Trade is better than tax!

Discussion in 'Economics' started by morganist, Aug 22, 2018.

  1. morganist

    morganist Guest

    By taxing the government limits itself to a cut of the domestic GDP as revenue. If the government traded internationally they can get a cut of the global economy as a source of revenue.
     
    Last edited by a moderator: Aug 22, 2018
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  2. heypa

    heypa

    Good grief! Try to think of the possible unintended consequences .
     
  3. morganist

    morganist Guest

    Consequences of what? What is wrong with trade?
     
  4. lindq

    lindq

    Who is "they" ?

    There's your problem.
     
  5. SunTrader

    SunTrader

    WTF are you even saying?

    What government trades? They confiscate. They buy things - especially votes. They give things away. - see the former.

    But trade LOL.
     
  6. Yeah, this makes no sense. Besides, when America trades, it loses massively. There's nothing wrong at all with truly free trade, but that's not what we have today. We have horrible trade deals that usurp the authority of Congress over trade, and pass it on to foreign governments that win big on our loss.
     
  7. carrer

    carrer

    A country imposed a 25% tariff on your goods and you imposed 2.5% tariff on their goods, that's not free trade, that's fools trade. --rephrased from DJT
     
  8. morganist

    morganist Guest

    Governments can make money. They can make developments and innovations and sell them around the world. See below.

    https://www.huffingtonpost.co.uk/peter-morgan/austerity-alternative_b_15926506.html

    There are so many ways governments can make money. But they have all chosen to tax. The government can go and make its own money rather than taking from the population.
     
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  9. morganist

    morganist Guest

    Your looking at it the wrong way. That the government's main income is from taxes they can make money too. They can trade with other nations through government developed products and innovations.

    https://www.huffingtonpost.co.uk/peter-morgan/austerity-alternative_b_15926506.html
     
  10. SunTrader

    SunTrader

    LOL sell off what they previously confiscated. Of course.

    Otherwise nooooooooooooooo.

    They have no competition and no incentive and most of all they haven't a clue.
     
    #10     Aug 23, 2018