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To: Bush2000
"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. "

What have they to do with one another? Try this, American business are handicapped with income taxes, real estate taxes, increased costs because of government regulation - all of which are reflected in the price. While foreign goods comes in tax-free and, in fact, can be subsidized by their governments. The American business horse is carrying the government handicap on his back. We need a tariff to equalize the horse handicaps.

Now how about sticking to the book?

574 posted on 01/02/2002 11:58:53 AM PST by ex-snook
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To: ex-snook
Try this, American business are handicapped with income taxes, real estate taxes, increased costs because of government regulation - all of which are reflected in the price. While foreign goods comes in tax-free and, in fact, can be subsidized by their governments. The American business horse is carrying the government handicap on his back. We need a tariff to equalize the horse handicaps. Now how about sticking to the book?

The problem isn't that foreign goods are coming in without tariffs. There certainly are tariffs on a lot of different foreign goods; usually, those tariffs are responses to obvious dumping of goods such as steel and semiconductors. The actual problem is that the cost of doing business in the United States is too high. The only way to reduce the cost is to eliminate high taxes (income, business, real estate, etc). You can't simply pass the problem onto other countries. You have to start here -- with our state and federal legislatures. If you place tariffs on foreign goods, other countries will retaliate by placing tariffs on our goods. The result is that goods are artificially inflated and, hence, we all pay a higher price. A better strategy is to eliminate taxes of all kinds.
643 posted on 01/02/2002 1:06:24 PM PST by Bush2000
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To: ex-snook
Try this, American business are handicapped with income taxes, real estate taxes, increased costs because of government regulation - all of which are reflected in the price. While foreign goods comes in tax-free and, in fact, can be subsidized by their governments. The American business horse is carrying the government handicap on his back. We need a tariff to equalize the horse handicaps.

How about scraping the income tax and tariffs and going to a sale tax? In the end, only people can pay taxes anyway. US companies don't pay income taxes and foreign companies don't pay tariffs. The people who buy the products pay both taxes. At least let the people see how much they really pay on their sales receipts .

653 posted on 01/02/2002 1:11:05 PM PST by Ditto
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