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Tariffs

  • 9 Replies
  • 412 Views
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macal

  • 9585
Tariffs
« on: June 26, 2018, 10:03:58 AM »

  Not sure what is going to happen with these trade wars that are brewing. We are just getting started shipping LNG overseas. Its going to be very hard to compete to begin with let alone dealing with tariffs.

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Wax

  • 6360
Re: Tariffs
« Reply #1 on: July 04, 2018, 10:57:40 AM »
Why not call a  Tariff by its proper name. A TAX the end user pay.  We the people will pay all of it. Our government will take it all in. Now we know, who is going to pay the tax revenue lost, on reduced tax rate for wealthy. The tax rate for low income people went from 10% to 12%.  2018 tax year, will show us, the winners and losers of the New Tax Policy.

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riverrat

  • 1686
Re: Tariffs
« Reply #2 on: July 04, 2018, 11:11:38 AM »
explain 10 to12 please

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macal

  • 9585
Re: Tariffs
« Reply #3 on: July 05, 2018, 07:31:07 AM »

  Is it smart to cut taxes ( revenue ) when you are 21 trillion in the hole. Just keep digging ???

Re: Tariffs
« Reply #4 on: July 05, 2018, 08:55:03 AM »
  Is it smart to cut taxes ( revenue ) when you are 21 trillion in the hole. Just keep digging ???
The "digging" is taking place on the spending end.  If we were to double the current amount of income to these professional politician types that are/have been running our local, state, and federal governments, then their gleeful reaction would not be to reduce the amount of current debt but to quadruple their spending.  One does not repair a bleeding artery by simply adding more blood.



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macal

  • 9585
Re: Tariffs
« Reply #7 on: July 05, 2018, 12:43:12 PM »
  Is it smart to cut taxes ( revenue ) when you are 21 trillion in the hole. Just keep digging ???
The "digging" is taking place on the spending end.  If we were to double the current amount of income to these professional politician types that are/have been running our local, state, and federal governments, then their gleeful reaction would not be to reduce the amount of current debt but to quadruple their spending.  One does not repair a bleeding artery by simply adding more blood.

 You guys keep saying that when you cut taxes. It aint happening.

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Rockdale

  • 6138
Re: Tariffs
« Reply #8 on: July 05, 2018, 01:50:24 PM »
It would be a very bad turn of events if the trade war would include Mexico.  Mexico was buying about 5% of US daily average production of natural gas delivered by pipeline.  And it also is a very big importer by way of LNG.  Apparently much of Mexico, especially in the central and southern parts of the country, is poorly serviced by existing pipelines, and they are forced to buy our natural gas as LNG even though the transportation cost is much higher than by pipeline.

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macal

  • 9585
Re: Tariffs
« Reply #9 on: July 07, 2018, 08:57:43 AM »

  Its on Rock. Winners and Losers. See how it plays out.