The thing that always baffles me is that they never look to increase government revenue. Every company I’ve worked for the question was always 1 how to increase money coming in then 2 how to reduce money going out. In that order.
Not very effectively. Tariffs return less than the investment in them due to a slow down in the economy they cause. Other things like finding the IRS (8x the investment) and job placement programs return much much more than what is invested in them. It’s like running a restaurant and pricing alcohol at cost while planning for apps to make us the difference, that’s just not reality.
Because the way to increase government revenue is to raise taxes, and businesses and the rich can afford to lobby against that for them, so it means raising taxes for the poorest.
Which doesn’t raise that much and is always unpopular.
The thing that always baffles me is that they never look to increase government revenue. Every company I’ve worked for the question was always 1 how to increase money coming in then 2 how to reduce money going out. In that order.
Isn’t that what tariffs will do for them? (ignoring the blowback)
Not very effectively. Tariffs return less than the investment in them due to a slow down in the economy they cause. Other things like finding the IRS (8x the investment) and job placement programs return much much more than what is invested in them. It’s like running a restaurant and pricing alcohol at cost while planning for apps to make us the difference, that’s just not reality.
Because the way to increase government revenue is to raise taxes, and businesses and the rich can afford to lobby against that for them, so it means raising taxes for the poorest.
Which doesn’t raise that much and is always unpopular.