Quote:
Originally Posted by opinionist
Tariffs are intended to bring jobs back into the United States, thereby balancing trade. An additional benefit is a reduction in taxes. If the size of government can be cut by 80%, then taxes can be reduced to zero like in the 1800s. Since 80% of the government is not within the enumerated powers limited by the Constitution, the reduction is required by law. It will be interesting to see what happens.
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My taxes are less than my expenses. The cost of inflation is higher than any taxes saved, for MOST Americans. Only the wealthiest will benefit from this "trickle down" concept. This was proven in the Reagan Administration.
Also, in the 1800's, businesses didn't have the expense of paying their workers, or paying unemployment insurance, providing health insurance, workers compensation. Why not? Because they OWNED those workers. The workers were slaves. If they worked themselves to death, they became fertilizer and were replaced with a fresh batch right off the boat.
Actually hired employees were paid pennies, most of them worked 10-12 hour shifts just to afford to live in squalor. Disease was common, health care was mostly non-existent and experimental. Indoor plumbing was considered a luxury for the wealthy.
Not interested in going back to the 1800's, but I'm sure there are some Amish farms in the US you could move to, to enjoy that lifestyle if you really want it.