Financing for The Wall
Jan 26, 2017 15:51:57 #
Trump's wall at the Mexican border will probably be paid for through a 20% tax on imports from Mexico. It looks like we will be paying for the wall after all. No surprise there. With Mexican imports totaling about $259 billion, the tax would generate about $59 billion, so that should cover the cost, not counting cost overruns. With fewer illegal aliens entering the country, employers will now have the opportunity to employ American citizens.
http://www.businessinsider.com/sean-spicer-trump-considering-20-tax-on-mexican-imports-2017-1
http://www.businessinsider.com/sean-spicer-trump-considering-20-tax-on-mexican-imports-2017-1
Jan 26, 2017 15:54:52 #
So much for exporting natural gas and diesel to Mexico. Texas is going to take a hit.
Jan 26, 2017 16:07:06 #
They already had the opportunity to hire U.S. citizens. This is a tax on us.
Jan 26, 2017 16:29:08 #
Jan 26, 2017 16:39:01 #
I don't think Mexico is in that big of a bind to buy from us. Maybe not, but if I was a company preparing to build a billion dollar refinery and pipeline, I would think long and hard about the current circumstances. Wouldn't you?
Jan 26, 2017 16:39:24 #
cpeter234
Loc: WA state Lost in South Boston, VA
All speculation...ALL! Why not learn to play 'jacks' or operate a yo-yo, something far more productive than whining!
Jan 26, 2017 16:41:43 #
cpeter234 wrote:
All speculation...ALL! Why not learn to play 'jacks' or operate a yo-yo, something far more productive than whining!
It affects my livelihood.
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