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.

top 22 comments

sorted by: hot top controversial new old

[–] plinky@hexbear.net 40 points 2 months ago (1 children)

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

[–] FuckyWucky@hexbear.net 8 points 2 months ago

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

[–] AmericaDelendaEst@hexbear.net 35 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 🙄

[–] aStonedSanta@lemm.ee 2 points 2 months ago (1 children)

Your money will end up worthless lmfao

[–] anarchoilluminati@hexbear.net 9 points 2 months ago

waow-based

[–] Parsani@hexbear.net 33 points 2 months ago

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

[–] QuillcrestFalconer@hexbear.net 32 points 2 months ago

Critical support for trump destroying Amerikkka

[–] Collatz_problem@hexbear.net 31 points 2 months ago

Accelerationist Trump is my favourite bit.

[–] SSJ3Marx@hexbear.net 25 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.

[–] CarbonScored@hexbear.net 23 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

[–] Coolkidbozzy@hexbear.net 23 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)

[–] Bobson_Dugnutt@hexbear.net 23 points 2 months ago (1 children)

turnover tax

They better not tax empanadas

[–] SpiderFarmer@hexbear.net 21 points 2 months ago (1 children)

Just the bad ones.

[–] SSJ3Marx@hexbear.net 12 points 2 months ago

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

[–] Coolkidbozzy@hexbear.net 18 points 2 months ago (1 children)

I should just start reposting things I said in the past

[–] SSJ3Marx@hexbear.net 15 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.

[–] alcoholicorn@lemmy.ml 9 points 2 months ago (1 children)

Taxing intermediate goods seems economically inefficient.

[–] Coolkidbozzy@hexbear.net 14 points 2 months ago (1 children)

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

[–] alcoholicorn@lemmy.ml 6 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.

[–] SkingradGuard@hexbear.net 18 points 2 months ago

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

[–] windowlicker@hexbear.net 14 points 2 months ago

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

[–] Des@hexbear.net 6 points 2 months ago

Liv Agar