12 votes

China slams US President Donald Trump's ‘flip-flop’ on tariffs as trade spat worsens

27 comments

  1. [2]
    Ten
    Link
    Remember what he said: He only makes the best deals.

    Remember what he said: He only makes the best deals.

    7 votes
    1. Lazarus
      Link Parent
      Yup. Best deals or no deals. No middle ground.

      Yup. Best deals or no deals.

      No middle ground.

      3 votes
  2. [26]
    Comment deleted by author
    Link
    1. [24]
      Ten
      Link Parent
      OK, I fear what I might ask may open up Pandora's Box but: I've heard of Libertarians always claiming that income taxation is theft. Can you elaborate as to why many Libertarians think this?

      OK, I fear what I might ask may open up Pandora's Box but:

      I've heard of Libertarians always claiming that income taxation is theft. Can you elaborate as to why many Libertarians think this?

      7 votes
      1. [5]
        JamesTeaKirk
        Link Parent
        I believe the key point from Libertarians is that taxation isn't voluntary, and it's compulsoriness is theoretically enforced via the threat of force, which is theoretically the definition of theft.

        I believe the key point from Libertarians is that taxation isn't voluntary, and it's compulsoriness is theoretically enforced via the threat of force, which is theoretically the definition of theft.

        5 votes
        1. Lazarus
          Link Parent
          Isn’t by continuing to live in the country...volunteering for the responsibilities and obligations (taxes) that living here requires?

          Isn’t by continuing to live in the country...volunteering for the responsibilities and obligations (taxes) that living here requires?

          9 votes
        2. [2]
          Ten
          Link Parent
          Wow. While I do not agree with that stance I do however respect it. Thank you.

          Wow. While I do not agree with that stance I do however respect it. Thank you.

          3 votes
          1. guamisc
            (edited )
            Link Parent
            I don't really respect it because it tears at the fabric of society. The stance is wholly confrontational and de facto accuses everyone who supports the idea of government or taxation of...

            I don't really respect it because it tears at the fabric of society. The stance is wholly confrontational and de facto accuses everyone who supports the idea of government or taxation of supporting coercion via threat of violence underlying every possible government policy.

            Civil discourse is very hard if you're being painted as some coercive evil.

            E: as > of

            7 votes
        3. orz
          Link Parent
          Sounds more like the definition of extortion - as the enforcement is meant to coincide with something in return (in this case, social programs, roads, infrastructure, etc). Theft/burglary itself...

          Sounds more like the definition of extortion - as the enforcement is meant to coincide with something in return (in this case, social programs, roads, infrastructure, etc). Theft/burglary itself would require simply taking with implied force, but leaving nothing behind.

          3 votes
      2. [19]
        Comment deleted by author
        Link Parent
        1. [13]
          Pilgrim
          Link Parent
          I'm curious how you'd propose we fund infrastructure and critical services without taxation.

          I'm curious how you'd propose we fund infrastructure and critical services without taxation.

          8 votes
          1. [5]
            Comment deleted by author
            Link Parent
            1. Silbern
              (edited )
              Link Parent
              You don't answer his question at all though. You admit you have no idea what you could do and suggest that maybe some luck or magic will intervene and this problem simply goes away by itself....

              But to actually answer your question

              You don't answer his question at all though. You admit you have no idea what you could do and suggest that maybe some luck or magic will intervene and this problem simply goes away by itself. You'd need to provide a detailed example of some kind in order to answer what he asked you.

              6 votes
            2. BuckeyeSundae
              Link Parent
              Except most public goods, of course. This is the core of the response to the idea that taxation is theft, that there are certain public goods and public interests that fall outside of the domain...

              A market tends to provide things that are in demand to the extent that they are possible.

              Except most public goods, of course. This is the core of the response to the idea that taxation is theft, that there are certain public goods and public interests that fall outside of the domain of what a marketplace can provide.

              3 votes
            3. [2]
              Pilgrim
              Link Parent
              Can you share any examples of governments/countries with such a system?

