Entrenched GOPe Show Their Cards – Construct “Border Adjustment Tax” To Oppose Trump’s America-First Agenda…

Anyone who believes Democrats own exclusive opposition to Donald Trump are completely ignoring the deliberate construct of the 2015/2016 republican primary.  There are just as many -if not more- natural enemies within the Republican apparatus as there are within the Democrat group.  “America-First” is antithetical to the UniParty.

Again, prior to Donald Trump there was one party in Washington DC, “The UniParty”.  President Donald Trump represented a second party, an independent approach toward legislative and economic priority.  He was not a third choice, he was the second option.

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Within the ‘right-side’ of the UniParty you have Republicans.  Within the republican party there are two groups; both intentionally established to present the fallacy of false choice.

“Small government CONservatives”, just like their “big government” GOPe colleagues, begin remarkable advocacy for the consolidation of self-serving power when they are threatened by sunlight.  It is critical for the U.S. electorate to understand this dynamic.

Whenever CTH reveals this political construct, we come under fire from the hidden elements within the UniParty; most generally from the crony-constitutionalist group represented by the advocacy of old talk-radio yellers.

Ted Cruz and Mike LeeHouse Budget Chairman Paul Ryan

A few days ago we highlighted a maneuver being attempted by the Crony-Constitutionalist group within the DC UniParty.  A specific agenda being put forth by heavily financed operative, Senator Mike Lee. – READ HERE – Today we highlight the economic efforts of the second group which synergizes with Lee’s efforts from the other half of the republican wing of the UniParty.

♦ Senator Mike Lee works to block taxation on imports by removing the tariff authority of President Donald Trump.  This aids his multinational sponsors on Wall Street.  Senator Lee trying to stop Trump from leveling taxes on imports, under the false auspices of constitutional authority. [Made irrelevant by the 1913 passage of the 17th amendment]

♦ Speaker Paul Ryan works to block taxation on imports by manipulating import taxation into a larger “comprehensive corporate tax bill“, and establishing the loopholes, constructed by the same multinational sponsors.  Wall Street then utilizes these constructs to avoid the payment of import taxes.  Watch closely:

(Via Wall Street Journal) The measure, known as border adjustment, would tax imports and exempt exports as part of a broader plan to encourage companies to locate jobs and production in the U.S. But Mr. Trump, in his first comments on the subject, called it “too complicated.” –link

Mike Lee represents the Senate approach.  Speaker Ryan represents the House approach.

However, both approaches are geared toward the same benefactors.  Those benefactors are the lobbyists who pay Republicans for legislative priorities.  Who is that…. Tom Donohue.

For those who don’t know, it is special interest groups, lawyers as lobbyists like the U.S. CoC, who actually write the legislation.  Politicians vote on legislation, they don’t actually put pen to paper and write it – that’s what the congressional lobbyists do.

In both taxation constructs above Mike Lee and Paul Ryan are opposing Donald Trump.  Does this example help to better understand the fallacy of false choice?    It’s the same concept as the GOPe splitter strategy to ensure a specific, controlled and approved ideological candidate wins the primary.

There’s no difference between John Cornyn and Kevin McCarthy; they are beholden to the same group.  There’s also no difference between Ted Cruz and Paul Ryan, they too are beholden to the same corporate interests.  That’s why Cruz and Ryan created Trade Promotion Authority together, the vehicle to pass Donohue’s TPP trade deal.

However, the good news is President Donald Trump is keenly aware of this political alignment.  Heck, he should be… in many ways his understanding of the ‘fallacy of false choice’ is the entire reason Donald Trump finally ran for President:

[…]  “Anytime I hear border adjustment, I don’t love it,” Mr. Trump said in an interview with The Wall Street Journal on Friday. “Because usually it means we’re going to get adjusted into a bad deal. That’s what happens.”

Independent analyses of the Republican tax plan say it would lead the dollar to appreciate further—which would lower the cost of imported goods, offsetting the effects of the tax on retailers and others.

In his interview with the Journal on Friday, Mr. Trump said the U.S. dollar was already “too strong” in part because China holds down its currency, the yuan. “Our companies can’t compete with them now because our currency is too strong. And it’s killing us.”

The yuan is “dropping like a rock,” Mr. Trump said, dismissing recent Chinese actions to support it as done simply “because they don’t want us to get angry.”

