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To: Bush2000
punitive tariffs (which would be met by other countries)

He suggested a 15% tarriff. If that is punitive, then what do you call the income tax? Other countries already charge the same tarriffs we do now; that is the whole idea behind trade deals and GATT.
445 posted on 01/02/2002 10:38:11 AM PST by sixmil
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To: sixmil
He suggested a 15% tarriff. If that is punitive, then what do you call the income tax? Other countries already charge the same tarriffs we do now; that is the whole idea behind trade deals and GATT.

They have nothing to do with one another: A tariff is something you levy on foreign goods while an income tax is a tax on domestic income.
544 posted on 01/02/2002 11:41:06 AM PST by Bush2000
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