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randr (7,180 posts) 18. It would end the Walmart Empire
Johonny (14,243 posts) 37. ExactlyThe one thing W and Co. understood that as long as they kept goods' prices low then the pain of the stagnant economy wouldn't feel as harsh. It was one of the primary goals of his presidency: keep inflation low on household goods. Trump's talk of tariffs, trade wars, and worse would have one certain effect: drive inflation. Particularly inflation in goods destine to the very people that voted for him. The middle America Walmart shoppers. If they think the economy left them behind under Obama, just wait until that 35% tariff kicks in. And no it won't make American goods viable in the market place. Typically tariffs simply allow American companies to drive up the price of their own goods even higher. The result will be run away inflation. And down will go Walmart and most retail stores as Trump will be slashing salaries, driving up middle class tax burden, and likely driving up the deficit.
DemocratSinceBirth (74,498 posts) 42. It would end a lot more than the Wal Mart empire. It would end a lot of retailTHIS: QuoteIf they think the economy left them behind under Obama, just wait until that 35% tariff kicks in. And no it won't make American goods viable in the market place. Typically tariffs simply allow American companies to drive up the price of their own goods even higher. Are there televisions, computers, appliances made in America? I have all of them in my home, like most Americans, and none are made in the U.S.A.
If they think the economy left them behind under Obama, just wait until that 35% tariff kicks in. And no it won't make American goods viable in the market place. Typically tariffs simply allow American companies to drive up the price of their own goods even higher.
Demsrule86 (8,148 posts) 44. We should manufacture those things though.But to suddenly slap a tariff on with no investment in manufacturing here would cause economic disaster.
DemocratSinceBirth (74,498 posts) 45. You would have to give working class Americans huge raises to afford them.You would have to give working class Americans huge raises to afford them. In the absence of those raises they are going to get screwed. I can buy a 40 inch flat screen for $169.00 !!!. I paid nearly $300.00 for a RCA 25 inch color tv in the early nineties.
99center (473 posts)65 Million Americans Should Threaten to Not Pay Taxes Until democracy is restored http://time.com/4590994/popular-vote-tax-pledge/ Quote"The approximately 65 million Democrats who voted for Hillary Clinton should pledge that in the future if a Republican wins the presidency with fewer votes than a Democrat for the third time in our era, we won’t pay taxes to the federal government. No taxation without representation! Twice in the past 16 years, a Republican candidate who finished second in the popular vote has won the presidency. This year, Donald Trump won the electoral vote with about 46% of the popular vote, while Hillary Clinton received about 48%. If the parties stay this evenly divided, another electoral mishap is more likely than not in the next 20 years. Most Republicans are quite content with this system. Appeals to fairness have not persuaded them of the need to amend the Constitution to establish direct presidential elections, preferably with a runoff if no one wins 50% of the vote. Nor does the real chance that a Democrat could win the presidency with fewer votes than a Republican alarm them. Even the taunt, “Are you afraid of a direct election? Can’t you win a straight-up vote?†doesn’t faze them. Democrats must, therefore, pester Republicans where it hurts: the pocketbook. Is signing a pledge to not pay taxes legal? Yes, if no overt act of conspiracy is involved, and the pledge itself is hypothetical. No one knows when or if it would be carried out. "It's unsettling that our tax's will now be used to further the agenda of an alt-right neo-nazi administration.
"The approximately 65 million Democrats who voted for Hillary Clinton should pledge that in the future if a Republican wins the presidency with fewer votes than a Democrat for the third time in our era, we won’t pay taxes to the federal government. No taxation without representation! Twice in the past 16 years, a Republican candidate who finished second in the popular vote has won the presidency. This year, Donald Trump won the electoral vote with about 46% of the popular vote, while Hillary Clinton received about 48%. If the parties stay this evenly divided, another electoral mishap is more likely than not in the next 20 years. Most Republicans are quite content with this system. Appeals to fairness have not persuaded them of the need to amend the Constitution to establish direct presidential elections, preferably with a runoff if no one wins 50% of the vote. Nor does the real chance that a Democrat could win the presidency with fewer votes than a Republican alarm them. Even the taunt, “Are you afraid of a direct election? Can’t you win a straight-up vote?†doesn’t faze them. Democrats must, therefore, pester Republicans where it hurts: the pocketbook. Is signing a pledge to not pay taxes legal? Yes, if no overt act of conspiracy is involved, and the pledge itself is hypothetical. No one knows when or if it would be carried out. "
Nwgirl503 (45 posts) 1. I won't threaten to not payBut I promise, I will pay an accountant or tax attorney to find me EVERY. SINGLE. LOOPHOLE. available. I don't care if I spend equal or more than I would have paid in taxes, for a professional to find me loopholes out of them. If it's good enough for our prez, it's good enough for me.
philosslayer (2,932 posts) 7. Wouldn't you normally do that anyway?Do you now not take deductions you are entitled to?
as Trump will be slashing salaries, driving up middle class tax burden
99center (473 posts)65 Million Americans Should Threaten to Not Pay Taxes Until democracy is restored
So, you assholes who...* demand punitive tax rates and* massive minimum wage hikes and* refuse to admit it will drive up consumer pricesare suddenly claiming taxes and higher wages drive up consumer prices.Glad to see you finally admit it, even if in a Halley's comet-esque once-in-a-lifetime blazing display of hypocrisy.
It won't end WalMart, sorry, DUmmies. There will always be a next-lower producer, be it Thailand, India, Brazil, Taiwan, Philippines, Viet Nam,or whatever.
There's a fighting chance that what 65 million Hillary voters actually pay in taxes wouldn't run the government for an hour They're pretty much irrelevant
Forget it .... they're rolling.
99center (473 posts)65 Million Americans Should Threaten to Not Pay Taxes Until democracy is restored http://time.com/4590994/popular-vote-tax-pledge/ Quote"The approximately 65 million Democrats who voted for Hillary Clinton should pledge that in the future if a Republican wins the presidency with fewer votes than a Democrat for the third time in our era, we won’t pay taxes to the federal government. No taxation without representation!
