[ Who says Im against a 100% tariff on imports?
America goes further into the economic pie-hole every day.
We need to bring back Americas economy. Somehow. If tariffs on all imports will work, Im all for that.
But we need to do something. ]
Simple solution, tie ALL Tariffs directly on the tax rates that domestic production as to suffer.
So by example:
USA Made widget, sells for 1,000 costs the company 200 bucks in taxes on materials and labour to make, ie 20% tax rate on widget.
China Made widget, china sell it to us for 800 bucks, but we put a 200 dollar tariff on it.
So essentially this puts pressure to lower domestic taxes because they are directly tied to Tariffs, so you will have large multinationals actually lobbying to LOWER domestic taxes, win-win.
Domestic taxes go down, domestic production goes up!
Ideally if we funded the government ONLY with Tariffs, Border control would be well funded and ENFORCED!
I’ll tell you what.
You keep on supporting that procedure, and I’ll keep on supporting this procedure, and maybe, just maybe someone somewhere will get one small clue that AMERICA NEEDS TO BRING BACK AMERICAN BUSINESSES.
:D