Mainstream Economics Thread

[sonofdaxjones]

 

VATS are taken out of the equation for foreign goods in the US market at some point.

VATS are not taken out of the equation at any point of the transaction chain for US goods in foreign markets, they are automatic at every step.

So depending on the size of the chain, the compounding could be tremendous for US goods in foreign markets, particularly in the EU

[star seed 7]

Ok, so we've narrowed the issue down to you not understanding what equally applied means. What a waste of the last 7 pages.

[sonofdaxjones]

Ok, so we've narrowed the issue down to you not understanding what equally applied means. What a waste of the last 7 pages.

We've easily concluded that you do not understand what automatic at every step means.

You also cannot grasp the concept that the VAT chain is broken multiple steps before a foreign product gets to a buyer in the United States.

This is quite clear.

[waks]

Ok, so we've narrowed the issue down to you not understanding what equally applied means. What a waste of the last 7 pages.

it's incredible

[sonofdaxjones]

I agree it is amazing.

[Cire]

https://bsky.app/profile/jburnmurdoch.ft.com/post/3llyhgg52vs2b

[Stupid Fitz]

https://bsky.app/profile/jburnmurdoch.ft.com/post/3llyhgg52vs2b

They will never turn against him. It is a cult

[sonofdaxjones]

The above posts are from people who were manipulated into believing multiple completely insane conspiracy theories . . . of which the majority (of millions upon millions) still believe them today.

[Dugout DickStone]

meemaw and peepaw are willing to undergo the pain so that jaxton and maveryk won't have to

[BIG APPLE CAT]

dax your understanding of VATS...speaks volumes.

[sonofdaxjones]

dax your understanding of VATS...speaks volumes.

The broad brush approach of saying it's all equal is pure folly and is only applicable if all steps are exactly the same and the take rate is exactly equal.

The VAT take covers every step for a US good entering the foreign market that doesn't end until the product hits the consumer.

I've outlined a very common scenario where the VAT chain ends for foreign goods entering the US market and that chain can end well before the product hits the retail/consumer level.

[LickNeckey]

lets be honest here

Pubs forever have wanted to replace income tax with increased sales (consumption taxes) as a mechanism to reduce income tax

This is simply the way for Trump to unilaterally do this. (shitting on the entirety of the world economy is an unfortunate byproduct)

[cfbandyman]

Seeing the dow down over 2000 points is, impressive.

[LickNeckey]

imagine basing the largest economic decision of our lifetime on a chat gpt prompt and wiping out over 4 trillion dollars of market value

[steve dave]

LMAOOOOOOAAAOOOOOOOO

https://x.com/Acyn/status/1908230980600791055

[Institutional Control]

Trump offered to reduce tariffs on China for approving the sale of TikTok.  What mumped up priorities.

[wetwillie]

The Art of the Deal lmao

[cfbandyman]

Trump offered to reduce tariffs on China for approving the sale of TikTok.  What mumped up priorities.

Art of the deal

[steve dave]

lmao

https://x.com/buccocapital/status/1908233281507598397

[Sandstone Outcropping]

"War is peace. Freedom is slavery. Ignorance is strength."

LMAOOOOOOAAAOOOOOOOO

https://x.com/Acyn/status/1908230980600791055

[steve dave]

https://x.com/watcherguru/status/1908237577217597569?s=46


Sent from my iPhone using Tapatalk

[CNS]

https://x.com/watcherguru/status/1908237577217597569?s=46


Sent from my iPhone using Tapatalk

Intentionally, for some reason.

[michigancat]

lmao

https://x.com/buccocapital/status/1908233281507598397

That guy's a piece of work

[sonofdaxjones]

lets be honest here

Pubs forever have wanted to replace income tax with increased sales (consumption taxes) as a mechanism to reduce income tax

This is simply the way for Trump to unilaterally do this. (shitting on the entirety of the world economy is an unfortunate byproduct)

Let's be honest . . . what you and the rest of #blueanon/#blueanongE are saying is that you'll forever be for the US getting crap on by alleged "partners" that the US and the US taxpayers afford an unparalleled level of security. China excluded of course.  Relative to China, what you're saying is that please continue to use the powers of the state to subsidize your industry and continue to undercut US companies at every turn and dominate entire sectors up to including heavy goods which include alternative energy producing products.  Hey bitches, learn to code and keep buying those Chinese solar panels to power your laptops.    Free trade, tho!! 

All your blubbering about increasing manufacturing, particularly of geo-strategic and heavy goods is just window dressing for a political agenda to garner votes.

[Dugout DickStone]

I didn't think I'd ever see the market tank that hard let alone twice under the same president