THE TRUMP 2024 THREAD

[Thebrownblob]

So how do you explain Vietnam?

We buy $150 billion worth of goods from them, they buy $10 billion from us

They had 1% tariff and we just put a 50% tariff on them

Poor Nike I hope those indentured servants making their shoes that they sell here for exorbitant prices still have a job.

 

[Doublestandards]

Perfectly fine with the tariffs if we get rid of the federal income tax. According many this is where Trump is moving so naturally, there will be a tariff on every nation. 10% being the minimum although I had originally heard it was 20%.

CAN TARIFFS REPLACE THE INCOME TAX?​

Simply put, no. Tariffs are levied on imported goods, which totaled $3.1 trillion in 2023. The income tax is levied on incomes, which exceed $20 trillion; the US government raises about $2 trillion in individual and corporate income taxes at present. It is literally impossible for tariffs to fully replace income taxes. Tariff rates would have to be implausibly high on such a small base of imports to replace the income tax, and as tax rates rose, the base itself would shrink as imports fall, making Trump’s $2 trillion goal unattainable

This data says that tariffs can not replace income tax, do you have numbers that show otherwise?

 

[Doublestandards]

Perfectly fine with the tariffs if we get rid of the federal income tax. According many this is where Trump is moving so naturally, there will be a tariff on every nation. 10% being the minimum although I had originally heard it was 20%.

Also, originally Trump said the tariffs were to stop the flow of fentanyl.

Then the tariffs were to replace income tax

Now it’s because of unfair trade (which we found out to not be true)

Why does it keep changing? Why the misdirection and misinformation?

Also, if the goal of the tarrifs are to bring manufacturing back to America, how would tariffs help replace the income tax at that point?

 

[Thebrownblob]

CAN TARIFFS REPLACE THE INCOME TAX?​

Simply put, no. Tariffs are levied on imported goods, which totaled $3.1 trillion in 2023. The income tax is levied on incomes, which exceed $20 trillion; the US government raises about $2 trillion in individual and corporate income taxes at present. It is literally impossible for tariffs to fully replace income taxes. Tariff rates would have to be implausibly high on such a small base of imports to replace the income tax, and as tax rates rose, the base itself would shrink as imports fall, making Trump’s $2 trillion goal unattainable

This data says that tariffs can not replace income tax, do you have numbers that show otherwise?

Simply put that’s an old article and you posted it already. it certainly can replace the federal income tax. Especially if it’s use in conjunction with either a flat tax or consumption tax.

 

[Doublestandards]

Simply put that’s an old article and you posted it already. it certainly can replace the federal income tax. Especially if it’s use in conjunction with either a flat tax or consumption tax.

Can you please show me the new data that shows otherwise?

So we’re going to have tariffs on goods as high aa 50% and then also raise sales taxes on top of that? That sounds like a lovely plan for the rich and a a terrible one for the working class

 

[Thebrownblob]

Also, originally Trump said the tariffs were to stop the flow of fentanyl.

Then the tariffs were to replace income tax

Now it’s because of unfair trade (which we found out to not be true)

Why does it keep changing? Why the misdirection and misinformation?

Also, if the goal of the tarrifs are to bring manufacturing back to America, how would tariffs help replace the income tax at that point?

Fentanyl against Canada in Mexico directly since there are neighbors. I don’t really buy the whole Canada fentanyl thing. Mexico sure

Tariffs would eventually go away and there would be a flat tax. Federal payroll tax and filing are onerous and unnecessary.

 

[Sportello]

They really take you for idiots.

Guy who makes $40 million/year says you’ll be fine.

 

[newfie]

Fentanyl against Canada in Mexico directly since there are neighbors. I don’t really buy the whole Canada fentanyl thing. Mexico sure

when trump took power and sealed the borders the cartels started moving the fentanyl through the canadian border.

 

[Sportello]

when trump took power and sealed the borders the cartels started moving the fentanyl through the canadian border.

Now you’re just making things up

 

[Box Ox]

when trump took power and sealed the borders the cartels started moving the fentanyl through the canadian border.

Are they moving it from Mexico to Canada and back down now?

