Raising my taxes is a “positive.” That’s all I needed to hear. God Bless our federal government! Raise my taxes high enough and quickly enough to bring these jobs back!
If you really want to avoid tax increases, you should be focused on getting America's economy going again instead of trying to balance the budget while leaving the structural issues with the economy that caused this mess in place.
Besides, I think there is a good argument that China will pay more of those taxes than you will.
It depends on whether the Chinese can raise prices to us and not see the jobs shift back to us. If they can’t raise prices, they’ll pay the tariff and simply have less profit.
Which is okay by me, because the Chinese government was going to take 90% of the profit and buy U.S. Debt with it, or worse U.S. firms that they can dismantle and ship to China. So U.S. Gov’t revenues go up, Communist Chinese gov’t revenues go down.
A tariff is an easy tax to avoid. Didn’t your Chinese handlers explain that to you?