The Tariff Questions?
- Thread starter Ebiker33
- Start date
No contradiction. Mass implies large quantity not schedule; one plane at a time. Might need some bigger planes.
I don't hire fly-by-nights. Both companies I had bid were established over 50 years. One got roof, other got windows. It's easy to judge the crew by meeting them. White, no accents, established for many years locally pretty good indicator. Not seasonal crews, work full-time year round.
There were several roofing crews in the neighborhood after the big hail storm that got me a new roof that I would not think of hiring.
Mike_V
Well-Known Member
You all still ignore the facts period
Revenue, tariff, duty, customs, is paid on ALL merchandise imported into the US.
REF:
Harmonized Tariff Schedule
"2024 HTS Revision 9
"The Harmonized Tariff Schedule of the United States (HTS) sets out the tariff rates and statistical categories for all merchandise imported into the United States. The HTS is based on the international Harmonized System, which is the global system of nomenclature applied to most world trade in goods."
www.hts.usitc.gov/
DaveMatthews
Well-Known Member
And now it will be higher, and your costs will go up.
mschwett
Well-Known Member
- Region
- USA
so you don’t care if you pay 5% tax (tariff) or 50%? good to know, will be sure to let the IRS in on this fact. the fact that a framework for taxing imports exists is a meaningless data point. of course it does. what is meaningful is HOW MUCH the taxes are, and what’s done with the proceeds.
there is a reason no reputable economist is in favor of simultaneously increasing tarriffs and decreasing the labor force. it’s wildly inflationary. we are already seeing the results of it in the markets. enjoy paying more for things and having money which is worth less.
tomjasz
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- USA
- City
- Minnesnowta
Buy American was my mantra until the "Made in America" stickers were inside boxes marked with the number of units in a container from China. An incredible scam.
But we swallow the slave labor Ala Amazon.
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kevinmccune
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- Region
- USA
most of poverty america,if you are not near a resort,coal mine or factory you are SOOL,the Mid-Atlantic and south,its not quite as bad as the 3rd world shitholes but there is little for the poor person(if you are lucky you have beans,never tasted broccoli till I was a teenager and carried water,bathroom,for get about it.,it gets worse,will not bore you with it.
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Never heard the phrase, but makes complete sense. There is a solution, but don't know what it is. Frequent TV commercials talking about sending aid overseas; don't recall seeing any for resolving our own issues.
Mr. Coffee
Well-Known Member
- Region
- USA
- City
- A Demented Corner of the North Cascades
The people who help people here are too busy doing the work to make TV commercials about it. Seriously, I can't swing a cat around here without running into people helping others. Not only are there actual government programs helping folks, but there is a small army of not-for-profits also doing actual good work to help those less fortunate than themselves.
Amongst the projects I know about going on within easy bicycle range of me:
- They are bringing old motels up to code and converting them into studio apartments for affordable housing.
- There are multiple food drives.
- The local clinic will see people unable to pay at no cost (or a nominal cost) on Fridays.
- There is a whole network that exchanges used clothing for kids (who we all know constantly outgrow clothes).
- There are offices where you can go where the good people there will give you a cup of tea and hook you up with whatever help you need.
Pro tip: any charity advertising on TV is a ripoff and you'll help more people doing the actual research on charities that actually help people. charitynavigator.org is a good starting point for doing the research.
I agree with all this in my community also.
I was referring to 3rd world assistance vs. 2.5 world assistance. I agree one needs to careful with scam charities; they are not all scams.
m@Robertson
Well-Known Member
- Region
- USA
Something we talked about as part of me getting my degree in Economics was the fallacy of hating on foreign aid. The layman sees $1B in foreign aid to Durkadurkastan and thinks Uncle Sam airlifted pallets of cash to the country and left it on the runway at the airport.
What really happens is that $1B goes to the country in the form of construction equipment for roads. Or maybe it goes to all of the ingredients for creating a paved road, including supplying the contractors (the Chinese have a global project that does exactly this). Or maybe its a bunch of missiles and machine guns. Whatever. Its products not cash. The secret ingredient is the foreign aid is Made in USA. Why does that matter? US jobs. US factories. US materiel going into the finished products.
Thats why foreign aid is often referred to disparagingly as "exporting your unemployment" ... oftentimes by the bureaucrats who are on the receiving end of said foreign aid. Because thats what it really does. It is an artificial driver outside of the free market that turns unemployed Americans into employed ones. It pumps money into the domestic economy using our excess industrial and commercial capacity, and then bleeds off the byproducts so they don't depress domestic marketplace prices.