Mr. Trump appears to be breaking with a recent tradition of presidents refraining from comments on the dollar’s level. The dollar is up 4% against a broad basket of currencies since he was elected, and roughly 25% since mid-2014.

The dollar and border adjustment tax are both central issues as Mr. Trump moves to strengthen U.S. standing in the global economy.  (more)

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President Trump knows these multi-thousand-page legislative constructs are filled with loop holes allowing Wall Street’s multinationals to skirt around direct import taxation.  Delayed cargo diversion, via geographic third party delivery broker, is one method they use to avoid them.

A direct tariff is specific, direct and generally unavoidable.  Wall Street doesn’t like tariffs and crony-constitutionalists lie about them vociferously.

The opposition groups (Wall Street Multinationals) who are funding the UniParty endeavors of Mike Lee and Paul Ryan etc., have a specific desire to keep the U.S. dollar inflated.  All of these multinationals and large economic nations hold trade dollars in their depositories – it is against their interests to see the dollar drop in value.

Wall Street benefits from a higher dollar – Main Street benefits from a lower dollar.

A secondary reason Trump wants to see lower dollar evaluation is because, debt becomes less burdensome when the value of the U.S. dollar drops.   Trump knows how to manage and leverage debt.  Lowering the U.S. debt is critical to economic growth.

Think of it this way.  If you owe $200,000 on your mortgage and earn $40k per year, that debt is scary.   However, if you owe $200k and earn $60k that debt is less worrying.  When the value of the dollar drops, the weight of our debt burden drops with it because expanding economic growth generates more income to treasury via tax inflows. This is how dangerous debt can be neutralized and paid down.

Remember, there are trillions of globalist dollars at stake – and the DC UniParty, all of it, will fight tooth and nail on behalf of their benefactors.

Patriots will need to respond when we go to the mattresses.

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Steel your resolve.

Just like the GOPe “Splitter Strategy” – teach your friends, family and neighbors.

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This entry was posted in Big Government, Big Stupid Government, Cold Anger, Decepticons, Dem Hypocrisy, Donald Trump, Economy, Education, Election 2016, Election 2017, Legislation, media bias, Mexico, Mike pence, Mitch McConnell, Paul Ryan, Trade Deal, Typical Prog Behavior, Uncategorized, USA. Bookmark the permalink.

315 Responses to Entrenched GOPe Show Their Cards – Construct “Border Adjustment Tax” To Oppose Trump’s America-First Agenda…

  1. Coast says:

    “When the value of the dollar drops, the weight of our debt burden drops with it because expanding economic growth generates more income to treasury via tax inflows.”
    When the value of the dollar drops, it’s true that debt is paid back with “less valued currency”, but that’s not a good reason to destroy the value of the dollar (which is called inflation). If we want to get rid of the national debt fast, then simply declare default, and watch what happens to our money. It won’t be pretty as hyper-inflation hits like a lightning bolt. The answer to the debt is two-fold….cut back spending and energize the economy. A stable currency is the responsibility of the federal government….inflation and deflation is never a good answer.

    Like

  2. cohibadad says:

    Paying down the national debt is something the people in the know know makes no sense. The national debt IS the money in circulation PLUS money that has long since ceased to exist, so even paying down the debt (not even talking about paying off the debt) removes money from circulation causing recession, depression and the need to inject money into circulation, which can only be done at this point through MORE debt. So it simply makes no sense to even talk about paying down the debt. It is what it is. Deficits can be decreased through a booming economy, etc., but debt reduction is just not a realistic idea unless the money system is completely reworked.

    Liked by 1 person

    • rsanchez1990 says:

      Trump himself has said once the national debt passes $25 trillion, we become Greece. It just passed $20 trillion recently. It makes no sense to not talk about paying off the debt.

      “debt reduction is just not a realistic idea unless the money system is completely reworked.”

      Something to watch out for in the coming years.

