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by tracker1
2001 days ago
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While I disagree on the targets of financial gains and income, I think that tariffs and excise taxes along with foreign currency exchange taxes would be more impactful. A significant portion of the issue comes down to the amount of manufacturing that has gone overseas, and with a lot of those at the top having tax havens and/or being incorporated out of the US, the use of financial gains taxes would do very little to curb the tide. And despite the increased cost in a lot of things, I think a trade war with China is largely inevitable. As to the increased costs, maybe it would actually get people to think about what they're doing, and other points of concern like Right To Repair legislation. The fact that we buy so many things in our day to day lives that don't even make it 5 years is fucking ridiculous. |
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