FYI- If we want to lower inflation then tarrifs might do the opposite, it might increase prices instead!

I think it might increase gas, food, and goods like tv's etc.

Example! If we buy maple syrup from Canada and Canada has a tariff then Canada will increase their prices on Maple syrup and we have to pay more for that maple syrup!

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ElwoodBlues · M

@Reason10 says

hose companies are merely following the rules of tax laws legislated by DEMOCRATS.

Oh really?? Democrats write all the tax laws?? The Reagan & Bush & Tяump tax cuts are mere mythology??

The Economics concept is called the Laffer Curve

The fundamental prediction of the Laffer Curve was that cutting tax rates would increase tax revenues. In 40 years of supply side economics, that has NEVER EVER happened.

Look at the bottom curve. The ONLY time net income tax revenues increased was during the Clinton admin. Because Clinton RAISED taxes in 1993; top rates went from 31% to 39.6%; corporate rates from 34% to 36%.

The other big prediction that goes along with the Laffer Curve is that tax increases will damage the economy. Again, the Clinton admin proves that claim is also false. Clinton alone produced a booming economy, low unemployment, and BALANCED BUDGETS. Clinton succeeded, voodoo economics FAILED.

sunsporter1649 · 70-79, M

@ElwoodBlues Yeah, the gubberment needs more money to spend on projects like $1.5 million to “advance diversity equity and inclusion in Serbia’s workplaces and business communities”

ElwoodBlues · M

@sunsporter1649 Why are you so desperate to change the subject away from the failure of voodoo economics??

sunsporter1649 · 70-79, M

@ElwoodBlues Seems to us that if sending over $100,000,000 a year being sent to social security recipiants that have no social security numbers is quite an example of demonocrat party voodoo economics

ElwoodBlues · M

@sunsporter1649 What makes you think this is happening at all, and why are you so desperate to change the subject away from the failure of voodoo economics??

sunsporter1649 · 70-79, M

@ElwoodBlues Yes, we know, gubberment is incapable of FUBAR, right?

ElwoodBlues · M

@sunsporter1649 So you can't support the claims you are desperately making to change the subject away from the failure of voodoo economics??