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return2ozma@lemmy.world to News@lemmy.world · 2 years ago

Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

www.cnbc.com

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Trump floats eliminating U.S. income tax and replacing it with tariffs on imports

www.cnbc.com

return2ozma@lemmy.world to News@lemmy.world · 2 years ago
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Trump also talked about using tariffs to leverage negotiating power over bad actors, a source told CNBC.
  • Hobbes_Dent@lemmy.world
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    2 years ago

    More getting other countries to pay for things I see. The hubris I swear.

    • BlameThePeacock@lemmy.ca
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      2 years ago

      Other countries don’t pay tariffs, people who buy the products do. So regular people.

      • Guy_Fieris_Hair@lemmy.world
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        2 years ago

        Rich people pay people to design a product, without having to pay their employees income tax> send it overseas to be built > when the product comes back all the consumers pay a ridiculous amount for necessities because the cost of the terrif is absorbed into the price of the product. In the long run, consumers pay the tax in a different form, but the wealthy don’t have to pay that chunk that the employer matches.

    • tal@lemmy.today
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      2 years ago

      He only can get one more term, so I suppose he can promise whatever at this point. It’s not like he’s got credibility consequences for lack of follow through at this point.

      The swing states and their votes are:

      https://www.270towin.com/

      Nevada (6), Arizona (11), Wisconsin (10), Michigan (15), Pennsylvania (19), and Georgia (16).

      He needs 38 electoral votes out of that.

      Michigan+Pennsylvania+Wisconsin would do it on their own, and they’re all Rust Belt states, so I figure that promising protectionist policy on manufacturing is probably gonna sell well there.

      https://projects.fivethirtyeight.com/polls/pennsylvania/

      https://projects.fivethirtyeight.com/polls/wisconsin/

      https://projects.fivethirtyeight.com/polls/michigan/

      • Stovetop@lemmy.world
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        2 years ago

        He only can get one more term

        Until the corrupt Supreme Court decides to adopt the “unconstitutional constitutional amendment” doctrine and gets rid of that pesky 22nd amendment.

        Moot point though because the old fuck will probably die before a third term is even on the table.

        • Fuzemain@lemmy.world
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          2 years ago

          SCOTUS wouldn’t rule that. The whole idea of a corrupt judiciary is just a back lash at originalism gaining favor over living constitutionalism. They aren’t ‘evil’ they just don’t have a judicial philosophy from the 1960s.

          • cartoon meme dog@lemm.ee
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            2 years ago

            if you don’t think (at least) Thomas, Alito, Barrett, and Kavanuagh are outright malevolent self-serving sociopathic evil - you haven’t been paying any attention.

      • grue@lemmy.world
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        2 years ago

        He only can get one more term

        I’ll just leave these here:

        https://www.cbsnews.com/news/vladimir-putin-president-russia-signs-law-allowing-2-more-presidential-terms/

        https://www.bbc.com/news/world-asia-china-43361276

        • valaramech@fedia.io
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          2 years ago

          The US Constitution prevents this: https://constitution.congress.gov/constitution/amendment-22/

          • grue@lemmy.world
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            2 years ago

            You say that as if the rule of law matters in a dictatorship.

      • hydrospanner@lemmy.world
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        2 years ago

        It’s not like he’s got credibility consequences for lack of follow through at this point.

        Implying there was ever a point where this wasn’t true.

    • dan1101@lemm.ee
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      2 years ago

      That is his dream for everything, it’s how he lives his sham life. And it causes a lot of issues along the way but what does he care, he has a jet and his name on a skyscraper.

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