While Musk is trying to get AfD elected in Germany, Trump is now threatening to put tariffs on all of Europe.

They really do not get how much hurt Europe could cause for them. Tesla, Amazon, Facebook — they are all here!

EU politicians should begin talking about the wonders of putting levies on their energy use, and how we support better working conditions and increased wages.

When Elon, Bezos, and Zuck support a fool, who wants to hurt European economy, remind them it is a two-way street!

@randahl

If we are cutting income tax and offsetting that with tarrifs I am all for it. Taxes need to be levied somewhere and any taxes we can move off income tax and apply more towards taxing expenses the better.

That said I doubt Trump will execute things well, he rarely does.

@freemo I remember his last trade war. We put a considerable tariff on Harley Davidson motorbikes, etc.

I do not recall them winning anything.

@randahl You mean a European tariff on USA goods? Yea I expect that to be the case. We tax incoming foreign goods, they tax from us. Import/export tax is pretty common to go both ways. Just another way to collect money and superior to income tax IMO.

@freemo @randahl it's not superior to income tax at all - it will create an even bigger difference in taxes paid between the poor and rich, because poor spend most if not all they earn on buying essential stuff, while the rich who can just store or invest substantial part of their income will end up paying comparatively small amounts. More people will end up poorer and the country will end up with a smaller budget, becoming weaker

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@tuvok

I specifically covered this twice in my comments. Stuff is and should be taxed based on its luxury. Essentials are therefore tax free and luxury items highly taxed. So no quite the opposite.

@randahl

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