Sales/Excise taxes don't do that. Tariffs do.
Sales/Excise taxes don't do that. Tariffs do.
How does adding tariffs repeal income and payroll taxes from american businesses, that impose not only the tax per-se on american business but cost of compliance mounting to 65cents for every dollar collect from domestic business taxes paid.
Replacing the income and payroll tax systems in place with a retail sales tax, removes taxes on most businesses entirely, with only retailers collecting taxes from the customer remitting such to a the same state tax authority that state sales taxes are administered by.
Furthermore, a National Retail Sales tax, imposes a 23% tax on import sales as well, with the reduction of compliance costs on domestic businesses, an immediate and visible tax on import sales which is not their now constitutes a nearly ideal trade situation.
Imports are unequivacally taxed, exports are not and the American citizen becomes fully appraised of the full an true burden of government taxes that are imposed upon him.