To: Willie Green
I would agree that it's a bad thing that U.S. companies can't seem to compete with imports. Beyond all the bellyaching, though, I haven't seen anything from the populist side of the house for what y'all would propose to do about this?
Ban imports?
Ban U.S. companies from establishing facilities anywhere else in the world?
Am I getting this right? The answer to the problem of more companies being chased out of the country is even more regulation?
19 posted on
08/07/2003 8:45:28 PM PDT by
Ramius
To: Ramius
The most sensible solution would be to impose a relatively low (15~20%), flat-rate "revenue tariff" on all imported goods. The proceeds from such a tariff could be used to offset further reduction of other forms of domestic taxation. Such a shift in tax policy would truely stimulate domestic production of goods without plundering the federal Treasury in the process.
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