Tpoppa Posted January 26, 2017 Report Share Posted January 26, 2017 you guys know this already exists in Texas, right? Quote Link to comment Share on other sites More sharing options...
magley64 Posted January 26, 2017 Report Share Posted January 26, 2017 What a colossal waste of money. Quote Link to comment Share on other sites More sharing options...
Bad324 Posted January 26, 2017 Author Report Share Posted January 26, 2017 4 minutes ago, magley64 said: What a colossal waste of money. There is nothing more annoying than when I agree with you Quote Link to comment Share on other sites More sharing options...
magley64 Posted January 26, 2017 Report Share Posted January 26, 2017 4 minutes ago, Bad324 said: There is nothing more annoying than when I agree with you You can always chalk it up to blind squirrels or broken clocks... 2 Quote Link to comment Share on other sites More sharing options...
Qman Posted January 26, 2017 Report Share Posted January 26, 2017 (edited) 28 minutes ago, magley64 said: What a colossal waste of money. I mostly agree. If you (we) stop giving free healthcare, food, housing, drivers license, education, etc..etc to illegals, and start prosecuting criminal activity, then they really have little reason to cross the fence. In fact they'd be pouring back south like moths to a flame. Like they say, if you dont want birdshit on your porch, stop filling the bird-feeder! The only segment you can't really affect is the drug traffic, which is where the wall is a good idea. Edited January 26, 2017 by Qman 1 Quote Link to comment Share on other sites More sharing options...
Tpoppa Posted January 26, 2017 Report Share Posted January 26, 2017 (edited) When Trump said Mexico would pay for the wall, I always assumed he meant from funds collected through an import tariff. Edited January 26, 2017 by Tpoppa Quote Link to comment Share on other sites More sharing options...
magley64 Posted January 26, 2017 Report Share Posted January 26, 2017 24 minutes ago, Tpoppa said: When Trump said Mexico would pay for the wall, I always assumed he meant from funds collected through an import tariff. Tariffs don't work that way... The consumer ends up paying the tariff. Quote Link to comment Share on other sites More sharing options...
TimTheAzn Posted January 26, 2017 Report Share Posted January 26, 2017 39 minutes ago, Qman said: The only segment you can't really affect is the drug traffic, which is where the wall is a good idea. Tunnels....... 1 Quote Link to comment Share on other sites More sharing options...
Tpoppa Posted January 26, 2017 Report Share Posted January 26, 2017 6 minutes ago, magley64 said: Tariffs don't work that way... The consumer ends up paying the tariff. You might want to research that a bit further. At the end of the process the prices would be higher and that does impact the consumer. But where do you think that tariff money goes? Who is actually collecting it? Quote Link to comment Share on other sites More sharing options...
magley64 Posted January 26, 2017 Report Share Posted January 26, 2017 The government is collecting it, the consumer is paying it...It's the same thing as a border tax. Mexico isn't paying for the wall, anyone buying imported goods is. Quote Link to comment Share on other sites More sharing options...
Tpoppa Posted January 26, 2017 Report Share Posted January 26, 2017 (edited) 33 minutes ago, magley64 said: The government is collecting it, the consumer is paying it...It's the same thing as a border tax. Mexico isn't paying for the wall, anyone buying imported goods is. Sorry but no. Tariffs are not collected at the time of sale. They are collected at the time of import. Paid for by the importer/exporter. The wholesale price is higher, so it's very likely that the retail price will also be higher. Even if the price was too high and the product NEVER sells because consumers instead bought products made in the USA (not subject to said tariff), the import tariff has already been collected. Try harder next time. Edited January 26, 2017 by Tpoppa Quote Link to comment Share on other sites More sharing options...
magley64 Posted January 26, 2017 Report Share Posted January 26, 2017 52 minutes ago, Isaac's Papa said: I'm fine with that. Buy from Mexico..pay a higher tax. If the market sustains that tax, then it's a closed system. Problem is they'll build it first and then come to collect from us when we stop buying imported goods. So, unless they do it right..we get fucked. Again. Oh he's already said he's "borrowing" the money from us... Quote Link to comment Share on other sites More sharing options...
magley64 Posted January 26, 2017 Report Share Posted January 26, 2017 (edited) 56 minutes ago, Tpoppa said: Sorry but no. Tariffs are not collected at the time of sale. They are collected at the time of import. Paid for by the importer/exporter. The wholesale price is higher, so it's very likely that the retail price will also be higher. Even if the price was too high and the product NEVER sells because consumers instead bought products made in the USA (not subject to said tariff), the import tariff has already been collected. Try harder next time. When you quote someone a price, you account for your costs. This includes any tariff or tax you pay. So if Pennsylvania institutes an ohio tariff and I'm quoting a price to Penn, I'm adding up my costs, labor, materials, profit margin, tariffs, shipping, and taxes, then quoting that price to my customer in PA, they're paying it... They might get a lower price from someone within the state, but I'm not eating that cost as a supplier. Edited January 26, 2017 by magley64 Quote Link to comment Share on other sites More sharing options...
