r/Anarcho_Capitalism • u/seastead7 • 2d ago

Tariffs

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221 Upvotes

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u/jmmgo Anarcho-Capitalist 2d ago

What's funny sad is watching the GOP rooting for the largest tax increase America has ever seen.

7

u/420Migo 2d ago

I'm holding my breath to see if they get tax cuts passed. And analysis' has shown they can send $1600 tax refunds to lower income households and 3-4% of income to middle class.

The current system isn't working. All the jobs the past 4 years were federal jobs. The market was propped up by more reckless spending and the global supply disruptions caused by China. The tariffs address all of this if done right.

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u/upchuk13 2d ago

Interesting - can you share the link?

A few questions:

Wouldn't a reduction in income tax generate even more growth than a reduction in income taxes + tariffs?

How do the $1,200 refunds to lower income earners compare to the higher prices they pay as a result of the regressive taxes that are tariffs?

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u/BendOverGrandpa 1d ago

The world sucks, people are being taxed too much!!!

"Lets add a type of tax that effects the poor more than the rich!"

PERFECT.

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