SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (126844)12/22/2016 2:50:41 PM
From: Elroy Jetson  Read Replies (3) of 217707
 
We'll never see a trade protectionist scheme introduced by America, not even while Trump is President.

In spite of what Trump wants, legislators are pro-free-trade. Everyone know a protectionist scheme would recreate the Great Depression.

Trump has merely been prattling on about how the 15% Value Added Tax (VAT - a type of sales tax) somehow gives other nations an export advantage - I don't know if Trump is actually that ignorant or whether this is yet another way he hopes to swindle his white negro supporters.

While there is no VAT imposed on goods sold in the United States, a VAT is imposed by China, Mexico, Europe, Australia, and just about everywhere else. Somehow in his deluded scheming mind he's convinced charging their own citizens a 15% VAT tax on everything they purchase somehow gives exports from thee countries "a big advantage", because this tax is rebated on exports but also applies to imported US goods when they're sold in those nations.

He's either so fucking stupid he thinks imposing a 15% national VAT in the United States would somehow help US exports, or he's so devious he thinks he can impose a new 15% tax while his white negro supporters are convinced this has something to do with saving their jobs.

A 15% VAT tax would raise more than enough money to give Medicare coverage to every many woman and child in the United States by taking away 15% of every Dollar Americans spend in America, but this new 15% tax would not hinder imports to the US or benefits exports from the US.

Watch what actually happens - everything the orange clown says is theatrics which have no connection to the real world.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News