Obviously the deep state won't let him do this. (hexbear.net)

submitted 2 years ago* (last edited 2 years ago) by FuckyWucky@hexbear.net to c/chapotraphouse@hexbear.net

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https://x.com/Liv_Agar/status/1850375879005999596

Please do it Mr President. Imagine how high the tariffs have to be. Close to like 50-80% maybe? On all imports. That'll cut purchasing power so much.

And how effective will the tariff collection be compared to income tax? All the income tax workers will have to be transferred to customs. If the efficiency isn't similar, then US Dollar might have issues.

And it is much easier as of right now to evade customs and tarrifs than income taxes. You can undervalue very easily.

And with exports of China shrinking because of tariffs they'll be forced to increase domestic demand.

Trump really hates Amerikkka.

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[-] plinky@hexbear.net 48 points 2 years ago

trump after meeting kim jong un have learned about self-sufficiency theory-gary

[-] ksynwa@lemmygrad.ml 35 points 2 years ago

Trump juche arc

[-] miz@hexbear.net 6 points 2 years ago* (last edited 2 years ago)

the hamberder feast picture, but with banchan and bibimbap

feast-1 feast-2

[-] FuckyWucky@hexbear.net 9 points 2 years ago

Too bad he didn't tell him about material conditions (or trollface )

[-] AmericaDelendaEst@hexbear.net 40 points 2 years ago

honestly cool i'll love not paying taxes, not like the federal government does dick all for me with my money. If they wanna bomb iran they can pay for it, lmao

Nobody needs to tell me how taxes work or are necessary for a functioning state, I already know, I've played more victoria 3 than you scrubs, but we're paying taxes and we don't even get a functioning state out of it 🙄

[-] aStonedSanta@lemm.ee 1 points 2 years ago

Your money will end up worthless lmfao

[-] 666@lemmygrad.ml 12 points 2 years ago

So will this country, which is a good thing!

[-] anarchoilluminati@hexbear.net 9 points 2 years ago

waow-based

[-] QuillcrestFalconer@hexbear.net 39 points 2 years ago

Critical support for trump destroying Amerikkka

[-] Collatz_problem@hexbear.net 32 points 2 years ago

Accelerationist Trump is my favourite bit.

[-] Coolkidbozzy@hexbear.net 26 points 2 years ago

I'm wondering if he means a turnover tax, like the USSR (they and the DPRK abolished income tax)

[-] Bobson_Dugnutt@hexbear.net 27 points 2 years ago

turnover tax

They better not tax empanadas

[-] SpiderFarmer@hexbear.net 22 points 2 years ago

Just the bad ones.

[-] Coolkidbozzy@hexbear.net 23 points 2 years ago

I should just start reposting things I said in the past

[-] alcoholicorn@lemmy.ml 11 points 2 years ago

Taxing intermediate goods seems economically inefficient.

[-] Coolkidbozzy@hexbear.net 15 points 2 years ago

Do you think that economic efficiency is the most important outcome of tax policy?

[-] alcoholicorn@lemmy.ml 7 points 2 years ago* (last edited 2 years ago)

Yes, though other considerations such as practicality affect what's most efficient; a perfectly ideal system isn't the most efficient if there's no means or political will to implement it.

[-] Sodium_nitride@lemmygrad.ml 3 points 2 years ago

Why shouldn't it be? There are other ways to control inequality for a socialist state (since they control wages). All taxes (and rent, interest, profit) in a country are ultimately paid out on nation's labor. Taxing wages directly is the most sensible way of levying taxes as it doesn't have the risk of distorting the economy in unexpected/unwanted ways, and you can use progressive income taxes to readjust inequality.

[-] Runcible@hexbear.net 7 points 2 years ago

There are other ways to control inequality for a socialist state (since they control wages)

[-] Sodium_nitride@lemmygrad.ml 5 points 2 years ago

Both the ussr and dprk control all/most firms in the economy. If they think that there is too much inequality in the existing wage structure, they can easily change it. As an example, the Chinese government implemented a salary limit on super high income earners in the state owned finance sector.