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Do tariffs on them = taxes on us?
Hope this does not belong in PARF. If so please move it.
If we impose tariffs on a foreign country they pay them = more money in our treasury. They then will pass the increased cost along to the consumer = us. The higher price we pay is then in effect the same as a tax increase on the consumer. Is my reasoning wrong somewhere? |
Yes, additional tax on us.
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It's not a tax on "them", but on goods from them, paid by the US consumer.
And it's just as stoooopid as it always has been :(. You can tax China furniture 1000% more....but it's not coming back here..never. Just higher prices... |
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so made in USA furniture can be made at a profit if the tax/tariff is over that point but in the real world they just shift to thai or viet production and unless we tax/tariff all furniture imports production will not come back SmileWavy |
cant wait to eat a $5 avocado!!
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We have plenty of Avocado's here in Florida, we try to buy local and support our local farmers as much as we can. We do this with all our food purchases. We purchase from our local green market every Sunday, we use local produce stands and farmer co-ops to buy our proteins. I am fairly confident my price paid fro Avocado's will remain the same. |
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Furniture manufactoring left this area...it's NEVER coming back...nope! |
China has abused trade for decades.
Currently 15% tariff of auto and auto part imports. Want to open a factory in China. Gonna be a joint venture with forced transfer of technology. Limits on emissions. China shoots you the bird. Environmental standards. Forget it. Sweat shops. China loves em. Illegal immigration. Read up on the massive protests going on in Hong Kong. Less spending on US military. China has a goal to be the world power by 2050. Using our money. Product dumping. The EU currently has tarriffs on dumped Chinese steel. In nearly all instances the things we want our society to accept China is 180 degrees away. All for a less expensive IPhone |
Want to open a factory in China. Gonna be a joint venture with forced transfer of technology.
This is the part that I've never understood. I can imagine the American CEO saying to himself "Yeah, they're going to steal our IP and clone our products within 5 years, but I get a new yacht, so it's all good" |
It's only a tax on consumers if the consumers choose to pay the tax.
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In a trade imbalance the cost is also passed on to the consumer as the consumer loses power and control to a foreign power.
Yes, a tarrif on Chinese imported steel raises the price of cheap screws. But that is not the only potential change. The short term change for suppliers unable to change sources or raise prices spells trouble. With the USA, the Tarriffs that keep being brought up are primarily tools used for countries that are not acting as our friends. These are meant to bring about a change in attitude than any other purpose. When the table is no longer tilted, their time will fade. |
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Thank God somebody here gets it... |
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It is only a tax if you continue to buy the item regardless of the higher prices. Hopefully, leveling the playing field a bit would encourage U.S. manufacture and although the prices might be slightly higher, tariffs collected and taxes on U.S.-manufactured goods, U.S. employees making them, etc...would ease taxes nd the deficit/debt.
As it is, we are helping China build a military to confront our own. If they buy more offense, we must buy more defense. |
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or if you buy something that has the items (parts) in it - like a car
China has been cheating outright and/or gaming the system for decades - something needed to be done, tho not sure if this it BTW, robots can manf. furniture... |
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