      Liked by 1 person

      • cohibadad says:

        I’m not sure how it sounds when someone says this, but I can only imagine. When I heard it said 30 years ago I thought it was crazy and didn’t make sense, but I studied it over several years so now I have a totally different perspective. And what I found out is that the money system is the fundamental problem with our economy. All of the globalist deals and Wall Street maneuvering is based on the seemingly illogical money system. When I say it isn’t realistic, what I mean is that it simply isn’t reality. The fact that no one talks about this publicly is the first clue to how big of a deal it is. Imagine this: you live in a town where $1000 circulates between people for commerce, etc. And imagine that in this case $1000 is just enough. All the commerce and transactions are covered by this $1000 circulating. But the $1000 actually came from borrowing and people want to eliminate debt so they pay back some of it. Let’s say $100. If they paid back $1000, there would be $0 circulating, nothing, nada, zilch. But even if you pay back $100, now there is less money for commerce, businesses struggle or fail. Now hypothetically prices could be adjusted downwards to compensate for the decreased money in circulation (deflation) but that isn’t a natural thing to do and there are prior debts dependent that prior $1000 circulating environment. This has happened many times with disasterous results. Post-Civil War withdrawal of the greenbacks is a perfect example. Deflation is a greater disaster than Inflation. Now, the difference between the example I gave you and what we have today is even worse. The money in circulation is simply debt. It is created through debt and only a small percent of it is ever printed (<5%). So it is simply checkbook entries in cyberspace. And a large proportion of the money in circulation is created by private banks, not the Federal Reserve. Your local banks, Chase, etc. are all creating money that circulates. When you take out a loan, mortgage, car loan, that money is created in cyberspace, but only the principal and not the interest is created, which leads to a spiral of ever increasing debt that is mathematically not payable. You can pay back the principal but to get the interest you or someone else has to go into debt to have that money created too. And all principal when paid back is extinguished from existence as if it never existed. The $20T is only part of the debt we face. The private debt is monstrous. What I have just described to you is factually correct. It took me quite a while to test it, analyze it and comprehend it, so I don’t expect you to just grasp the implications of it, but it is exponentially huge, dwarfing any trade deals, border, taxes, etc.

        Liked by 2 people

        • rsanchez1990 says:

          It looks like your comment was cut off, but I’ll comment on what came through.

          I do think there will be a period of adjustment for businesses. They will adjust or fail, which is neither absolutely good not absolutely bad. Businesses are already adjusting in never ending inflation by raising prices to cover rising costs. In deflation they would adjust the other way. They would need to charge less because there is less money. Prices would go down, but costs would also go down. I disagree that this is not natural.

          With regards to debt, we are headed for an economic crisis if the debt continues to rise and people lose faith in the government’s ability to pay off some of the debt. Doing nothing is not an option. A deflationary period will be less painful than a default on the debt.

          Like

    • What about the interest on all debt? THAT is the danger.

      Liked by 1 person

      • cohibadad says:

        yes. the interest on the debt is the profit received for “lending”. That money is not extinguished and continues to recirculate when spent by the lenders. If the interest isn’t paid, more principal is created to cover the interest, so a partial solution to the problem is to reduce the deficit nationally so that the rate of increase in the debt is diminished, but unless the underlying problem is corrected, all we are doing is shifting the passenger load on the Titanic.

        Liked by 1 person

    • DS says:

      Watch Bill Still’s video called the Money Masters — at the end he discusses how to pay off the debt easily by replacing it with debt-free currency issued directly by the Treasury, cutting out the Fed and their usury.

      Liked by 1 person

      • cohibadad says:

        I’ve seen it. Bill has some interesting stuff, and having debt-free currency is definitely the answer, but paying off the debt isn’t really that simple. As I’ve explained, and as I’ve never heard him ever mention, private banks issuing debt based money into circulation is a huge proportion of our debt problem and it has nothing to do with national debt.

        Liked by 1 person

    • Mr. T. says:

      Cohibadad, the national debt can be paid off by reducing the amount of government agencies there are. The biggest expense in business and government is PEOPLE. With less government comes less payroll, as well as the need to provide funding for equipment and other assets. Paul “The Weasel” Ryan even had a plan back in 2012 when he was running with Back Stabbing Two Face Mitt, to use pennies per every tax dollar raised to pay off the debt. Of course we all know that Ryan shares a lot of responsibility towards running up that debt as the speaker who worked with McConnell to give Obama that bloated Omnibus spending bill that he wanted. Watch, as Trump DEMANDS congress do their job and create a budget plan, a BALANCED budget plan. Congress hasn’t had a budget in over eight years. Both sides of the aisle share the blame for that.

