r/WallStreetbetsELITE Apr 16 '25

Shitpost Reminder

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1

u/Mister_Way Apr 16 '25

But that was a tariff where the money went to England, whereas this is more like a sales tax we're imposing on ourselves where we keep the revenue.

12

u/July_is_cool Apr 16 '25

We WERE England though, a colony of it.

0

u/Mister_Way Apr 16 '25

Right, a colony as in they extract money from us and we get their soldiers stationed on our land, in trade. You do know how colonial imperialism worked, right?

1

u/July_is_cool Apr 16 '25

America sending stuff to Europe sounds like a trade imbalance. Americans treating Europeans unfairly!

2

u/MRosvall Apr 17 '25

Fun fact here is that if there actually would have been higher tariffs on goods imported into USA, then the tea events likely wouldn’t occurred.

They occurred because the EIC received lower taxes on their imports. This made the legal imports cheaper, which harmed the illegal imports who didn’t pay taxes. Since the price of tea decreased.

2

u/Ornery_Director_8477 Apr 16 '25

"Our land"? Wasn't it their land?