[DoodleDawg]

1) I don't buy that. The fastest our country has grown was during periods of high tariffs and 2) Especially not if you eliminate corporate taxes entirely with the $ you get from imports as there would be a massive incentive for US production at that point.

1) You don't see any difference at all between the 19th Century and the 21st Century? 2) Nonsense. There would be no such incentive for business to invest trillions into manufacturing that could be made worthless by the repeal of a tariff.

[rb22982]

1) You don't see any difference at all between the 19th Century and the 21st Century? Differences? Sure - we're far more tech advanced today, which should make it easier to grow GDP. Similarities? Absolutely. Periods where we've had massive exports relative to imports (virtually all of the 1800s, 1900s-1920s, 1950-1980s) we had massive GDP growth % and times where that shrank, we've had 2% GDP growth or less. 2) Nonsense. There would be no such incentive for business to invest trillions into manufacturing that could be made worthless by the repeal of a tariff.

If we fund cutting the US corp tax rate to 0 by raising the import tariff to say 15-20% across the board they aren't going to reverse it. We spent $4.5 trillion at the federal level. Currently 10% of that is funded by US production, 89% by consumer taxes and deficit spending and 1% by foreign production. How does that make sense exactly?