Tariffs are taxation in the sense someone ends up paying the government. Sales taxes were originally for the shipping and transport of goods between businesses while the business to consumer transactions were all bartering/ tax free. It’s inarguably true that taxation today is a means to suppress individual accumulation of wealth. It was one of the most pervasive government authoritarian policies and income tax was ruled unconstitutional originally.
Tariffs are an opportunity cost to hedge against the heedless import of foreign goods, since the main beneficiaries of that commerce are outside of the nation.
Taxation is extraction of wealth from your own population. This is self defeating because economics is subtractive. Even if it wasn't stealing from your own, it'd still be a bad idea.
Tariffs, and several other things in history besides(like the Roman habit of pillaging nearby countries), are extraction of wealth from foreigners.
It’s inarguably true that taxation today is a means to suppress individual accumulation of wealth.
Yes, so the government takes the money from regular people, and they introduce the money that they create right at the top of the financial pyramid. It is undoubtedly a way to keep regular people in their place while enriching elites.
I think what people don't get is the money flows upward. It is trickle up economics, and that's what you get from usury.
Tariffs aren't taxation anyway. Sales taxes are.
The more salient point however, is if taxes are offered to fund the legitimate purview of a government or not. By far the vast majority are not.
Tariffs are taxation in the sense someone ends up paying the government. Sales taxes were originally for the shipping and transport of goods between businesses while the business to consumer transactions were all bartering/ tax free. It’s inarguably true that taxation today is a means to suppress individual accumulation of wealth. It was one of the most pervasive government authoritarian policies and income tax was ruled unconstitutional originally.
Tariffs are an opportunity cost to hedge against the heedless import of foreign goods, since the main beneficiaries of that commerce are outside of the nation.
And it still ends up with government funding, tariffs were the main source of government income for a good portion of American history
Which isn't especially relevant.
Taxation is extraction of wealth from your own population. This is self defeating because economics is subtractive. Even if it wasn't stealing from your own, it'd still be a bad idea.
Tariffs, and several other things in history besides(like the Roman habit of pillaging nearby countries), are extraction of wealth from foreigners.
Yes, so the government takes the money from regular people, and they introduce the money that they create right at the top of the financial pyramid. It is undoubtedly a way to keep regular people in their place while enriching elites.
I think what people don't get is the money flows upward. It is trickle up economics, and that's what you get from usury.