samthegeek’s Twitter Archive—№ 30,639

Cars built in Mexico are disproportionately smaller/cheaper, and bought by people who have less money.
On twitter.com ♻️ 1 Retweets ❤️ 2 Favorites 2017 Jan 26 Mood 0

…in reply to @SamTheGeek
A 20% tax on imports from Mexico disproportionately targets people of lower incomes. Flat tax this is not.
Permalink On twitter.com ❤️ 1 Favorite 2017 Jan 26 Mood 0

…in reply to @SamTheGeek
True, more expensive cars have parts imported from Mexico. But tax is on declared value of the part, not a percentage of the car’s net price
Permalink On twitter.com 2017 Jan 26 Mood +2 🙂

…in reply to @SamTheGeek
Volkswagen would be the angriest about this. They just spent billions to build small cars in MX. Mid-size are built in TN.
Permalink On twitter.com 2017 Jan 26 Mood 0

…in reply to @SamTheGeek
Domestic manufacturers won’t bring the jobs back to the US. Instead, they’ll just stop importing small cars. Cede the market to the Koreans.
Permalink On twitter.com 2017 Jan 26 Mood -1 🙁

…in reply to @SamTheGeek
Small cars are on a big downswing as people move to crossovers and gas prices are low. Profits are already slim.
Permalink On twitter.com ❤️ 1 Favorite 2017 Jan 26 Mood +3 🙂

…in reply to @SamTheGeek
GM has a large advantage as they have small-car production capacity in Korea (ex-Daewoo). I bet those get shipped here, and MX cars to Asia.
Permalink On twitter.com 2017 Jan 26 Mood +2 🙂

…in reply to @SamTheGeek
Man, going back to ranting about cars was fun. Next, I’ll use jonostrower as a source for airplane stuff!
Permalink On twitter.com ❤️ 1 Favorite 2017 Jan 26 Mood +4 🙂