Well obviously it depends on just how big the present cost difference is between the domestic and the foreign manufacturer compared to the benefit of the tax plan.
I was going to make a comment on your handle when you seemed to deny that there was any benefit at all in favor of domestic manufacturers by changing over to the Cain tax plan but didn’t.
Anything that improves the environment for domestic manufacturing helps. Companies and industries will be at different points on the cost curve relative to foreign competitors. For some it might make the difference, for others, not enough.
And of course we shouldn’t only be fixing the tax code. We need to also lower regulations and weaken the power of unions and fix trade abuses among other things to help US industry.
I certainly agree with this statement which is one of the reasons I like Perry --he has a long, solid track record of fighting the EPA.
As for the example, in my weakness, I even went an 'ran the math' with a US TV originally priced at $110. The number comes out to $113 vs. $109 on the foreign so yes, depending on the scale there might be a shift. I am just not sure it would be significant enough to bring industry here. It seems that the two products would have to be really competitively-priced (w/i 5%-10%) for the taxes to make a difference.