WASHINGTON (Reuters) - U.S. President Donald Trump wants a new 20 percent tax on all imports from Mexico to pay for a wall on the southern U.S. border, White House spokesman Sean Spicer told reporters on Thursday. No details were available on how the tax would work, but Spicer said Trump wanted it to be part of a tax reform package that the U.S. Congress is contemplating. (Reporting by Steve Holland; Writing by Roberta Rampton; Editing by Chris Reese)
Trump says he'll make Mexico pay for the wall with an import tax. Americans will pay an import tax, not Mexico. How stupid does he think we are?
A better word would be tyranny. But in the grand scheme of things, I'm not that worried about some transgender law in NYC passed 8 months ago that almost nobody's ever heard of when Donald Trump's in the White House.
UPDATE WASHINGTON — President Trump's plan for a wall along the Mexican border could be financed through a 20% border tax on all imports from the United States' third largest trading partner, the White House said Thursday. “It clearly provides the funding and does so in a way that the American taxpayer is wholly respected," White House press secretary Sean Spicer said. “We are probably the only major country that doesn’t treat imports this way.” But shortly after he announced the proposal in an unscheduled "gaggle" with reporters on Air Force One, Spicer clarified to a separate group of reporters in the West Wing that it was just one proposal. "There are clearly a bunch of ways it can be done," he said. "The point is American taxpayers are not going to fund it." White House Chief of Staff Reince Priebus added that it was part of a "buffet of options."
It'll favor people working in industries that produce the goods we import from Mexico. Everyone else will be worse off, probably you included. Meanwhile American consumers will pay the tax, not Mexico. Which means Trump saying Mexico will pay for the wall is, as I knew from the start, bullshit.
If/when the price of goods becomes high, people will buy from other (domestic!) sources. The importers will either have to cut their profit margin, or stop selling. So, no. I won't pay more.
I think a remittance surcharge will help shoulder much of the costs. There's an estimated $25 billion in remittance every year from the USA to Mexico. A 3% surcharge on all of that money is a boat load of loot. $750 million to be exact.
The wall isn't going to stop anything. As long as there is work here, Mexicans will keep flowing in. Go after the employers. EDIT: Didn't know there were so many meathead Jets fans that are economics majors.
The domestic sources charge more, which is why people buy from the foreign sources in the first place.
Taxing remittances isn't as easy as it sounds. People will try to get around it, which isn't hard to do, and enforcement will cost money.
Paying for that expensive POS hurts them. Unless of course, there's not a chance in hell they'd ever pay for it
he might as well say he's going to fart out money for the wall. Congress isn't going to pass a 20% tariff like that
What's Trump going to do when people stop buying cars made in Mexico, and the American parts suppliers, who supply 40% of the parts for Mexican cars, start laying off people or going out of business? On another front: "Little more than a decade ago, the Justice Department made investigating and prosecuting voter fraud a major priority. When top prosecutors failed to find the misconduct and refused to make partisan prosecutions, they were fired. In the fallout, Attorney General Alberto Gonzales was forced to resign in the biggest Justice Department scandal since Watergate. There was no extensive voting fraud in 2002, either, when President George W. Bush’s attorney general, John Ashcroft, made finding it a top priority for the Department of Justice. And the federal prosecutors kept coming up empty. After years of trying, they had charged more people with violating migratory bird laws than voting statutes. The White House was agitated by this failure. In October 2006, President Bush told Mr. Ashcroft’s successor, Mr. Gonzales, that he had heard about fraud in Albuquerque, Milwaukee and Philadelphia. Karl Rove, Mr. Bush’s aide, warned Mr. Gonzales he had “concerns” about voter fraud. Soon top officials concocted a way to get results: If you can’t find the crime, fire the prosecutors. In a highly unusual move, seven United States attorneys were forced to resign, on top of two more pushed out earlier. David Iglesias, *a conservative Republican*, was the United States attorney in New Mexico. Local Republicans became angry that he refused to bring corruption cases against Democrats. Shortly after the 2006 election he was dismissed. In his book “In Justice: Inside the Scandal That Rocked the Bush Administration,” Mr. Iglesias summed up his experience: “First would come the spurious allegations of voter fraud, then unvarnished legal manipulations to sway elections, followed by a rigorous insistence on unquestioned and absolute obedience and, finally, a phone call from out of the blue.” In Missouri, the United States attorney clashed with superiors when he refused to sign off on a lawsuit demanding a purge of state voter lists. After firing the prosecutor, Justice Department officials slipped a political aide into the position. The United States attorney in Washington State, John McKay, declined to bring voter fraud charges after a close governor’s race. Summoned to a White House interview about becoming a federal judge, Mr. McKay instead found himself grilled about party activists’ accusations that he had “mishandled” the election. Instead of becoming a judge, Mr. McKay was fired. “There was no evidence,” he later told reporters about the fraud allegations, “and I am not going to drag innocent people in front of a grand jury.” Soon scandal erupted. At one congressional hearing, Attorney General Gonzales answered “I don’t recall” or some variant 64 times. In August 2007, after his top aides quit or had been fired, he resigned." Ron
Mondoweiss (2006–present) is a news website that is co-edited by journalists Philip Weiss and Adam Horowitz. According to the editors, Mondoweiss is "a news website devoted to covering American foreign policy in the Middle East, chiefly from a progressive Jewish perspective". emotional. unhinged. liar.
