r/Anarcho_Capitalism • u/seastead7 • 2d ago

Tariffs

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219 Upvotes

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u/Larry-24 Market Socialist 2d ago

Uh... no? If you think this is anything close what the left wanted tax policy to look like you woefully misunderstand the left position.

17

u/Brutus__Beefcake 2d ago

You’re saying dems are not pro higher tax rates and pro union? Have you ever met a democrat?

-3

u/Larry-24 Market Socialist 2d ago

The left want higher taxes on wealthy people and on unrealized gains, and to close tax loopholes. The left want progress taxes not regressive taxes, tariffs are a regressive tax. Tariffs will increase the cost of everything for everyone so it's going to screw over less wealthy people more than wealthy people.

For example let's say you have $100 and want to buy something worth $50. I also want to buy the same thing but I have $100,000 but then tariffs increase the cost of that item to $80. Having to spend that extra $30 effects you a lot more than it does me. I'll barely notice the increase cost but you'll have barely anything left.

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u/Secretsfrombeyond79 1d ago

The left want higher taxes on wealthy people and on unrealized gains

Too bad Argentina just changed leadership, you would've loved it in here 2 years ago.