Quote:
Originally Posted by EldrickOnIce
Thank you for the detailed response.
I'm just imagining a scenario where significant tariffs might result in something other than a net loss for the 'average' person. I do understand the principle of deadweight loss. Just wondering if you returned the excess revenue from tarrifs to the lowest income taxpayers if it might not be a reasonable policy to encourage buying 'American' and let the high tax bracket people pay the toll.
So a rebate that ended at taxable income of x, payed for by tarrifs collected on imported goods.
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I have a better chance of becoming King, the tariffs will be used to give the rich tax breaks wil the VA and medicare will be sold off to some HMO