CPA: Talking Tariffs with Turkeys
Posted in Daily
| Thanksgiving is a time for turkey, pie, and lively debates. If tariffs come up at the table tomorrow, here are a few pointers on how to keep it festive and educational! 1. Start with the Basics (Like Explaining Cranberry Sauce) ➔ “A tariff is like a fee or tax on imports from other countries. They provide needed revenue to pay for things like national defense and highways, while also promoting self-reliance for food and manufactured goods.” • Use the table as an analogy: “More than half the lamb consumed in America is now imported, making it the first outsourced livestock. Without tariff help, turkey could be next!” 2. Tie It to Thanksgiving Traditions ➔ “Tariffs are about community. Coming together as a nation to support each other.” • Add: “The Founding Fathers supported tariffs for revenue and self-reliance, and said so in the first sentence of the first tariff act, passed July 4, 1789.” 3. Handle Critics Like You Handle Dry Turkey ➔ If someone says tariffs hurt consumers: “Sure, prices might go up slightly, but the government needs tax revenue, so which would you rather have? A national sales tax or tariffs? Long-term, tariffs promote independence and resiliency.” 4. Use the Pie Metaphor ➔ “The U.S. economy is like baking a pie. If someone in another country can build a better mousetrap, they’re welcome to build it here! Tariffs encourage that, growing the American Pie bigger for all our benefit.” 5. Highlight Success Stories ➔ “After new washing machine tariffs were put in place in 2018, LG and Samsung built factories in Tennessee and South Carolina. Over a billion dollars invested in new factories. Thousands of American families supported with good jobs.” 6. Keep It Light ➔ If things get heated: “We’re all grateful to be here, even if we disagree on trade. Let’s argue about dessert instead—pumpkin or pecan?” 7. End with Optimism ➔ “No one likes taxes, but at the end of the day, tariffs are the best tax. Our founding fathers thought so. Everything has to pass through a port anyway, so there’s no real tax burden by collecting a toll when that happens. Keep the domestic economy liquid and dynamic to drive growth and prosperity for Americans.” Happy Thanksgiving from all of us at CPA—here’s to meaningful conversations and a second helping of mashed potatoes! —Team CPA  |
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