Question for Fans of Tariffs and of Tariff Man
Question for fans of tariffs and of Tariff Man: If it’s ethical and economically wise to impose tariffs on foreign cars in order to artificially increase the demand for American-made new cars, is it also ethical and economically wise to impose punitive taxes on Americans’ purchases of used cars? This latter tax has exactly the same effect on the market for new American-made cars as does the former tax. If you favor tariffs on imported new cars but oppose taxes on purchases of used cars, please identify the difference you see that distinguishes one of these taxes from the other.
(This question was prompted by the piece, linked here, that was brought to my attention by Scott Lincicome.)
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