Re:Amicus brief on behalf of 97 tech companies
by jondubois on Monday February 06, 2017 @05:35AM
(#13578241)
He said he will impose a tax on Mexican imports and use the proceeds to pay for the wall - That sounds on track.
[ Parent
| on HN ]
Re:Amicus brief on behalf of 97 tech companies
by _delirium on Monday February 06, 2017 @05:50AM
(#13578316)
A 20% import tariff was floated, but was fairly quickly walked back after a cold reception from the Texas GOP delegation and strong opposition from the Texas Association of Business (Texas does a lot of import/export business with Mexico). Now they're looking into unspecified other mechanisms.
Re:Amicus brief on behalf of 97 tech companies
by celticninja on Monday February 06, 2017 @08:47AM
(#13579328)
You understand that the tax will be passed on to US consumers via higher prices right?
Re:Amicus brief on behalf of 97 tech companies
by coldtea on Tuesday February 07, 2017 @04:10AM
(#13588144)
You understand that this is no rule of nature, right?
It's not like Mexico is the only source of some goods. Or that they can't make concessions (and assume the extra hit on their own margins) if their sales drop. Or tens of other factors and outcomes.
Re:Amicus brief on behalf of 97 tech companies
by celticninja on Tuesday February 07, 2017 @02:40PM
(#13592012)
I do understand that, however it seems unlikely at the moment that they will choose that option.
Re:Amicus brief on behalf of 97 tech companies
by vacri on Monday February 06, 2017 @06:11AM
(#13578418)
Well, it's not making Mexicans pay for it, but Americans.
As for his other promises, I'm also not sure how he's going to manage to massively increase the defense forces while basically halving taxes.