Posted on 02/19/2016 6:56:22 AM PST by Kaslin
A true sales or use tax is applied at the point of sale to the final buyer, or at the retail level. That being the case, there would be no point in assessing the VAT at the point of importation of goods. That VAT on imports is adding costs to imported goods to make up for VATs charged at various wholesale or other points before something is sold to the final buyer (of new goods). But those levels of taxation have nothing to do with imported goods.
The VAT on imported goods is nothing but a tariff designed to treat imported goods as if they have been through business transactions in the VAT country prior to becoming a finished good, when in fact they have not.
Some in the US are trying to change this unfair border tax treatment of US goods:
A paragraph from the Wiki "Value added tax" entry:
Many politicians and economists in the United States consider VAT taxation on US goods and VAT rebates for goods from other countries to be unfair practice. E.g. the American Manufacturing Trade Action Coalition claims that any rebates or special taxes on imported goods should not be allowed by the rules of the World Trade Organisation. AMTAC claims that so-called "border tax disadvantage" is the greatest contributing factor to the $5.8 trillion US current account deficit for the decade of the 2000s, and estimated this disadvantage to US producers and service providers to be $518 billion in 2008 alone. Some US politicians, such as congressman Bill Pascrell, are advocating either changing WTO rules relating to VAT or rebating VAT charged on US exporters by passing the Border Tax Equity Act.[53]
You need to learn to understand something more complicated than a single move in a game of checkers.
I haven't used it to justify tariffs. I've said the loss of thousands of factories and millions of jobs have significantly increased unemployment and the millions of Americans qualifying for the some of the trillion annually paid out in government poverty programs.
And we can add that those job losses also contributed to the skyrocketing false claims for disability benefits.
Of course out-of-control immigration and little immigration law enforcement is part of it. But very complex problems like our unemployment and trillion in annual poverty program payouts have more than one cause, and usually several causes. And the loss of thousands of factories and millions of manufacturing jobs is definitely a major part of it, if not the major part.
You need to learn to understand something more complicated than a single move in a game of checkers.
Okay.
The thousands of factories and millions of 1)jobs exported to cheap labor nations are a major reason we have seen the 2)drastic increases in beneficiaries accessing these programs.
Did I clarify your 2 moves?
Price adjustments.....
What about “market fluctuation” do you not understand???
Have to do more research on it, but this article says the lower labor participation rate is due to a population aging out of the prime employment years (which I was definitely suspecting), younger people staying in school longer (yet another government-created catastrophe created by cheap, subsidized loans so people can go to school without working) and they say the third cause is lower participation by females. I don’t know if they explained that last part adequately, but I doubt shifts in manufacturing is a main cause of lower female employment.
A tariff should be used to stop AMERICAN companies from MOVING overseas, causing American workers to lose jobs...They, then bring back into the country the products that they were making in the states by American workers at pretty much the same retail price but costing them less...
The tariff would actually level the playing field...
Of course Trump is right..., but you still have IDIOTS that NAIVELY and are VERY GULLIBLE. They believe hook, line and sinker, that RIGGED TRADE AGREEMENTS are good for America.
They remind me a lot of people that are government assistance that play lotto.
We seem to have a few socialistic globalists in here....
Does the article claim that there a millions of unfilled jobs in the US? The demand for labor does not necessarily decrease if the supply decreases.
And what did the article say about 1.1 million legal immigrants each year, and the several hundred thousand illegals and temporary workers who enter the US each year, little things such as H1-Bs? I’m not buying it there the total labor force willing to participate is smaller.
The $10 tariff causes the domestic market to fluctuate? Why?
What are you talking about?
If foreign oil becomes more expensive because a $10 tariff is placed on it, what domestic producer will leave his price unchanged?
What do you think causes most all domestic market fluctuations?
Your refusal to answer the question.
Was my comment about self reliance too complicated for you?
And you have???*LOL*
“...What do you think causes most all domestic market fluctuations?...”
I’ll give you a little hint...S&D...
I'll go slowly.....because....you know.
Which is more in demand, domestic oil at $32 or the $42 foreign oil?
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