RE: LeoThread 2025-04-28 15:13
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Tariffs are a tax on the consumer if they buy imported goods. They increase the cost of goods and services until locally-produced options are the cheapest.
Tax and regulation cuts decrease the price of local production, making goods cheaper to produce. If they become cheap enough, consumers will switch from imported to local (and, if super cheap, maybe actually lower the price of goods).
Any plan to grow local production should focus on tax and regulation reform first. Tariffs should be the last tool in the pro-local toolbox.
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tell that the 🍊 🤡 …
Yeah I've been against tariffs since day one.
I think that the United States could extend it's empire by changing it's empirical ways, going full free trade, and focus on becoming the world's tax haven.
Absolutely. Hopefully the next administration thinks about it.