Posted on Jan 23, 2017
Trump pledges major 'border tax' in CEO meeting at the White House
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Posted 8 y ago
Responses: 4
I think it's unfair of companies who ship jobs over seas to ship products back to the US and charge the government full price for that product. It's going to be "Want to sell product here? Make the products over here." Or pay a price to have it imported in. Which would make American made products able to competitively compete with out of the country product prices.
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SGT William Howell
Austin Hocutt I agree with you completely. Being much older than you I do remember that Jimmy Carter said the same thing about Japaneses cars in the late 70's. He place a tax on those cars so they would be more expensive than American cars giving an incentive to buy American. Instead of the Big 3 using this tax to sell cars to Americans at reasonable prices, they just raised the price of domestic cars to that of imports for a lager profit. So there was zero benefit for us.
If this tax goes into place there needs to be some regulation keeping domestic producers from unnecessarily raising the prices for no other reason than they can. There is no benefit for the end user that is forced to pay more for the same product.
If this tax goes into place there needs to be some regulation keeping domestic producers from unnecessarily raising the prices for no other reason than they can. There is no benefit for the end user that is forced to pay more for the same product.
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Austin Hocutt
Well the free market, is perfect at preventing companies from raising their prices for no reason. Because if they raise their prices higher than what the demand is, the demand will go down while the supply stays constant, because no can afford it.
So EVENTUALLY they will get to a point where no one is buying their product and will have to lower it.
Free market is best at regulating itself, no government to this day has ever done good regulating the markets.
But thing is, if you think of it from a business owners standpoint.
So, you raise your prices because the cheaper alternative is now selling their prices higher because of this tax. Well you are going to get about as many sales as your competitor just due to the fact that you are both charging the same amount for the product.
Though! If you were to keep your lower prices, yes it may take more sales to make alot of money, but thing is, every one will come to you, instead of your competitor. Because you have a more quality product (If not you're company will die anyway) and it costs less. So that means more people will eventually invest into your product. And let's just say. What happens when a product maker lowers his prices lower than the competitor while the competitor can't compete with your prices due to it takes it more money to ship the product, to get through regulations (Taxes) and a fee for a company to sell that product.
That company with lower prices will be the one that gets most of the sales. And in which you gain lots of manai. Some sweet murican Manai. And then eventually you can open a second factory. And restart the process. And eventually the entire country will be filled with these small competing companies of EVERYTHING, and the market will regulate it's self, and lets just say, anyone and everyone could have multiple shots at being wealthy.
That's the beauty of capitalism, without the crony.
So EVENTUALLY they will get to a point where no one is buying their product and will have to lower it.
Free market is best at regulating itself, no government to this day has ever done good regulating the markets.
But thing is, if you think of it from a business owners standpoint.
So, you raise your prices because the cheaper alternative is now selling their prices higher because of this tax. Well you are going to get about as many sales as your competitor just due to the fact that you are both charging the same amount for the product.
Though! If you were to keep your lower prices, yes it may take more sales to make alot of money, but thing is, every one will come to you, instead of your competitor. Because you have a more quality product (If not you're company will die anyway) and it costs less. So that means more people will eventually invest into your product. And let's just say. What happens when a product maker lowers his prices lower than the competitor while the competitor can't compete with your prices due to it takes it more money to ship the product, to get through regulations (Taxes) and a fee for a company to sell that product.
That company with lower prices will be the one that gets most of the sales. And in which you gain lots of manai. Some sweet murican Manai. And then eventually you can open a second factory. And restart the process. And eventually the entire country will be filled with these small competing companies of EVERYTHING, and the market will regulate it's self, and lets just say, anyone and everyone could have multiple shots at being wealthy.
That's the beauty of capitalism, without the crony.
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SGT William Howell
Austin Hocutt - So you are one of those dirty Nazi redneck Trump voting capitalist? ME TOO! At some point the mainstream has told me that wanting to make money is wrong. They can all kick rocks.
You are correct in long term economics. IF, and this is a big if, there are no outside interference. Things like regulations, foreign markets, communist countries, war and so on. In short term it depends on the product. In 1970 there were only about 4 or 5 major car manufactures. You wanted a new car you were going to pay, because there was no other choice. It was not because you could not start a car company. It was because you could not compete with billion dollar companies without billions of dollars and it would take decades to get a return on your investment.
Supply and demand is always effected by limited markets. Just look at health insurance with no anti trust laws. We as a nation are going broke paying for healthcare and the insurance business is super profitable. They keep the market small and fix rates with their competitor so you either pay what they demand or you don't get anything. Now this same thing could apply to limited manufactured goods, like computers, or tires (Yes tires. Thank you EPA. They have all moved to other counties). Because the startup is so high for a new company nobody is willing to make that kind of long term investment. These companies already manufacturing can fix prices and the consumer will have to pay that rate because it is a limited market. Will somebody get into the business? Maybe, but it will be years of paying at inflated prices before they do.
