rcs1000

The question is whether you can replace income tax on all people with incomes below $150,000 with tariffs. And the answer is no, because a 25% tariff wouldn't raise enough money, unless US government… (View Post)

The rest of the world really should just ignore Trump's tariffs gyrations: they do far more damage to the US economy than to other countries. (View Post)

You remain under this delusion that America is full of empty factories with workers standing by, just ready to provide Americans with goods if only there were tariffs! (View Post)

No. Do you remember all those people saying "if we just imposed a 1% tax on all share transactions, we could fund everything". It was a big cause celebre in left wing circles post the GFC. … (View Post)

Yep, I think the vote shares will be something like 40 / 25 / 20 (View Post)