Tariffs tax burden higher than ACA

xenon
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xenon
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9:17 PM - Oct 10, 2018 #1

https://www.washingtonexaminer.com/opin ... care-taxes

What's the game board here? This'll hinder investment in China, but supply chains can be inflexible in the short term.

How long can/should Americans pay higher taxes - and to what end?
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Copper
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9:29 PM - Oct 10, 2018 #2

Survival.

Wealth transfer can't continue forever.
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Mikhailoh
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9:39 PM - Oct 10, 2018 #3

Not to mention that ACA has been largely gutted.  
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xenon
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9:47 PM - Oct 10, 2018 #4

The ACA is just an arbitrary benchmark chosen by this author.

The real point is that this has started to hit the pocket book of Americans. Is it working, will it work? Do we have the resolve to wait for supply chains to shift? (I.e. will people start buying goods that aren't made in China? Is there an alternative? Will the iPhone shift production to another country?)

Our trade deficit keeps growing (which makes sense given a growing economy) do you expect to see this trend reverse? (Since this is the metric that the President has chosen to focus on)

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Jolly
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10:02 PM - Oct 10, 2018 #5

As somebody who bought a dishwasher this week and was acutely aware of parts availability due to a Kenmore (Daewoo) refrigerator, I wanted that sucker made or assembled in the USA.
The main obstacle to a stable and just world order is the United States.- George Soros
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Mikhailoh
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10:48 PM - Oct 10, 2018 #6

No, it's not arbitrary at all. It was chosen to stir **** up as usual. 
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jon-nyc
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10:56 PM - Oct 10, 2018 #7

xenon wrote: Is it working, will it work? 
The question is somewhat defective because we don’t agree on what it means for it to ‘work’.   
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xenon
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12:03 AM - Oct 11, 2018 #8

Mikhailoh wrote:No, it's not arbitrary at all. It was chosen to stir **** up as usual. 
Sure - but to be fair this is an article from the Examiner and the guy writing it is hardly a Democrat (I think - could be wrong)
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Jolly
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12:08 AM - Oct 11, 2018 #9

I'm not protectionist to a fault, but I've never been a free trader...Not unless the market between countries is totally impartial and fair. Also, you have to factor in the strategic concerns, such as industries we simply must have...Things like steel, energy, technology.
The main obstacle to a stable and just world order is the United States.- George Soros
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Mikhailoh
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12:14 AM - Oct 11, 2018 #10

If we dont have them we guarantee the next war goes nuclear in a big hurry. 
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