this post was submitted on 27 Oct 2024
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chapotraphouse

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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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[–] [email protected] 48 points 2 months ago (2 children)

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

[–] [email protected] 35 points 2 months ago (1 children)
[–] [email protected] 6 points 2 months ago* (last edited 2 months ago)

the hamberder feast picture, but with banchan and bibimbap

feast-1feast-2

[–] [email protected] 9 points 2 months ago

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

[–] [email protected] 40 points 2 months ago (1 children)

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 🙄

[–] [email protected] 1 points 2 months ago (2 children)

Your money will end up worthless lmfao

[–] [email protected] 12 points 2 months ago

So will this country, which is a good thing!

[–] [email protected] 39 points 2 months ago

Critical support for trump destroying Amerikkka

[–] [email protected] 36 points 2 months ago

Hell yeah, full support to the destruction of the US dollar

[–] [email protected] 32 points 2 months ago

Accelerationist Trump is my favourite bit.

[–] [email protected] 29 points 2 months ago

Imagine how many jobs in the smuggling industry Trump would create if he did this lmao. If he wins the election I might have to buy a boat.

[–] [email protected] 26 points 2 months ago

Trump's out to instantly wither the state and have the ultimate claim that he beat the communists to the finish line

[–] [email protected] 26 points 2 months ago (3 children)

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

[–] [email protected] 27 points 2 months ago (1 children)

turnover tax

They better not tax empanadas

[–] [email protected] 22 points 2 months ago (1 children)
[–] [email protected] 13 points 2 months ago

Imagine if you could tax internet drama directly to fund your socialist state.

[–] [email protected] 23 points 2 months ago (1 children)

I should just start reposting things I said in the past

[–] [email protected] 17 points 2 months ago* (last edited 2 months ago)

Damn the Wikipedia entry on that subject is tiiiiiiny. The first page of other internet results on it include an askhistorians thread that doesn't have very much to add, a Trotskyist article that says a lot but very little on the tax system itself, and an archived article on jstor from 1927 (!!) that I'd need a school account to read.

Maybe I should read the book that the wikipedia article cites? Or maybe I should pick a more recent book on the subject. I've got a lot of books on my list already, some which overlap on this subject, so it'll be a while either way.

[–] [email protected] 11 points 2 months ago (1 children)

Taxing intermediate goods seems economically inefficient.

[–] [email protected] 15 points 2 months ago (2 children)

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

[–] [email protected] 7 points 2 months ago* (last edited 2 months 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.

[–] [email protected] 3 points 2 months ago (1 children)

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.

[–] [email protected] 7 points 2 months ago (1 children)

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

?

[–] [email protected] 5 points 2 months 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.

[–] [email protected] 20 points 2 months ago

This is hilarious, please do it mr trump, it would be very funny and a very good idea!

[–] [email protected] 16 points 2 months ago

he doubled down on this statement by literally saying "yeah, sure, why not?" to joe rogan. america is a joke.

[–] [email protected] 6 points 2 months ago