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Politics : PRESIDENT GEORGE W. BUSH
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To: Bald Eagle who wrote (252308)5/1/2002 4:53:09 PM
From: craig crawford   of 769670
 
in truth, every tax discriminates against some activity. sales taxes discriminate against consumption, capital gains taxes against investment, income taxes against work.

of course all taxes, not just tariffs fall on the backs of consumers. if you eliminate tariffs as a source of revenue to the government, you have to replace them with income taxes on individuals and corporations. higher individual tax rates mean less money in consumers pockets. corporate taxes just get passed on to the consumer through price increases.

so there is no free lunch with any tax. but tariffs on foreign goods and a national sales tax are far less intrusive than the government poking its nose into people's lives and snooping on their income. of course it is far easier to collect duties on imports and on open market transactions so the irs could be done away with to a large extent.

these are only a few of the arguments. i could go on with more, such as the argument that duties and a national sales tax will prevent the wealthy from exploiting tax loopholes to avoid paying their fair share, and the fact that under a nst people would exercise more control over when and how they pay taxes. if you are having a tough time, you can curtail your consumption and give yourself an immediate tax break.

far better than our current system where we have to beg the greedy mandarins in washington to give us some of our money back.
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