Mark Levin Blasts Trump Taxation (Tariffs) of American Public

CaughtInTheMiddle · 2018-06-13T18:15:19.179Z

wonderingrover:

To be honest, as high as the stock market is, I am genuinely worried about just how bad it’s going to be when the bubble bursts.

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Hellsbane · 2018-06-13T18:53:52.387Z

We import far more than we export.

Hellsbane · 2018-06-13T18:55:47.012Z

Yea, you are right about us, thats why we got behind Trump in his tax increases… oh… wait…

wonderingrover · 2018-06-13T19:03:07.258Z

Hellsbane:

Yea, you are right about us, thats why we got behind Trump in his tax increases… oh… wait…

I wonder which will be greater - the income tax savings, or the increased cost of goods due to taxation by tariffs? Time will tell. The net effect on disposable income will be the best measure of where people actually are in the long run.

NebraskaFootball · 2018-06-13T19:03:09.798Z

Hellsbane:

Yea, you are right about us, thats why we got behind Trump in his tax increases… oh… wait…

Okay, then why did you get behind Trump and these tax increases on Americans and American businesses?

NebraskaFootball · 2018-06-13T19:04:34.731Z

wonderingrover:

I wonder which will be greater - the income tax savings, or the increased cost of goods due to taxation by tariffs? Time will tell. The net effect on disposable income will be the best measure of where people actually are in the long run.

Seeing as how we have been down this road before, we already know it is the increased cost of goods. And more than that, it will be coupled with a substantial loss of jobs across a whole slew of industries.

PeterGriffin · 2018-06-13T19:08:09.173Z

Illegal_Alien:

■■■■■■■■, many Liberals here have disagreed just because who said it or where it is coming from. big example is Trump he has done things that Liberals should approve of but because it is Trump they don’t like it.
Both Sides do it.

Example(s)?

wonderingrover · 2018-06-13T19:08:59.967Z

NebraskaFootball:

wonderingrover:

I wonder which will be greater - the income tax savings, or the increased cost of goods due to taxation by tariffs? Time will tell. The net effect on disposable income will be the best measure of where people actually are in the long run.

Seeing as how we have been down this road before, we already know it is the increased cost of goods. And more than that, it will be coupled with a substantial loss of jobs across a whole slew of industries.

Yeah, that’s kind of what I was getting at.

Although, I guess - looking at it from a different perspective, you have to have income to have income tax due. So, I guess that presents another way to save on income tax. Though, quite honestly, I don’t find that a good alternative …

NebraskaFootball · 2018-06-13T19:10:04.012Z

wonderingrover:

Yeah, that’s kind of what I was getting at.

Although, I guess - looking at it from a different perspective, you have to have income to have income tax due. So, I guess that presents another way to save on income tax. Though, quite honestly, I don’t find that a good alternative …

Perhaps that is what they are going with here?

Hellsbane · 2018-06-13T19:12:10.439Z

We need a new trade deal. The current ones are not working for us and costing us far more in our manufacturing base than any increase in cost of imported goods. Manufacturing incomes are a lot better than the incomes of bugger flippers.

NebraskaFootball · 2018-06-13T19:16:06.509Z

Hellsbane:

We need a new trade deal. The current ones are not working for us and costing us far more in our manufacturing base than any increase in cost of imported goods. Manufacturing incomes are a lot better than the incomes of bugger flippers.

Okay. So a new trade deal would require negotiations to achieve said trade deal. How does supporting an increase in taxation on Americans and American businesses achieve a negotiated trade deal?

Hellsbane · 2018-06-13T19:26:12.115Z

W
Leave it at " tariffs " and stop trying to push hype. Applying tariffs will work to force new trade deals with those countries that have been shafting us. Better than we currently have. Dwindling manufacturing, lower wages, higher cost of goods (due to THEIR tariffs and cost of goods caps they have our goods)

wonderingrover · 2018-06-13T19:30:14.860Z

I’m thinking they should require at least one year of economics in order to receive a high school diploma.

Then again, at the high school level, you usually don’t have the mathematical skills to really appreciate the beauty of economics until your senior year when you get introduced to calculus.

NebraskaFootball · 2018-06-13T19:32:44.302Z

Hellsbane:

Leave it at " tariffs " and stop trying to push hype. Applying tariffs will work to force new trade deals with those countries that have been shafting us. Better than we currently have. Dwindling manufacturing, lower wages, higher cost of goods (due to THEIR tariffs and cost of goods caps they have our goods)

Tariff is just a fancy word for tax. And tax is exactly what it is. It is not hype to call it by its correct and proper term.

When has applying a tax on imported goods resulted in a new trade deal before? And are you really concerned about dwindling manufacturing and lower wages? What about jobs? Because history has proven time and time again that trade wars and tariffs slapped on whole industries like steel and aluminum will actually result in substantial declines in jobs across a slew of manufacturing industries. It seems like you are okay with dwindling manufacturing and net job losses, if it means a better trade deal as a result.

reflechissez · 2018-06-13T20:38:22.310Z

Hellsbane:

We import far more than we export.

That’s irrelevant to my comment. You’re going around chest beating about how important our imports are to other countries as if $1 trillion in exports is not critical to our economy.

reflechissez · 2018-06-13T20:42:02.212Z

Hellsbane:

We need a new trade deal. The current ones are not working for us and costing us far more in our manufacturing base than any increase in cost of imported goods. Manufacturing incomes are a lot better than the incomes of bugger flippers.

Can you give an example?

Hellsbane · 2018-06-13T23:23:37.049Z

Found this little video on YouTube that explains things better than i can. Pretty much a eye opener.

Hellsbane · 2018-06-13T23:25:23.269Z

Self explanatory.

reflechissez · 2018-06-14T01:38:33.844Z

Hellsbane:

Self explanatory.

If you say so.

LucyLou · 2018-06-17T21:01:57.642Z

NebraskaFootball:

http://www.marklevinshow.com/2018/06/11/june-11-2018/

On Monday’s Mark Levin show, Tariffs are taxes imposed by our government on the American people. We’re not taxing foreign countries – we’re taxing Americans for buying foreign goods. These tariffs are crony capitalism because it benefits certain businesses. The vast majority of businesses don’t benefit from this subsidy taxation (tariffs). It’s the government that benefits from these tariffs, not the people. We still have plenty of steel and aluminum in the US and if we we’re ever under attack, we’d do what we did in WWII and have our American assembly lines produce weapons. We don’t need to buy steel from Canada for a strong national defense. Then, should we have an international minimum wage? Should we compel other countries to pay their workers more wages because they earn less than ours do? The bottom line is that products and services are imported to the US because we want and need them and American products and services are exported because we don’t want or need them and other countries do.

https://www.acast.com/marklevinshow/mark-levin-audio-rewind-61118

On Monday’s show, Levin blasts Trump for his decision to implement taxes (tariffs) on American consumers and businesses. He explains in great detail how horrible the idea is, and how it is a punishment on the American people.

For all of you who are in favor of Trump’s decision to tax American consumers and businesses via tariffs, what say you here? Is Levin just part of the “deep state” looking to take out Trump? Or is Levin right, and all that Trump is doing with these tariffs is engaging in “crony capitalism” as a means to pick winners and losers, the latter of which are American consumers and businesses.

Thoughts?

@conan

Either you missed this thread or avoided it like the plague, but with your latest fail OP, you might want to read this thread and links.