To: bandleader
"If youSubsidizesomething,You Get MORE Of IT!!!!!!!!!!!!!!"Exactly. We taxed domestic producers and lowered the import tariffs on foreign producers. Effectively a subsidy to foreign producers. And we got more imports, more offshoring, and less domestic production as a result.
We now pay for the cheap imports first when we buy them, and again when we pay our taxes to support the 100 million Americans on food stamps, and the able bodied people on medicaid, and unemployment, and etc.
That's exactly the opposite of what our founding fathers did.
Founding Father's Original Tax Plan"
6 posted on
01/16/2014 10:59:18 AM PST by
DannyTN
(A>)
To: DannyTN
Re :"If youSubsidizesomething,You Get MORE Of IT!!!!!!!!!!!!!!"
Exactly. We taxed domestic producers and lowered the import tariffs on foreign producers. Effectively a subsidy to foreign producers. And we got more imports, more offshoring, and less domestic production as a result.
We now pay for the cheap imports first when we buy them, and again when we pay our taxes to support the 100 million Americans on food stamps, and the able bodied people on medicaid, and unemployment, and etc.
That's exactly the opposite of what our founding fathers did.
Founding Father's Original Tax Plan"
My nominee for post of the day.
14 posted on
01/16/2014 11:17:15 AM PST by
khelus
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