True. But higher taxes on overseas revenues are taxes on EXPORTS.
As for teriffs charged on exports, other nations charge tariffs on our exports all the time, some as much as 40 percent.
D-1, if other countries put tariffs on our exports, that's their business.
However, if WE put tariffs on our exports, it violates the Constitution of the United States.
I see you have a problem with the notion of Constitutional government if it gets in the way of punishing your class enemies.
Nobody said we should have tariffs and income taxes too.
Tough s**t. It's what you're going to get.
We would have to gutt this government like a fatted cow, but then that's what we should be doing.
Tough. You'll get told, "Yeah, in return for supporting my union thug buddies with a tariff, we'll support cutting taxes and spending...someday."
"Someday" will have this habit of never coming.
Our found fathers set up a system of tariffs to finance this government's needs. Tariffs don't pay it enough to let it get in trouble. Good.
Small problem: the majority of voters disagree with you. You propose to shoot them for treason?
Income tax should be eliminated. Government should be about 20% of what it is today. SS and Medicare should be privatized. Creative ways can be devised to so it a lot quicker and less painfully than we've been led to believe.
And all you have to do is "temporarily" suspend the Constitution to keep those people you disagree with from arguing with you.
Our government should take care of the Military, trade negotiations and our borders. That is it!
No particular argument there, but it's an argument you're going to lose at the ballot box for a long time yet.
You do NOT magically turn public policy on a dime unless your title is "Supreme Dictator For Life." And then you have a problem: namely, the method of leaving office is indicated in the job title, and will tend to give other folks ideas.
The current tariff structure is in accord with the Uraguay round tariff structures. The purpose of teh Uraguay Round agreement on tariffs which was later put through by the WTO is specifically transfer wealth and industry from Rich nations to poor nations. yes I can provide a link to this if needed.
Just some facts to try to illuminate the discussions.