Its not all sunshine and roses by any stretch, but foreign aid is a hell of a lot more of a benefit to America than your typical Joe Sikspak realizes.
What really happens is that $1B goes to the country in the form of construction equipment for roads. Or maybe it goes to all of the ingredients for creating a paved road, including supplying the contractors (the Chinese have a global project that does exactly this). Or maybe its a bunch of missiles and machine guns. Whatever. Its products not cash. The secret ingredient is the foreign aid is Made in USA. Why does that matter? US jobs. US factories. US materiel going into the finished products.
Thats why foreign aid is often referred to disparagingly as "exporting your unemployment" ... oftentimes by the bureaucrats who are on the receiving end of said foreign aid. Because thats what it really does. It is an artificial driver outside of the free market that turns unemployed Americans into employed ones. It pumps money into the domestic economy using our excess industrial and commercial capacity, and then bleeds off the byproducts so they don't depress domestic marketplace prices.
Its not all sunshine and roses by any stretch, but foreign aid is a hell of a lot more of a benefit to America than your typical Joe Sikspak realizes.
So give away $1B in equipment using our tax $ and the benefit is (being generous) $ .3B in payroll and profits to companies.
I suppose that is good in the eyes of an Economist. Not so much using logic like an Engineer would.
If there is excess mfg capacity, perhaps it's time to reevaluate, repurpose, and reduce (remember the 3 Rs?) Many would prefer reduced taxes than roads in Whogivesadamnistan.
kevinmccune
Well-Known Member
- Region
- USA
Lyndon Johnson tried something in the 60s called the"war on poverty" it apparently didn't have much effect,if I am not mistaken there are many more millionaires then ever while the lower middle class slips further behind,never mind about the so called "upper middle class" I get the impression that class is "rara avis" these days.To be perfectly honest(no matter how the "reds" holler) this situation is not going anyplace soon.
As has been related the end game of"capitalism" is the most money in the fewest hands,IMO revolution is almost inevitable,go to TED talks and listen to the" warning to the plutocrats".by a plutocrat.one problem is "benign socialism" (with few exceptions) is a pipedream,todays democratic party sure doesn't represent it.
Mr. Coffee
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- USA
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- A Demented Corner of the North Cascades
What percentage of the US Federal Budget do you think foreign aid actually is? I'd bet your guess would be far above the actual number.
I don't agree with "aid" from tax $ at any level. Now if we get something back like mineral rights or strategic military land that's a different story.
Mr. Coffee
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- Region
- USA
- City
- A Demented Corner of the North Cascades
You are moving the goalposts all over the playing field.
Examples of what we "get" for foreign aid have already been given and with very little information you have dismissed them. In practice nearly all foreign aid we give is done for some cold-hearted strategic reason. You might not agree with it but it is there.
Bluntly sometimes we are merely bribing a country to not make any trouble. A good example of this is Egypt (a country which is one of the largest recipients of US aid). Basically we are bribing Egypt not to go to war with Israel. Given that in the forty years before we cut that deal Egypt and Israel went to war four times and since then (about forty years) there have been zero such wars the bribes appear to be effective. You can argue about whether we should care but in three of those four wars we were at least indirectly dragged into it, most notably in the 1973 Arab Oil Embargo that probably cost Americans more money than all of the bribes we have paid since then.
mschwett
Well-Known Member
- Region
- USA
as someone who pays hundreds of thousands of dollars in taxes every year, i know full well where most of it goes : “aid” to support less “privileged” people, often in red state america. i’m sure you know that, for example, for every $1 mississippi residents pay in federal taxes they get $2.50 or more back. unlike the pennies we send other countries (in return for significant strategic benefits in some cases), that actually adds up. it is the richest of ironies that those very same people, across the country, felt so butthurt about any of their paltry taxes being spent on something for someone else they might not personally agree with (health care or whatever) that they elected an obviously dishonest convicted felon.
go ahead and cut that spending! go ahead and increase taxes on imports. the people it’s going to really hurt, are unfortunately those who are already hurting the most.
Don't recall if I've had the opportunity to write this yet. Sorry if it's already been said. The Federal Government should not be involved in (pay into) things that favor or disfavor any person, group, community, state, etc. I'm all for helping people, but at the state/community level. There are only a handful of things the Federal Government should be spending our $ on. Reference: The Constitution.
For fear of breaking forum rules (this has turned away from being an Ebike topic (sorry if I did it)), I'm out. If this conversation is allowable, I'm in.
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