[detch]

I don’t think GWB minds one bit. They crucified him in the first term for wanting to put tariffs on steel imports.

So he backed off, and now those imports are 40% more expensive just due to the exchange rate.

Pretty smart for being such a dumb President — and there hasn’t been peep about this until now.

If we could only adopt a fair tax so tourists to America could help with the tax base by having sales taxes and maybe even VATS on luxury items.

[petercooper]

bttt

[wayoverontheright]

If we could only adopt a fair tax so tourists to America could help with the tax base by having sales taxes and maybe even VATS on luxury items.

Absolutely. And in addition, if we did away with an income tax in favor of a consumption tax, then our exporters, already benefiting from the exchange rate, have the cost of every product and service reduced by the amount of the tax they've been paying. This means jobs, jobs, jobs, not to mention the lessening of the power of "favors through tax policy" now poisoning the investment landscape.

Our economy would truly become turbo-charged.

[mdmathis6]

You watch....there will be a WTO trade complaint with America being told to strengthen its currency...out of “fairness” don’t ya know!

[mdmathis6]

You watch....there will be a WTO trade complaint with America being told to strengthen its currency...out of “fairness” don’t ya know!