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To: IBD editorial writer
The only way to stop Global Labor Arbitrage is with a tariff or a BAT. The only way.

More tariffs and less income taxes.

Every founding father was a protectionist and they governed the USA after Adam Smith's writings on free trade. The USA became a world economic industrial power behind a wall of tariffs. Just like China ia doing today. FACT.

If IBD is against it then I am for it.

10 posted on 02/26/2017 5:29:57 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
Thank you for citing Adam Smith.

Production would wish to be a close to consumption as possible were it not for the onerous (originally illegal) income tax.

That tax made it more profitable to move production to a foreign location for local consumption.

This caused a distortion in the marketplace leading directly to this situation.

REPEAL THE SIXTEENTH AMENDMENT!

22 posted on 02/26/2017 6:00:02 AM PST by Aevery_Freeman (Agent Orange: The cure for Corrupt Crony Capitalism!)
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To: central_va

“More tariffs and less income taxes.

Every founding father was a protectionist and they governed the USA after Adam Smith’s writings on free trade. The USA became a world economic industrial power behind a wall of tariffs.”

Yup.

And according to this article: 35% corporate tax would be replaced by 20% TARIFF.

We’re already paying the 35% for consumer goods. If enacted, we’d be paying only 20%, and less on domestic goods (like Fracked oil).


34 posted on 02/26/2017 7:59:28 AM PST by JPJones (George Washington's Tariffs were Patriotic. Build a Wall and Build a Wall of tariffs.)
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To: central_va

If you want a border tax then fine. Just don’t expect a job or 401K.
The govt. will be doing well though.


45 posted on 02/27/2017 7:12:47 PM PST by cornfedcowboy
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