Flip Side of the Coin
Flip Side of the Coin is a podcast where people can go to explore different viewpoints on many issues. We take an issue and in one episode we examine and explore one viewpoint, and then in the next episode we do the same for the other side of the issue. Our goal is to give our listeners a place where they can explore differing viewpoints and their merits without feeling the need to defend themselves or argue back. Join us as we explore political and social issues, and even break down some issues that are just for fun, as we examine how others view the world in Flip Side of the Coin.
Flip Side of the Coin
In Favor of Tariffs
Today we begin exploring the complex topic of tariffs. Tariffs are a tax that a government imposes on imported goods. This tax is paid for by the importer and is paid to the government into which the goods are being imported into. Tariffs often come up in conversations around economy and international relations as they can play a major role in setting the stage with international trade partners.
We look into the argument that supporters of tariffs often raise. We look at the argument that tariffs can help bolster domestic industries and can help offset trade deficits. We also look at the benefit of additional revenue paid to the government and how that can help benefit the citizens of the importing country.