No they wouldn’t Yes it’s a tax A tax on the rich It’s never clear whether that’s a net negative or benefit to the economy Paying 5% more on cars over $200,000 in value isn’t going to have any effect on the economy for example
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Do you not see how pointless your logic is? If you choose to tax products that cost over $200,000 you are really having no impact on the US economy. And probably doing little harm to your.own because the actual quantity of goods taxed is trivial. If this is your definition of luxury goods then 1/
aug 17, 2025, 2:49 pm • 0 0 • view
yes there is no or little harm to your own GDP but there is also no or little harm to the other party. So it is a pointless exercise. As most economists state, putting a tariff is just a tax and taxing imports generally hurts your own economy. 2/
aug 17, 2025, 2:52 pm • 0 0 • view
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aug 17, 2025, 2:53 pm • 0 0 • view