      Liked by 3 people

      • Mr. T. says:

        Cohibadad, the national debt can be paid off by reducing the amount of government agencies there are. The biggest expense in business and government is PEOPLE. With less government comes less payroll, as well as the need to provide funding for equipment and other assets. Paul “The Weasel” Ryan even had a plan back in 2012 when he was running with Back Stabbing Two Face Mitt, to use pennies per every tax dollar raised to pay off the debt. Of course we all know that Ryan shares a lot of responsibility towards running up that debt as the speaker who worked with McConnell to give Obama that bloated Omnibus spending bill that he wanted. Watch, as Trump DEMANDS congress do their job and create a budget plan, a BALANCED budget plan. Congress hasn’t had a budget in over eight years. Both sides of the aisle share the blame for that.

        Like

        • Mr. T. says:

          Trump wants to stop the nation building Obama and Clinton were involved in, as well as Bush 43. The money saved by NOT pumping billions to other countries can also be used to service the national debt. There are lots of other ways to reduce government spending, Trump knows it and hopefully will get this country going in the RIGHT direction.

          Liked by 1 person

      • cohibadad says:

        Mr. T, what you’ve explained is reducing the deficit, the debt is a separate matter. Most of what Donald Trump has mentioned has to do with deficit as well. The national debt would not be affected by reducing worthless employees or programs, just the rate of increase. Reducing the debt is a complete different animal than reducing the rate of increase.

        Liked by 1 person

    • Debt is what drives a fractional banking system. To some, they may shake their heads and think, how on earth can dept make for a healthy economy?

      Here is how.

      I make $1000 and deposit that money in my account. By law, my bank must keep 10% of that money on reserve, but they may loan out 90% of it to others.

      So, they do because this is how banks make money. Joe the Barber needs $900 for a new laptop and thinks he will go down to my bank and borrow it.

      So they loan Joe $900 of my deposit.

      But wait…..I still have my $1000 in my account, Joe has $900 and the money circulating in the system just almost doubled……

      This can only happen because our money is not real money……It is just strokes on a computer keyboard…..

      Ahhhhhh yes….debt is indeed what drives our economy……

      Liked by 1 person

      • cohibadad says:

        Yes, they would have you believe that the money being loaned is from deposits, but as you said nothing is ever deducted. The amount able to be loaned has some fractional reserve explanation, but the money they loan is not deducted from yours or anyone else’s deposit. And if anyone defaults on their loans it never appears as a loss to anyone’s deposits. If the bank makes too many bad loans or if the bank fails, then everyone loses their deposits. They lose their safe deposit box contents too, which have nothing whatsoever to do with loans. The loans banks make are simply check book entries in cyberspace based on the “reserves” a bank has to justify their loans. The “reserves” are essentially what is confiscated to penalize for bad loans. Private banks are creating money that are exchanged exactly as if they are Federal Reserve Notes, legal tender, or whatever you want to call it. Being a banker or owning a bank is essentially a license to make money, with limits, depending on how creative you are.

        Liked by 3 people

    • An American says:

      People in the know know paying down the debt makes no sense, that’s because they are in on the rigged game making millions if not more. When interest rates rise and they will, interest on the debt will go up drastically. Debt is not supposed to go on into infinity. No one ever gets rich paying the next guy. The Natinal Debt is an outright sin. What do we have to show for it, especially the last 8 years? Not a damn thing. The government must be trimmed to the quick and deficit spending be nonexistent unless proven to be an outright emergency.

      Liked by 1 person

      • cohibadad says:

        Yes it’s rigged. There is no need for a debt-based money system. It simply distorts the entire economy, gives a small group of people incredible power and enriches them.

        Like

        • An American says:

          Does anyone know how much of the principal on the debt has been paid off? When we purchase a car or home for example, so much of the monthly payment goes to interest and some to principal so one can see the light at the end of the tunnel or out of that particular debt. Usually there is a yearly summary showing this. So for the past 8 years the national debt has doubled. Has any of the old debt before 08 been retired? And if it has been retired then the debt starting in 08 is actually more than what the claim is. It is all in the numbers!

          Liked by 1 person

          • cohibadad says:

            I don’t think any national debt has ever been paid back for exactly the reasons I’ve given. The US government either pays the interest or increases the debt to create more money to pay the interest, but never pays down the debt.

