• maplesaga@lemmy.world
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    5 days ago

    Ah, I tend to believe every country should have the ability to control their own trade policy. Paul Krugman a far left leaning economist called it a more politically expedient VAT tax, which most US economists say we need a VAT due to massive US debt accrual.

    https://m.youtube.com/watch?v=TJYqvK_oVN8

    It is a tax, and generates revenue for the US, which is something many left leaning people want for things like a minimum income. I’d be curious if a Democrat did it and used the proceeds to establish a minimum income would people be seething with rage and calling it a betrayal?