Are Tariffs a Government Theft of your Property?
Tariffs will certainly raise prices at home. That’s their purpose. Tariffs are taxes. When a product crosses the border, a tariff adds a fee. The item is the same, the seller worked no harder, but government tilted the scale to favor domestic goods.So here’s the real question. If the state forces you to pay more than the market demands, and the extra money flows to a private pocket and not to a public good, is that a government theft of your property? It’s not as black and white as saying yes.Trade Walls and the Great Collapse(Background: somber string swell. An overture to a tragedy.)In 1929…
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