            Like

        • Realtalker says:

          Debt-based money (money coming into existence in the form of a loan, from a central bank to a gov’t and from banks to people) s the greatest scam in history. It is a simple debt-slavery scam.

          Good job explaining it. It is hard for people to understand upon first hearing it because it is so insanely stupid…unless you’re a banker or a politician financed by bankers.

          I explain it like this: money has to be in existence so we don’t have to barter, and somebody has to bring this money into existence and perform the job of bring more into existence periodically to keep it in proportion with population as the population grows. Bankers hoodwinked humanity and paid politicians so bankers have this job. Instead of just creating $ and spending/gifting into existence (into the people’s hands) for FREE where it can stay in the economy, bankers LOAN it into existence so they can CHARGE INTEREST. Thus humanity is paying bankers billions (trillions over time) to do the job of…wait for it…typing numbers into a computer (that’s how money comes into existence). Thus worldwide, banks reap 25% of profits and only create 4% of jobs. It is parasitic and creates all sorts of other problems on top: totally unnecessary recessions/depressions, etc.

          Liked by 2 people

          • cohibadad says:

            Excellent explanation. One could say they allow us to use their money system and charge us interest for the favor. It is the most insanely unproductive money making schemes in the history of the world. Parasitic, scam, all correct descriptions IMO.

            Like

    • Are you not conflating money supply with national debt?

      Like

      • cohibadad says:

        No. Money supply is related, but different. I think the important point to note is that national debt is creation of money and what we have circulating as money are essentially IOUs. Repayment of debt does not simply pay money that continues to recirculate, it extinguishes money from circulation causing the inevitable need to create more money through debt.

        Liked by 1 person

        • An American says:

          When you say the “creation of money”, is that through printing it or the selling of bonds/promissory note? In my world, when you borrow you get money from another source that is willing to lend it for a price. So the lender puts money in circulation and the borrower does too. So I am trying to understand how the monies don’t stay in circulation.

          Like

          • cohibadad says:

            it’s the rules of the game. The money doesn’t exist until the debt is incurred and when the principal is repayed it ceases to exist. The US government issues treasury bonds. Any treasury bonds not purchased by other parties are purchased by the Federal Reserve, which purchases by creating money. But what few people realize is that private banks do the same thing, creating money through debt. They aren’t lending money or putting money in circulation that they have sitting in a vault or behind an army at Fort Knox. I hope that’s clear.

            Like

            • An American says:

              Didn’t the private banks issue loans from money that people had placed in the bank as savings accounts/cd’s. So the banks had the actual money. The bank would pay the savers say 5% interest and they loaned the money out at say 8% interest. Real money. IMO the whole thing went upside down when banks turned to securities/the market as interest rates fell through the floor. The federal reserve should be audited and then be done away with!

              Like

    • JAS says:

      I strongly disagree. There are few things better on this planet than having some wealth and being debt free. It opens up unlimited options. Plus we all sleep better at night.

      My Dad was the complete opposite. He believed that debt was a great thing and often said, “let the devil pay my last bill”. Well it was not the devil. It has taken us heirs ten years to finally pay all his debt, to the tune of $ 60,000 A MONTH.

      Been then done that. Don’t wish it on my worst enemy.

      Liked by 1 person

      • JAS says:

        Why is the dollar strong these days? Trust me, it has nothing to do with the dollar and all to do with everyone else being worse off. WE are in deep dodoo with all our debt.

        It pays the holders of our debt to devalue THEIR currency. Think about it. They don’t care about their citizens, the powers that be only care about their own wallets. And their wallets are full of US dollars.

        Like

      • cohibadad says:

        I think a lot of people think like you. I am one of them. Debt is like a disease to me, but the system is based on debt, going into debt, living in debt and increasing the debt, both personal and public. Not my way at all though.

        Like

        • Paco Loco says:

          So what will be the straw that breaks the fractional banking camels back? Deflation or inflation?

          Like

          • cohibadad says:

            Deflation or Inflation aren’t the straw the breaks the back, but deflation is the result of money being sucked out of the economy faster than it can be reinjected. We are in the vertical phase of debt creation, that’s why it doubled under Obama without having some incredible inflation. If there really was 10 trillion more dollars injected into the economy we would have an incredible increase in prices (inflation) but that hasn’t happened, which tells me that this 10 trillion dollars has largely offset DEFLATION. Now, as less money is injected or as more is withdrawn through repayments of debts (private), then with less cash circulating there will be more of a tilt towards deflation. IMO, that is what to watch for.