Tpoppa Posted January 26, 2017 Report Share Posted January 26, 2017 41 minutes ago, magley64 said: but I'm not eating that cost as a supplier. You aren't eating it (hopefully), but it has already been paid. As a business, you are then trying to make a margin on those costs. https://faculty.washington.edu/danby/bls324/trade/tariff.html (there are plenty of other sources that will say the same thing. " A tariff is a fee assessed on imports. This can be imposed in various ways but we’ll stick with the “specific tariff,” a simple per-unit charge. The tariff represents a per-unit charge that has to be paid to the government by whomever brings the good across the border and into the country. If there is a $1,000 tariff on imported automobiles, then no new car can be imported into the United States without paying $1,000 to customs agents as it is brought in. " Quote Link to comment Share on other sites More sharing options...
magley64 Posted January 26, 2017 Report Share Posted January 26, 2017 2 minutes ago, Tpoppa said: You aren't eating it (hopefully), but it has already been paid. As a business, you are then trying to make a margin on those costs. https://faculty.washington.edu/danby/bls324/trade/tariff.html (there are plenty of other sources that will say the same thing. " A tariff is a fee assessed on imports. This can be imposed in various ways but we’ll stick with the “specific tariff,” a simple per-unit charge. The tariff represents a per-unit charge that has to be paid to the government by whomever brings the good across the border and into the country. If there is a $1,000 tariff on imported automobiles, then no new car can be imported into the United States without paying $1,000 to customs agents as it is brought in. " But it's not affecting my margins, it's affecting the final price paid by my customer. Ultimately, I'm not paying it, they are. Whatever they do with it once it's in their possession is up to them. If it's a new car, that tarrif goes right on the invoice as part of the delivery charge. Quote Link to comment Share on other sites More sharing options...
Tpoppa Posted January 26, 2017 Report Share Posted January 26, 2017 4 hours ago, Tpoppa said: When Trump said Mexico would pay for the wall, I always assumed he meant from funds collected through an import tariff. 3 hours ago, magley64 said: Tariffs don't work that way... The consumer ends up paying the tariff. Since you seem to have forgotten what you were disagreeing about in the first place... Again, I assumed Trump meant that money collected by US Customs in the form of tarrifs on products made in Mexcio would be used to fund the wall. Quote Link to comment Share on other sites More sharing options...
magley64 Posted January 26, 2017 Report Share Posted January 26, 2017 I didn't forget, the tariff isn't coming out of the pockets of Mexico, or Mexican suppliers, the money is coming out of American consumer's pockets (if it works at all)... In no way can you say "Mexico" is paying for the wall. Quote Link to comment Share on other sites More sharing options...
Tonik Posted January 26, 2017 Report Share Posted January 26, 2017 Where did Trump say it was going to be an import tariff? Quote Link to comment Share on other sites More sharing options...
Casper Posted January 26, 2017 Report Share Posted January 26, 2017 1 hour ago, Tonik said: Where did Trump say it was going to be an import tariff? "Import tax" http://thehill.com/policy/finance/316361-trump-wants-mexican-import-tax-to-fund-wall Quote Link to comment Share on other sites More sharing options...
Tonik Posted January 26, 2017 Report Share Posted January 26, 2017 1 minute ago, Casper said: "Import tax" http://thehill.com/policy/finance/316361-trump-wants-mexican-import-tax-to-fund-wall Fair enough. But until late today he had said no such thing. At the time of my post my troll was valid. Quote Link to comment Share on other sites More sharing options...
Casper Posted January 26, 2017 Report Share Posted January 26, 2017 I think the general idea here is that a 20% import tax would pretty much stop any manufacturing there for importing to the US. It would destroy Mexico's economy. I don't think the tax is to pay for the wall, but to convince Mexico to pay for it so that 20% tax will go away. It sounds a bit like extortion to me, but what do I know. Quote Link to comment Share on other sites More sharing options...
Casper Posted January 26, 2017 Report Share Posted January 26, 2017 1 minute ago, Tonik said: Fair enough. But until late today he had said no such thing. At the time of my post my troll was valid. That article was published at 3:45pm... ? Quote Link to comment Share on other sites More sharing options...
Casper Posted January 26, 2017 Report Share Posted January 26, 2017 As for who pays the 20%, idiots. Think about it. Are you really going to pay 20% more for something made in Mexico? No, you're just not going to buy it. Hence the crippling of Mexico's economy. Quote Link to comment Share on other sites More sharing options...
Tonik Posted January 26, 2017 Report Share Posted January 26, 2017 6 minutes ago, Casper said: Hence the crippling of Mexico's economy. Yea, this should be a lesson for a lot of other countries. Trump is not afraid to stick it right up their ass. For the wall or not he played the Mexican Presidential exteamly well and is poised to deliver on a major election promise. Quote Link to comment Share on other sites More sharing options...
electrode Posted January 26, 2017 Report Share Posted January 26, 2017 About half the construction workers in Texas are undocumented. Good luck finding legal workers to build a wall. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.