[robertpaulsen]

Nope. You'd pay $10. The NRST only benefits local manufacturing.

Think about how much we import.

[jonestown]

You own a store that sells widgets. There happens to be a widget store across the street from you as well. Your both in fierce competition for consumers.
The NRST is passed and enacted. Prior to this you were paying the Widget suppliers [both foreign & domestic,] $10 per widget. Now the [domestic] widget supplier sells them for $7.

Do you lower your prices before your competition does? Do you lower your prices after he does? Or do neither of you lower your prices?
194 Phantom Lord


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Excuse me, Mr. Phantom Lord, but I import my widgets from a Chinese company. (Actually, I import 75% of my products from overseas manufacturers. So do my competitors. Keeps the retail price low, doncha know.)

How much, again, will I pay for my $10 widget after the NRST?
270 paulsen

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Most rational people would pay Seven dollars, buying their widgets from the domestic source.

- You? - With your attitude, who could tell?
353 jonestown

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Nope. You'd pay $10. The NRST only benefits local manufacturing.
370 paulsen

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Nope. You alone would pay $10, -- and your competition would pay $7, driving you out of business, while benefiting local manufacturing.

Everyone would win, except the local idiot paying $10 to the foreign widget maker.

[Le Seigneur De Porc]

The NRST only benefits local manufacturing.

That would be ugly nativism rearing its ugly head, economics be damned. Its like adopting Buchananism without looking at his greased up head.

[phil_will1]

"Think about how much we import."

Indeed. And think about how much more we would produce if our tax system did not provide an advantage to foreign competitors of our own producers.

[CSM]

"Nope. You'd pay $10. The NRST only benefits local manufacturing.
Think about how much we import."

Wouldn't the result me that US manufacturing would become more competitive? Therefore more US manufactured goods sold and more US companies started?