Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Old Teufel Hunden
We lived in a different world back then as tariffs was the main source of governmental income as there were no corporate or personal taxes.

Do you acknowledge that tariffs actually work to protect industry from moving offshore?

Funny how it was a different world back then until you mention Adam Smith then every thing he said applies to today trade situation perfectly.

101 posted on 08/02/2016 11:02:53 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
[ Post Reply | Private Reply | To 99 | View Replies ]


To: central_va
"Do you acknowledge that tariffs actually work to protect industry from moving offshore?"

No, I said it was a different world back then. Do you not acknowledge that? We had to have tariffs to raise revenue for the operation of the government back then. How about lowering the corporate tax rate to attract companies to come and stay here?
104 posted on 08/02/2016 11:12:16 AM PDT by Old Teufel Hunden
[ Post Reply | Private Reply | To 101 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson