Reducing imports is another advantage, unless you believe having no duties on imports actually grows jobs here.
"Reducing imports is another advantage, unless you believe having no duties on imports actually grows jobs here."
Reducing imports is an advantage of the FairTax. However, unlike your approach, the FairTax does not do so in a manner that discriminates against foreign competition and therefore invokes retaliation by our trading partners or sanctions by the WTO. The FairTax eliminates the root cause of the problem, which is a tax foundation that puts US goods at a disadvantage vs their foreign competitors in the global economy. Enacting import tariffs while leaving the underlying tax system intact is like putting lipstick on a pig.