Trump has also teased eliminating taxes on tips, overtime pay, and Social Security payments, as well as exemptions for the military, veterans, and first responders.
A sales tax as a general term on goods that have negative externalities. That produce pollution, have negative health impacts, use public infrastructure etc… whole foods, homes at minimum should be exempt. I agree that the poor shouldn’t bear the brunt of tax policy changes.
Yes tarrifs getting passed to the consumer is completely the point, to normalize for asymmetrical human rights across the globe. Fair trade, not free trade. Not isolationist either. An elegant way to implement would be based on a democracy index.
The aluminum example is a good one. The consumer in this case is the company importing aluminum. They can buy from an authoritarian country at a 2x tarrif (or whatever), or a democratic country with no tarrif.
But… more of a thought experiment, I think that would be the way from a humanist perspective. But the geopolitics are very challenging.
A sales tax as a general term on goods that have negative externalities. That produce pollution, have negative health impacts, use public infrastructure etc… whole foods, homes at minimum should be exempt. I agree that the poor shouldn’t bear the brunt of tax policy changes.
Yes tarrifs getting passed to the consumer is completely the point, to normalize for asymmetrical human rights across the globe. Fair trade, not free trade. Not isolationist either. An elegant way to implement would be based on a democracy index.
The aluminum example is a good one. The consumer in this case is the company importing aluminum. They can buy from an authoritarian country at a 2x tarrif (or whatever), or a democratic country with no tarrif.
But… more of a thought experiment, I think that would be the way from a humanist perspective. But the geopolitics are very challenging.