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To: groanup

"Which brings up another disturbing point. Wouldn't the WTO fight the Fair Tax tooth and nail?"

They might not like it, but they don't have a legal objection. After all, we can simply point out that we want to start taxing imports the exact same way that we tax our own goods. We aren't introducung a bias in favor of US produced goods into our tax system; we are eliminating one in favor of imports from our current system.

BTW, did any of you see the first panel of Wednesday's hearings? Two professors testified in favor of VATs. They both agreed that we should consult with the foreign trading partners before eliminating corporate income taxes. I was very surprised to hear that recommendation.


364 posted on 05/16/2005 4:36:20 AM PDT by phil_will1
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To: phil_will1
...we should consult with the foreign trading partners before eliminating corporate income taxes...

Kerry-esque eh? Global test again. Sheesh.

365 posted on 05/16/2005 4:41:12 AM PDT by Principled
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To: phil_will1

You really shouldn't be ... that would be a typical liberal/professorial thought which sometimes seems like an East Coast infection.

Don't want to tic anyone off ya' kno'. With that attitude King George would still be able to haul Americans to England and hang them there. ("That'll fix those bloody colonists").


374 posted on 05/16/2005 7:43:06 AM PDT by pigdog
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