CanadianMalodu Posted January 29 Report Share Posted January 29 On 1/29/2025 at 1:05 AM, Anta Assamey said: Close to 2 Trillion Dollars is the amount Fed gets from Income tax every year.. I am not how they are planning to cover that with Tariff... Expand 10% universal tariff alone will be bringing in 2 trillion dollars anything over that, will mint more in trillions. Quote Link to comment Share on other sites More sharing options...
Hitman Posted January 29 Report Share Posted January 29 Sales tax double చేస్తాడా ? Quote Link to comment Share on other sites More sharing options...
CanadianMalodu Posted January 29 Report Share Posted January 29 On 1/29/2025 at 3:04 AM, Hitman said: Sales tax double చేస్తాడా ? Expand Tariff indirect taxation. Post tariff price perigithe sales tax amount default ga periguthundhi. Quote Link to comment Share on other sites More sharing options...
Kakynada Posted January 29 Report Share Posted January 29 On 1/29/2025 at 1:05 AM, Anta Assamey said: Close to 2 Trillion Dollars is the amount Fed gets from Income tax every year.. I am not how they are planning to cover that with Tariff... Expand they did it in 1870-1913, amrika was the rich nation back then with these heavy tariffs, how they plan to cover 2T ? 25% tariffs on products from mainly canada, china, mexico and other countries. It will raise so much money, also the whole point of tatha is to create new jobs to locals with this trade agreement, not an easy thing tho, he tried in first term too, unfortunately that didnt turn fruitful in jobs creation. dozen good large eggs in walmart are like over 8$, cos of flu, now imagine after tariffs what'd be the cost of those eggs lol... you dont pay taxes, but you pay these tariffs new rates.. Quote Link to comment Share on other sites More sharing options...
CanadianMalodu Posted January 29 Report Share Posted January 29 On 1/29/2025 at 4:28 AM, Kakynada said: they did it in 1870-1913, amrika was the rich nation back then with these heavy tariffs, how they plan to cover 2T ? 25% tariffs on products from mainly canada, china, mexico and other countries. It will raise so much money, also the whole point of tatha is to create new jobs to locals with this trade agreement, not an easy thing tho, he tried in first term too, unfortunately that didnt turn fruitful in jobs creation. dozen good large eggs in walmart are like over 8$, cos of flu, now imagine after tariffs what'd be the cost of those eggs lol... you dont pay taxes, but you pay these tariffs new rates.. Expand Tariffs reduce trade deficits and tilt the balance. If it gets expensive, then domestic alternatives will be worked up on. It's unwinding the globalisation in simple terms. Quote Link to comment Share on other sites More sharing options...
Kakynada Posted January 29 Report Share Posted January 29 On 1/29/2025 at 4:32 AM, CanadianMalodu said: Tariffs reduce trade deficits and tilt the balance. If it gets expensive, then domestic alternatives will be worked up on. It's unwinding the globalisation in simple terms. Expand true, we all know that, especially middle class, but that wasnt the case back in 1870, they did it somehow... actually he did in 2018 during his first term.., on steel, produced enough jobs too, now the plan is on a large scale.. Thata plan is to only create jobs for locals and make country rich, elimnate IRS totally, like not even single new job, his statement is based on 1870 plan, and ofcourse jobs, his point is why consumers have to pay tax, rather pay tariffs, so that there would be enough jobs created, make the country rich, now how'd this work out or not, is wait and watch game.. some congress man concurred this plan already.... lets see Quote Link to comment Share on other sites More sharing options...
Pavanonline Posted January 29 Report Share Posted January 29 On 1/29/2025 at 4:28 AM, Kakynada said: they did it in 1870-1913, amrika was the rich nation back then with these heavy tariffs, how they plan to cover 2T ? 25% tariffs on products from mainly canada, china, mexico and other countries. It will raise so much money, also the whole point of tatha is to create new jobs to locals with this trade agreement, not an easy thing tho, he tried in first term too, unfortunately that didnt turn fruitful in jobs creation. dozen good large eggs in walmart are like over 8$, cos of flu, now imagine after tariffs what'd be the cost of those eggs lol... you dont pay taxes, but you pay these tariffs new rates.. Expand 1870 tho polchadame mental concept , total imports ye around 4t unnayi so 2t impossible to recover. But taxes can be reduced with them. Quote Link to comment Share on other sites More sharing options...
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