Everything works off supply and demand. Austin, you got the basics of econ down. Which is more than I can say for most democrats. There are things you just have to build off that. Most of them are obvious when you see them. Cause and effect. Great response!
You are correct in long term economics. IF, and this is a big if, there are no outside interference. Things like regulations, foreign markets, communist countries, war and so on. In short term it depends on the product. In 1970 there were only about 4 or 5 major car manufactures. You wanted a new car you were going to pay, because there was no other choice. It was not because you could not start a car company. It was because you could not compete with billion dollar companies without billions of dollars and it would take decades to get a return on your investment.
Supply and demand is always effected by limited markets. Just look at health insurance with no anti trust laws. We as a nation are going broke paying for healthcare and the insurance business is super profitable. They keep the market small and fix rates with their competitor so you either pay what they demand or you don't get anything. Now this same thing could apply to limited manufactured goods, like computers, or tires (Yes tires. Thank you EPA. They have all moved to other counties). Because the startup is so high for a new company nobody is willing to make that kind of long term investment. These companies already manufacturing can fix prices and the consumer will have to pay that rate because it is a limited market. Will somebody get into the business? Maybe, but it will be years of paying at inflated prices before they do.
Everything works off supply and demand. Austin, you got the basics of econ down. Which is more than I can say for most democrats. There are things you just have to build off that. Most of them are obvious when you see them. Cause and effect. Great response!
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Austin Hocutt
And ay to yours.
Though we have a while to go, until l we start truly seeing the American economy booming, (it's probably going to have to be after a economic collapse since we are so far in debt already) But thing is, I see us recovering faster with a Trump administration than Hillary's. Just due to the fact that with Hillary's administration they would have kicked the can down the road another 3-4 years, and let the next president do the same, and before we even know it, we'd all be homeless under the same of 'economic equality'
Though I do see that with Trumps 100 day plan, that he had released before he took the oath that he is actually starting to work towards either A: Getting rid of the big businesses while making it easier for a smaller business to start up, and not be up to their throat deep in debt. Or B: Getting the bigger businesses to come back that way we can ease the debt off our backs, and slowly start dismantling the bigger businesses when they take off a certain percentage of the debt off our backs that would allow us to start investing more into smaller entrepreneurs.
Another thing I think would help is giving a flat tax to all tax brackets, while eliminating a few of them.
This way we could have more of our money, to invest into the economy of things we actually want/need. Instead of the government investing our money for us into programs like the F-35.
That or start investing into private businesses that could very well replace state run programs
IE: Road building companies.
Sir I really wish I could connect to you, though sadly I don't have a business account just yet -Gotta go into the military and get some murican manai.-
Though we have a while to go, until l we start truly seeing the American economy booming, (it's probably going to have to be after a economic collapse since we are so far in debt already) But thing is, I see us recovering faster with a Trump administration than Hillary's. Just due to the fact that with Hillary's administration they would have kicked the can down the road another 3-4 years, and let the next president do the same, and before we even know it, we'd all be homeless under the same of 'economic equality'
Though I do see that with Trumps 100 day plan, that he had released before he took the oath that he is actually starting to work towards either A: Getting rid of the big businesses while making it easier for a smaller business to start up, and not be up to their throat deep in debt. Or B: Getting the bigger businesses to come back that way we can ease the debt off our backs, and slowly start dismantling the bigger businesses when they take off a certain percentage of the debt off our backs that would allow us to start investing more into smaller entrepreneurs.
Another thing I think would help is giving a flat tax to all tax brackets, while eliminating a few of them.
This way we could have more of our money, to invest into the economy of things we actually want/need. Instead of the government investing our money for us into programs like the F-35.
That or start investing into private businesses that could very well replace state run programs
IE: Road building companies.
Sir I really wish I could connect to you, though sadly I don't have a business account just yet -Gotta go into the military and get some murican manai.-
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MSgt Michael Bischoff Why not? Any proof that everybody will not be taxed or is this your unwarranted opinion that comes from some "gut" felling that you cannot actually provide a single fact of why this would be the case? Just wondering if you had some secret inside source that nobody else was privy to.
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SGT William Howell
You believe he would not? Do you have proof that he has not paid taxes before? Basically, you are questioning a man's integrity, with absolutely no proof that he has EVER not paid his taxes. So let me ask you this? I don't know you, but what if I said you would kick puppies because you are a liberal. Is that really fair? Is that even acting like an adult. Because you don't like somebody does not mean you get to slander someone for no reason. Jesus Christ! You are not 12! Act like a civil human. Say your peace without questioning a man's integrity unless you have fucking proof. Very disappointing to know a senior NCO would act like a child because he did not get his way retired or not.
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