fedops 💙💛 on Nostr: nprofile1q…8hpxz we pay quite a bit more taxes than you and I'm totally ok with ...
nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqkpwlxpzkxfmuxjmzc2wp3rf9vjg0sgydmlhsnrgqr3maf59h86qq38hpxz (nprofile…hpxz) we pay quite a bit more taxes than you and I'm totally ok with that. It finances things that help social equality.
Tariffs are not the same thing as taxes. They can be used to combat unfair price dumping, like with Chinese EVs.
But they can also be used to unfairly favor companies that don't want or cannot compete. The problem is they disincentivise investments into production improvements. Meaning the moment they are lifted the companies are worse off than before.
nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqzvax3r7j4smpxcrnxlznc5yv2x26e5rpuutmxssxwevp2fr8wlwq6agfyr (nprofile…gfyr)
Tariffs are not the same thing as taxes. They can be used to combat unfair price dumping, like with Chinese EVs.
But they can also be used to unfairly favor companies that don't want or cannot compete. The problem is they disincentivise investments into production improvements. Meaning the moment they are lifted the companies are worse off than before.
nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqzvax3r7j4smpxcrnxlznc5yv2x26e5rpuutmxssxwevp2fr8wlwq6agfyr (nprofile…gfyr)