To: Cacophonous
Fact of the matter is that "tariffs" go straight into the Treasury and not into the hands of corporations as many of these Free Trader's believe. How this is "corporate subsidization" I have no idea. The more money they collect in tariffs the lower corporate taxes can be. Why people are against our government collecting money from other governments is beyond me.
Ohh, before I get flamed with "but our trading partners impose tariffs on our products limiting our exports" think of this: Wouldn't you rather have the government negotiate a fair settlement that both lowers your taxes and equalizes your opportunity to compete with foreign goods? Right now these countries are taxing our products anyway and we are getting NO benefit in the trade.
They don't impose tariffs on labor because we are giving them a valuable asset, intellectual capital. As a matter of fact we are paying them to learn all of our trade secrets. What a deal!! Not only are they creating future competitors but they are giving them the software to do it in the process, yes copying software is quite easy. Just look at all the problems Microsoft is having with piracy in China, now compound that 100 fold with software THEY write for us (or India writes and China spirits away).
If Corporate America is so afraid of entrepreneurs, what the hell do they think they are enabling in India, China, Russia, etc?
To: RockyMtnMan
"The more money they collect in tariffs the lower corporate taxes can be."
Do you really believe the government would CUT corporate taxes?
To: RockyMtnMan
Hmm...you caught me off-guard...I wasn't really following that particular conversation. So let me read up and give you a more learned response.
However, in the spirit of cheerfully expounding on subjects of which I have no knowledge, let me say that I think foreign workers should be taxed at a higher rate than American citizens, enough to compensate the job lost to an American (and no, I have no idea how to compute that). Think of it as a tariff on labor, if labor can be thought of as a raw material, a resource or a commodity.
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