            Like

    • KillinEmSoftly says:

      This just isn’t true…the national debt is $20T+…the amount of money in circulation is $1.2T…your concept of how money flows is way off-base

      Like

      • cohibadad says:

        Actually, this is exactly the results one would expect from what I’ve described. When money is created through debt, only the principal is created and not the interest. To pay the loan off requires one to acquire the interest from either more debt or someone else going into debt, but then the cycle continues. As some people extinguish their debt by paying principal and interest the money in circulation decreases and in the end you have $20T national debt and $1.2T in circulation. In other words, if all the money in circulation was applied to the national debt it would barely make a dent and there would be no money circulating. It isn’t my concept of money. I learned this from George Whitehurst Berry and his great radio program that is over, Crash! Are you Ready? and Byron Dale. He has a great book explaining it and some YouTube videos. He has a great example of a card game to illustrate how this works that he used to tell Congressman who thought the same as you, it just can’t be true.

        Like

  3. freddiel says:

    If Trump has his way, the MSM will no longer be a major player in the propaganda war. This will make a HUGE difference going forward. We will have 4 years of alternate news sources to educate the masses. That in itself will make President Trump’s job much easier.

    Liked by 5 people

  4. Guy Bee says:

    He says he has direct access to 50 million Americans. That is a much larger circulation than any major news outlet by multiples. He does not need the news outlets – between talk radio, the cable news broadcasts and social media – CNN, MSNBC and the others are toast.

    Liked by 3 people

  5. bob says:

    Sundance, thanks for using your genius to keep us informed! I’ve never had any of this explained and laid out so clearly. It is right there before us but we were blind to it. Thanks!

    Liked by 3 people

  6. trapper says:

    I don’t worry about PE Trump getting snookered by the neocon globalists in Congress. He’s been dealing with banks his entire career, and is perfectly used to the hidden poison pills, back doors, escape hatches, hidden cross-defaults, lien grants, and the whole array of tricks and dodges buried in loan documents that give with one hand while getting into your pockets with the other. Lending on real estate development is a short con run by the banks, and investment banking is little more than an elaborate long con. He’s seen it all, and so have those he has assembled around him.

    Fear not. They know Trump has the guts to walk away, veto the whole thing, tweet out their tricks to the world, and tell them to start over. Trump is not some rube who just blundered into this, and that is precisely what has the globalists crapping their pants.

    Liked by 3 people

    • Amen to that trapper, Amen to that.

      Like

    • Dr T says:

      Prior to the election I had not considered his experience with banks . I did know about VAT taxes but now, after seeing what these RINO plans really were and had up their sleeves ready for execution .. I can only say that Pres Trumps experience with banks is vast and that we really dodged a bullet . How is it possible that we got the best person with all the right background for the right time? I keep being amazed everyday and thinking that God does work in mysterious way . Thank you Sundance for your great expose that makes it understandable to many of us who didn’t know about this. And thank you to all the treepers smart commenters that understood this conceot before . We are indeed blessed to be here

      Liked by 1 person

  7. orchidgrl says:

    Very good article. Really explained well. Thank God President Trump will be taking over in ….2 TWO…2 more days. YAY!!! MAGA! I’m so glad he’s gonna drain this swamp, and he’s just the man to do it.

    Liked by 1 person

    • readygo137 says:

      TRUMP biggest opponents will be the Republican Conservatives who are the UNIPARTY. His allies are the American Conservative First people of this country. Will be interesting the battle of TRUMP vs RYAN, McConnell and 90% of the House and Senate. He has a big challenge because all the leadership of both parties are all UNIPARTY but he knows that from the beginning.

      Liked by 2 people

      • Paco Loco says:

        Wall Street and the bankers are all in on the fractional reserve money scam. The real economy is much worse than the government will admit. The Ponzi scheme is now 102 years in the running since the Fed was created in 1913 by the big bankers to run this grand Ponzi. The implementation of the Income Tax, designed by the same bankers to fund the Ponzi also came into being in 1913. Coincidence?