 

[newfie]

Are they moving it from Mexico to Canada and back down now?

starts in china and is moving it to us through multiple entry points and intermediarys including india, canada and mexico.
Trump is often the first to say something and often ridiculed for until latter proven right. I dont question anything like this that he says anymore.

this information is dated but the flow pattern is consistent and adjustable so as the US seals off one entry point the flow can be and has been redirected to other entry points
at some point we have to go to the original source and that maybe part of what trump is doing with these tariffs. china needs us to buy their cheap crap. Trumps tariff solution for china is probably two pronged . trade and fentanyl

 

[Box Ox]

when trump took power and sealed the borders the cartels started moving the fentanyl through the canadian border.

Are they moving it from Mexico to Canada and back down now?

starts in china and is moving it to us through multiple entry points and intermediarys including india, canada and mexico.
Trump is often the first to say something and often ridiculed for until latter proven right. I dont question anything like this that he says anymore.

this information is dated but the flow pattern is consistent and adjustable so as the US seals off one entry point the flow can be and has been redirected to other entry points
at some point we have to go to the original source and that maybe part of what trump is doing with these tariffs. china needs us to buy their cheap crap. Trumps tariff solution for china is probably two pronged . trade and fentanyl

The Mexican cartels are having fentanyl precursors shipped from China to Canada and manufacturing it there?

 

[vantexan]

i wonder if that rule applies if he's not getting paid.

Heard that several times that he's leaving at 130 days because of the special employee rules. If his team has done about all they can do then might be a good thing to not give the libs a point to harp on.

 

[vantexan]

Also, originally Trump said the tariffs were to stop the flow of fentanyl.

Then the tariffs were to replace income tax

Now it’s because of unfair trade (which we found out to not be true)

Why does it keep changing? Why the misdirection and misinformation?

Also, if the goal of the tarrifs are to bring manufacturing back to America, how would tariffs help replace the income tax at that point?

It's all the above.

 

[vantexan]

The Mexican cartels are having fentanyl precursors shipped from China to Canada and manufacturing it there?

Fentanyl coming through Canada, especially from British Columbia, has been a thing for years now.

 

[Box Ox]

when trump took power and sealed the borders the cartels started moving the fentanyl through the canadian border.

The Mexican cartels are having fentanyl precursors shipped from China to Canada and manufacturing it there?

Fentanyl coming through Canada, especially from British Columbia, has been a thing for years now.

Now Mexican cartels have actually been sending fentanyl through Canada for years?

 

[Doublestandards]

Also, originally Trump said the tariffs were to stop the flow of fentanyl.

Then the tariffs were to replace income tax

Now it’s because of unfair trade (which we found out to not be true)

Why does it keep changing? Why the misdirection and misinformation?

Also, if the goal of the tarrifs are to bring manufacturing back to America, how would tariffs help replace the income tax at that point?

It's all the above.

Ok so the tariffs are because of fentanyl at the border. So the goal of the tariffs is to pressure them to close the border with more security, with objective of getting the tariffs removed

But the tariffs are also to bring manufacturing back home and end unfair tariffs against us? And to remove the income tax by replacing them with tariffs? If tariffs are good for us why would we remove them? And if we’re not going to remove them why would other countries negotiate with us using them as a bargaining chip?

These plans don’t work together and doesn’t make sense

 

[vantexan]

Now Mexican cartels have actually been sending fentanyl through Canada for years?

I don't know if it's Mexican cartels or Asians dealing with Asian gangs in Vancouver.

 

[vantexan]

Ok so the tariffs are because of fentanyl at the border. So the goal of the tariffs is to pressure them to close the border with more security, with objective of getting the tariffs removed

But the tariffs are also to bring manufacturing back home and end unfair tariffs against us? And to remove the income tax by replacing them with tariffs? If tariffs are good for us why would we remove them? And if we’re not going to remove them why would other countries negotiate with us using them as a bargaining chip?

These plans don’t work together and doesn’t make sense

Trump was talking tariffs on Canada before he announced these worldwide tarriffs. He wanted Canada to shut down the fentanyl flowing over the border as well as get Canada to open up their market to American products and financial services.

 

[Sportello]

when trump took power and sealed the borders the cartels started moving the fentanyl through the canadian border.

Now Mexican cartels have actually been sending fentanyl through Canada for years?

I don't know if it's Mexican cartels or Asians dealing with Asian gangs in Vancouver.

https://www.usnews.com/news/national-news/articles/2025-04-04/how-much-fentanyl-is-coming-from-canada-mexico-and-china-fact-checking-trumps-tariff-justification