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To: Willie Green
We tariff their goods.
Then they tariff our goods.
Then we tariff more..
Then they tariff more...
Viola!!Worldwide DEPRESSION!!
17 posted on 05/13/2003 2:37:01 PM PDT by kaktuskid ((Just say NO to MORONrail!))
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To: kaktuskid
We tariff their goods.
Then they tariff our goods.

As sovereign nations, they're free to implement whatever tax policies they deem appropriate for their own self-interests.

Then we tariff more..
Then they tariff more...

No. Those retaliatory actions are characteristic of protectionist targetted tariffs advocated by special interests.
Revenue tariffs do not function in that manner, their sole purpose is to raise revenue for the federal government and are totally independent of any policy or action directed toward specific foreign nations.

19 posted on 05/13/2003 2:51:26 PM PDT by Willie Green (Go Pat Go!!!)
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