[kabar]

So if the Koreans are subsidizing their steel industry 25% and we charge a 25% tariff then we are in affect getting their subsidy to the Treasury.

So what is wrong with that? We are already running huge deficits. Getting foreign countries to help pay into Federal revenue is better than taxing our people and the corporations. Before the personal income tax, we used to run our country using tariffs and duties, among other sources of income.

Notes:

Largest sources of excise tax revenues are: Fuel, Tobacco, Airport, Health Insurance providers, and Alcohol

Largest sources of “other” revenues are: Federal Reserve Deposits, Customs Duties & Fees, and Estate and Gift tax

[bray]

Agree completely. In an equal world taxes would be a negative but in this case it is leveling the playing field and paying taxes to the gummit.