status on Monday, 03-Feb-2025 23:14:34 JST pat
@KK954 @ILoveAmericaNews that's the concept, yeah. But the fact is that them foreign companies can only undercut the domestic companies because they offer products that are cheaper, which means that if you get rid of them, you pay more, obviously.
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KK954 (kk954@nicecrew.digital)'s status on Monday, 03-Feb-2025 23:14:35 JST KK954
But the foreign company can't necessarily pass it along and remain competitive. The idea is to protect our American companies from foreign companies undercutting their prices.
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