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Doom
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US Consumers to Pay for Wall: Trump Plans 20% Border Tax on Mexican Goods - Mish - Global Economic Analysis

Trump is new to political theory and thus is ignorant of the concept of "unintended consequences." While this isn't a good sign, it's not that much worse than our veteran politicians who know how unintended consequences work, and enact bad/ineffectual policies anyway.

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Beginning of the headline :Trump has said repeatedly that Mexico will pay for the wall. NAFTA discussions with Mexico broke down because of that insistence. Trump now proposes a 20% Border Tax to Pay for the Wall. Excuse me for pointing out the obvious president Trump, but that is a tax on US consumers. White House Press Secretary Sean Spicer said Thursday that Donald Trump planned to pay for a border wall with Mexico by convincing Congress to impose a 20 percent border tax on imports from Mexico. Speaking in a gaggle ... Read More

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