              Can you share any examples of governments/countries with such a system?

              2 votes
              1. [2]
                Comment deleted by author
                Link Parent
                1. Pilgrim
                  Link Parent
                  I do not find that to be a very compelling example. Colonists were quick to establish governments and pool resources for public necessities like roads, water sources, etc. This was alongside and...

                  I do not find that to be a very compelling example.

                  Colonists were quick to establish governments and pool resources for public necessities like roads, water sources, etc. This was alongside and to support commercial enterprise. The idea that public works are some sort of antithesis to commercial works is, I think, misguided. Government is often formed to promote and protect those common interests that we have, and as such, is an extension of the people, rather than an adversary.

                  Here's an interesting paper talking about water sources in early America and their regulation: http://www.mwra.state.ma.us/04water/html/historypaper/ch1.pdf

                  A bit later you have Henry Clay's proposal of the "America System" that uses tariffs to fund road and canal construction, which eventually lead to the Tariff Act of 1816:
                  https://en.wikipedia.org/wiki/American_System_(economic_plan)

                  3 votes
          2. [9]
            Comment deleted by author
            Link Parent
            1. [4]
              guamisc
              Link Parent
              That sounds horribly regressive. How would that not greatly increase inequality?

              That sounds horribly regressive. How would that not greatly increase inequality?

              2 votes
              1. [2]
                Comment deleted by author
                Link Parent
                1. guamisc
                  Link Parent
                  I could be persuaded. I don't really care how the taxation is accomplished, just that our revenue doesn't decrease (short or long term), it ends up more progressive, and there isn't some way for...

                  I could be persuaded.

                  I don't really care how the taxation is accomplished, just that our revenue doesn't decrease (short or long term), it ends up more progressive, and there isn't some way for wealthy people to dodge it.

                  If something can meet that critieria (and some other small ones), I can be convinced to support it.

                  2 votes
              2. JamesTeaKirk
                Link Parent
                I agree with you, but the wealthiest people in the country are already really good at avoiding taxes. Salary (income tax) means nothing to these people after they reach a certain level. I think...

                I agree with you, but the wealthiest people in the country are already really good at avoiding taxes. Salary (income tax) means nothing to these people after they reach a certain level. I think the best way to counter the hoarding of money by the very rich would be to tax financial products, as their wealth is typically stored in them.

                1 vote
              3. BuckeyeSundae
                Link Parent
                The regressive part of a consumption based tax would be taxing the goods that the poor disproportionately need/buy. Alcohol and cigarette taxes are notoriously regressive, for example. In theory...

                The regressive part of a consumption based tax would be taxing the goods that the poor disproportionately need/buy. Alcohol and cigarette taxes are notoriously regressive, for example. In theory you could design a consumption-based tax to impact only those who can afford it (by exempting the goods that are purchased by the poor).

                1 vote
            2. JamesTeaKirk
              Link Parent
              As long as consumption includes securities and other general financial products, it sounds like an intriguing idea.

              As long as consumption includes securities and other general financial products, it sounds like an intriguing idea.

              1 vote
            3. [2]
              EightRoundsRapid
              Link Parent
              I like this idea. It would hasten the demise of consumerism I think. People might actually realise that they don't need a 78" screen TV, or three Maserati coupés to enjoy life. Slap a 40% "luxury...

              I like this idea. It would hasten the demise of consumerism I think. People might actually realise that they don't need a 78" screen TV, or three Maserati coupés to enjoy life.

              Slap a 40% "luxury goods" tax on everything.

              1. [2]
                Comment deleted by author
                Link Parent
                1. EightRoundsRapid
                  Link Parent
                  Personally, I like that my taxes fund things like the NHS, libraries, the legal and judicial systems and infrastructure in general. I'm happy enough with what they help fund that it makes the pill...