        The $20trillion national debt is well beyond repayment and as inflation raises it too grows. If Trump truly understands the problem and try’s to get the US back on gold backed “sound money” and off of debt financing, he will be at war with the biggest beasts on the planet who will want him dead. This is the real war of wars and Katy bar the door if he try’s to take them on.

        Like

  8. SD you are spot on in this issue. Just today the Washington Post has an article on how the Border Adjustment Tax(VAT Tax) would make Mexico pay for the Wall Trump in a year no more than 2 years at the most. Imagine the Washington Post wanting a tax vehicle that pays for the wall! Me thinks something is a foot. This article was not behind their pay wall for maximum exposure.

    https://www.washingtonpost.com/opinions/yes-trump-can-make-mexico-pay-for-the-border-wall-heres-how/2017/01/17/7edf7872-dcbf-11e6-ad42-f3375f271c9c_story.html?utm_term=.6c9f6cc25e27

    Liked by 1 person

    • I think I will start calling it the GREAT WALL OF TRUMP

      Liked by 1 person

    • beelza says:

      Last line is a small, but very astute observation.

      Like

    • JAS says:

      I can’t buy it. Trump is right, I’m not in love. Guess who is going to pay for the import tax? That’s right, you and me. Tariffs are good to control the cheaters, that’s a better alternative but it is also fraught with problems.

      The key is to increase our production of natural resources. That does two things. It makes us independent when it comes to raw materials, and it brings the global price of these commodities down.

      A win win for us and every one else, except Wall street of course. They will fight it to the end.

      Like

  9. beelza says:

    These men are traitors to this nation. Period.

    Liked by 2 people

  10. maga2016 says:

    Globalist cucks need to be destroyed

    Liked by 2 people

  11. paulinohio says:

    I mentioned this in the Mike Lee post the other day. I have researched this BAT tax as thoroughly as one can given the lack of information available on the Ryan Better Way Plan.

    There are many issues with this plan, but chief among them is that it relies on the concept that the dollar will strengthen and that offsets what would essentially be a 20% tariff on imports. As I said previously, this is crazy and anyone who deals with FX understands that the current Forex market is heavily manipulated by governments and central banks.

    In the end the GOPe is more concerned about lowering tax rates on BIG corporations at the expense of the little guy. Anyone who does even the smallest amount of research knows that many of these companies crying about corporate tax rates are full of crap and a large number end up paying no taxes. This is one liberal talking point that is actually correct.

    Sundance is spot on with his analysis. The republicans in the house and senate want only to make the system more complicated so they can hide their well placed loopholes required by the masters that own them.

    I know the flat and fair tax are likely never going to happen, but they should. Our system is simply too complicated, but that is the intention. They want us to not understand how it works.

    Liked by 2 people

  12. jojo says:

    Start calling Lee, Cruz, McConnell, Cornyn and all the other GOPe. Let’ them know President TRUMP is our CITIZEN SELECTED & ELECTED PRESIDENT. They can get behind him or they’ll have HELL to pay. We’ve got to have TRUMP’s back against these back stabbers. Burn the phone lines up let’s get it started.

    Liked by 1 person

  13. Nancy Blowski says:

    Is Obozo going to take the money printing press with him when he leaves.
    That’s the easiest way to stop the debt problem.

    Like

  14. trapper says:

    Everyone who has ever worked for an American manufacturer knows that everything Sundance says here is spot on.

    A weak dollar means American-made goods enter foreign countries priced lower in those local currencies compared with their own products, giving the American made goods a price advantage. Similarly, foreign made goods enter the US at higher dollar prices relative to American made goods, making American made goods cheaper than the imports here in the US. American exports are helped by a weak dollar. Imports into the US are hurt by a weak dollar. Weak dollar = good for American manufacturers.

    However, the inverse is also true, and that is why the Chinese manipulate their currency to keep it low, to help Chinese manufacturers.

    Not only are American manufacturers up against a rigged market at home, but for those American made goods that they can manage to export, when they attempt to bring the foreign profits home American companies are faced with a confiscatory double tax, forcing them to leave their foreign profits (cash) offshore. So, when it comes time to expand and build a new plant, where is their money already parked? You got it. Over there. So where to do they build?

