Posted on 10/09/2011 1:37:52 PM PDT by Toddsterpatriot
Milton Friedman shows the stupidity of tariffs.
Well well you finally got to the point. An across the board tariff of about 10% would be all that is needed to level the playing field. 10% is the comparative advantage in using dirt cheap labor from Asia. I guess if there were huge savings in using communist saves to make everything maybe it would be understandable; the selling out of your country. But we are talking pennies on the dollar, our captains of industry are cheap stateless whores.
WHy don’t you do research instead of posting what you feel will bolster your argument, like Bob Beckel does on the FOX 5@5.
“Oh, its very simple! However, the cause isnt because the other nations got stronger, its because we got weaker. “
Exactly, because we gave it away.
“How do you propose well tax ourselves into prosperity?”
wow you’re a good one. where the heck does anything I post imply I support higher taxes?? Please show me. Where do I mention tariffs?
How about not subsidizing the transfer of jobs overseas? how about reducing regulation? how about reducing taxes?
Maybe you could comprehend this statement?
“Its working so well that we dont have a steel industry”
I posted facts - you didn’t.
So can you tell me how taxing our own consumers will make America successful again?
Can ANY of you protectionists tell me how we’re going to tax ourselves into prosperity?
Tariffs do not tax us.
Tariffs tax our competition.
Well do we? You’re the one claiming our steel industry is strong. I’m the one pointing out California went to China to get a bridge built.
Post 32 - you’re obviously opposed to free trade, which pretty much means tariffs.
So are you opposed to tariffs?
Free Traitors have had a good 20 year run, made a lot of blood money and ruined our industrial base. It is time for the Free Traitor slime balls to leave the stage and go crawl under a rock.
Seriously? Tariff: A tariff may be either tax on imports or exports (trade tariff)
It's a tax on IMPORTS. Who pays the tax? The importer - the US consumer. You're woefully ignorant if you believe otherwise.
When a product from Brazil is imported into the US, who collects the tariff? Who pays that tariff?
You really need to educate yourself...
“youre obviously opposed to free trade, which pretty much means tariffs.”
nonsense
An import tariff is a fairly easy consumption tax to avoid, just stay out of ChinaMart. LOL!
There is no tariff of any amount, on goods made in America, grown in America, or drilled out of the ground in the United States of America.
Not one penny.
Simple solution.
Buy American. No tax.
We have free trade? Really? You think what we have now is free trade? Doesn’t really surprise me, given that some of you protectionists think a tariff isn’t a tax on the consumer...
So, how do we have free trade when we have tariffs on almost everything we import, we have quotas and set-asides for importing products, and we restrict import and export of some products? How is that free trade?
You claimed we don't.
Youre the one claiming our steel industry is strong.
Perhaps you'd share the post?
Im the one pointing out California went to China to get a bridge built.
That's awful. Did they save money?
When money goes overseas there are many factors to consider. Only a percentage of that money ever comes back in any form.
The money is removed from the economy. It doesn’t get spent to pay wages, buy food, pay mortgages, or even pay taxes.
Its gone. Its wealth redistribution.
How much steel do we use each year to build tanks and ships?
Responding to an urgent need for revenue following the American Revolutionary War, after passage of the U.S. Constitution the First United States Congress passed, and President George Washington, signed the Tariff Act of July 4, 1789, which authorized the collection of duties on imported goods. Four weeks later, on July 31, the fifth act of Congress established the United States Customs Service and its ports of entry where customs duties (also called tariffs or Ad Valorem taxes) were to be paid. Tariffs were originally recommended in the U.S. by the first Treasury Secretary, Alexander Hamilton, in 1789 to tax foreign imports to provide the Federal Government with money to pay its operating expenses and Federal debts and the debts the states had accumulated during the American Revolutionary War.
How much steel we use isn’t really the important point.
How much steel we will *need* in an emergency, is the real measure.
That’s hard to quantify, but to a couple of signficant digits, the answer is “a lot”.
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