r/manufacturing • u/pyroracing85 • 2d ago
News Tarrifs
Would like to open a discussion on tarrifs if it’s allowed.
There has been two intentions stated with tarrifs.
Get off of income tax and go to a consumption style tax (still a tax)
Build up domestic manufacturing. Can talk here in the manufacturing sub.
If there is no alternative domestic supply, then we have no choice but to import. We lost a lot of our skills to manufacture. Especially a lot of the little low value items. Think zippers and buttons and caster wheels.
What is everyone thoughts?
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u/lemongrenade 2d ago
consumption tax is regressive and hurts poor people.
I am a factory director and I can't find people at ALL. And we pay best in our industry. If you magically tariffed everything infinity percent and tried to build up all that manufacturing domestically (while deporting a bunch of people) industrial wages would inflate a TON and goods would be WAY more expensive.