    This is OUR movement, and we put Donald Trump at the front of it. Even if they don’t fully grasp it yet, Trump is the best friend the globalists have. He will let them walk away with their skins. Some others would not be that charitable about it. Again, they had better learn to get along with Trump, because if they prevent him from succeeding and rebuilding America they will REALLY not like who we send next.

    Liked by 2 people

    • paulinohio says:

      “Not only are American manufacturers up against a rigged market at home, but for those American made goods that they can manage to export, when they attempt to bring the foreign profits home American companies are faced with a confiscatory double tax, forcing them to leave their foreign profits (cash) offshore.”

      I just want to point out that this is technically not correct, or maybe just misworded. I think you are referring to the corporate tax situation. Now, if I export $100K worth of paper to Germany I will not pay corporate taxes on it is Germany and then again in the USA. That paper was made in the USA and the sale was made from the USA, thus it is only subject to the US taxes. (specifically talking taxes not tariffs)

      Now, if I build a plant in Germany to make paper that will be sold in Germany then we get into a double taxation situation.

      So your end statement is correct – they leave cash overseas because it would cost them to bring it back to USA. But all of that cash is from overseas operations, not US made exports.

      Like

      • trapper says:

        Actually, I believe it depends on how they structure it corporately. If an American manufacturer sells to its foreign subsidiary that then makes the sale in the foreign country, the corporation overall pays overseas income tax, no? There are internal transfer payments within the company overall, supposedly at cost, but the profit is realized and taxed to the foreign sub in the foreign county and the proceeds (cash) is still stuck there. Unless I misremember this.

        Like

        • paulinohio says:

          Yes, you are definitely correct. But in any case there must be a branch/subsidiary in the foreign country. I was just saying that if Bob’s Paper Supply exports a container of paper to a foreign country and assuming he is only located in the USA those sales are not taxed at a corporate level in the foreign country.

          I’m vehemently opposed to a BAT tax, for many reasons. My main issue is that I would like to see the tax code simplified and not made more complicated. I also get tired of big companies crying about tax rates when so many of them pay little to no corporate taxes – with some even getting a refund.

          The BAT tax could very easily be transformed into a VAT tax. Anyone who lives or has done business in Europe knows this is not a route we want to pursue.

          While republicans are in power today, that pendulum can always swing. So we must keep in mind what is “possible” with the legislation we pass. If the democrats regain power what can they do with these new tax categories?

          In the end, the only tax I want to get behind is a lower tax. The government needs to stop redistributing wealth. When we got to the points where less than 50% of people actually pay income tax, with the other 50%+ paying none or getting payment (not refunds, they actually get back more than they paid) that is total BS. I’m tired of subsidizing the lazy and I am also tired of crony corporate welfare.

          Like

  15. litenmaus says:

    01.18.2017 – Writer Chriss Street – Trump objects to Paul Ryan’s adjustment tax…….

    http://www.breitbart.com/california/2017/01/18/trump-objects-republicans-border-adjustment-tax/

    Like

  16. Attorney says:

    These vile little people. Best antiseptic is that Trump takes his message to the public which will be disgusted at the 1000 page legislation, etc. Nobody makes it clear like he can….

    Like

  17. flawesttexas says:

    Trump just needs to remember…

    67 and 295

    It takes 67 Senators and 295 House Members to really stop Trump on anything he wants to do.

    It means a lot of folks from one party need to vote with the other party. A real problem when it comes to their re-elections.

    Like

  18. IrishMutt says:

    An excellent sequence of replies, cohibadad!!

    When Trump pointed out that the USA would never have to default on its own debt because it can always issue more currency, it raised my hopes that he actually understood the full ramifications of our sovereign monetary and banking system, but was deliberately holding back revealing all that he understands. That in turn made it seem more likely to me he’d be able to intellectually disarm the opponents of the massive infrastructure / employment projects he promoted during his campaign. Unfortunately, he seems to have selected deficit and debt hawks who are likely to oppose those projects, or at least advise a scaling back, from within his own administration.

    If Team Trump has a hole in its swing, it’s a lack of exposure to and understanding of Modern Monetary Theory. Without it he’s going to be handicapped MGAing.

    Like

  19. All American Snowflake says:

    Time to drain the swamp.

    Like

  20. James O'Malley says:

    My question is how do we counter the GOPe? What should our strategy be?

    Like

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