Posted on 12/05/2016 9:46:23 AM PST by GonzoII
House Majority Leader Kevin McCarthy on Monday refused to back President-elect Donald Trumps push for a 35-percent tariff on companies that move operations abroad and then sell their goods back in the United States, saying corporate tax reform is the key to retaining American jobs.
I think thats a better way to solve the problem than getting in a trade war over a 35-percent tariff, the California Republican told reporters.
(Excerpt) Read more at m.washingtontimes.com ...
MISLEADING TITLE - I saw the entire interview.
RINOS still control Congress.
For Kevin McCarthy “Leader” is just a title in the GOPe.
I thought every Irishman in Congress was a Democrat.
Is that why you pushed for such legislation under Obola?
Oh. You didnt' push for such legislation under Obola?
As I understand Trump, he is saying that a US company that closes a US plant, ends US jobs, and goes overseas will pay 35% tax on those same goods being imported into the USA.
He did not say he wanted an across the board 35% tariff.
...He did not say he wanted an across the board 35% tariff....
It’s just GOPe spin. Same stuff...different year.
RINOs vs. Trump? I think I know who’d win that one.
The “35% tariff” was a negotiating ploy, as there is no way it could be imposed in the current political climate. But there are other barriers that could, and should, be erected against unfair trade practices for which there is no compensation, like the practice of “dumping” products that are made for export at artificially low prices.
Ford can build all the small cars it wants to in Mexico, they just cannot be sold in the US. They shall have to develop markets in Argentina, Brazil, Nicaragua, Chile or Paraguay. Maybe even Cuba, once the economic situation there gets realigned. The so-called “free trade agreement” between the US and Mexico is in abiding need of being vastly overhauled.
There was a time when Mexican-manufactured Volkswagen Beetles could not be imported to the US, because of other market limitations having nothing at all to do with tariffs or taxation or a lot of other factors.
no shock. he’s a card carrying member of the gope “free-trader” (as in, pay me and you get in free-trader) cheap labor express club.
When we see the media carrying this kind of water for the republocrats, we know that we’re reading establishment anti-worker nonsense.
It is so clear to me that the establishment is anti-worker. All their nonsense about ‘free markets’ is just that....nonsense.
“Free market” is a lot like shangrila...an ideal fantasy.
It doesn’t exist.
There are a lot of Irish illegals.
Should McCarthy become an obstructionist to Trump’s Americanism, I would expect a mega Trump rally in McCarthy’s congressional district.
Then good old never trumpet should be relegated to the back bench
are you series, lol? bakersfield is a strange town in many ways, but i hadn’t heard of the irish continginent taking hold there.
however, i’ve seen anecdotal reports of big bay-area (leftie) companies importing eu nation laborers (i think eastern block mostly). i thought most were visa’d though.
It is a mistake to imagine that an entity called the GOP is getting control of the presidency, both houses of congress, and our state governments. A good part of that GOP - most of it - is on a whole different page from the people who turned out in droves to put Donald Trump in office.
How bout Mexico?
While we're on it, maybe China could explain why they don't have a real domestic economy, only an export market?
The U.S. bootstrapped itself into the post agricultural world by selling across State lines.
McCarthy is from California. A state that is not Republican yet he is the number two Republican in the house.
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