                  Personally, I like that my taxes fund things like the NHS, libraries, the legal and judicial systems and infrastructure in general. I'm happy enough with what they help fund that it makes the pill slightly less bitter when I have to swallow things I don't support, like renewing nuclear weapons programmes etc.

                  2 votes
            4. Pilgrim
              Link Parent
              That generally makes sense and I can get behind that.

              That generally makes sense and I can get behind that.

        2. [4]
          Comment deleted by author
          Link Parent
          1. [4]
            Comment deleted by author
            Link Parent
            1. [3]
              Silbern
              Link Parent
              hmm, like describing taxation as theft is? :P Because you see, if you truly support that taxation is theft and that there shouldn't be any, you have no way to enforce or control property...

              but I think describing all property as theft is something that sounds profound, but is actually contradictory.

              hmm, like describing taxation as theft is? :P Because you see, if you truly support that taxation is theft and that there shouldn't be any, you have no way to enforce or control property ownership. "Property" would make no legal sense at all, since there wouldn't be a public police force to enforce property ownership, nor could you force someone to accept or obey any community laws or rulings on the matter. The only thing that decides ownership at that point is might makes right.

              3 votes
              1. EightRoundsRapid
                Link Parent
                This is the ultimate goal of the right wing big business sponsored Libertarian™ project.

                The only thing that decides ownership at that point is might makes right.

                This is the ultimate goal of the right wing big business sponsored Libertarian™ project.

                4 votes
              2. [2]
                Comment deleted by author
                Link Parent
                1. Silbern
                  Link Parent
                  XKCD's 538 is a perfect illustration of why that doesn't work. Remember, we have no police force or a legal system to prevent coercion anymore. Sure you owe them something, you're using their...

                  I disagree that this is always true and would point to cryptocurrency as a counterexample. Assets on blockchains can be owned in a strongly enforced way that does not require any central entity or coercive force.

                  XKCD's 538 is a perfect illustration of why that doesn't work. Remember, we have no police force or a legal system to prevent coercion anymore.

                  The same is true now, I disagree that I owe the USG anything, yet if I don't pay they will lock me in a cage.

                  Sure you owe them something, you're using their services right now. You're sending me a message through the Internet on what is likely publicly subsidized communication networks. You spend every day driving on federal or state funded roads. You went to school for free with publicly funded education. You use water and electricity every day that are publicly funded. Your house was built with the aid of a construction company that was publicly verified and required to uphold safety standards. The alternative is you can be taxed and metered for every one of these - and I hardly see how a single large corporation that gets to charge you whatever exorbitant rates it wants, tracks your every move, and can arbitrarily decide when and who can and can't use basic infrastructure is more free. Especially when you have every right to vote and influence public decisions; you don't have any influence with a private business at all when they hold leverage against you (which they do when they run a monopoly or when the service they provide is essential, which basic infrastructure is)

                  1 vote
        3. [2]
          Ten
          Link Parent
          I respect that. That's what makes America great, ya know? That we can all have different creeds and beliefs.

          I don't think it's necessary and personally see it as fundamentally evil.

          I respect that. That's what makes America great, ya know? That we can all have different creeds and beliefs.

          2 votes
          1. Silbern
            (edited )
            Link Parent
            I mean, you can have that in other countries too you know... And I wouldn't put the US at the top of such a list either. Trump does accurately represent a good 40% of the population after all, and...

            I mean, you can have that in other countries too you know... And I wouldn't put the US at the top of such a list either. Trump does accurately represent a good 40% of the population after all, and he's pretty clear on what he thinks of beliefs or creeds contrary to his own.

            7 votes
    2. Pilgrim
      Link Parent
      Getting rid of the income tax would be the more achievable goal IMO. It'd take a constitutional amendment to get rid of tariffs. It was one of the first ways that the young American government...

      Getting rid of the income tax would be the more achievable goal IMO. It'd take a constitutional amendment to get rid of tariffs. It was one of the first ways that the young American government raised revenue when the country was founded.

      https://usconstitution.net/xconst_A1Sec8.html

      3 votes