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Politics : Foreign Affairs Discussion Group

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To: FaultLine who started this subject	3/23/2002 1:36:02 PM
From: teevee	Read Replies (1) of 281500

Lumber talks break down: America will impose a total of 31% tariff. The lumber tariff isn't so much protectionism for an outdated American lumber industry that can't compete, as it is a tax on American home builders. Dubya talks about tax cuts, but the lumber tariffs are effectively a 31% tax on a key building product for housing-lumber. They just did the same thing with steel. The steel tariffs are a consumption tax on American consumers who buy anything with steel in it, like autos for example. When American voters are going to wake up to the Republican tax and grab policies is anyone's guess. Bush is enriching his "special interest" crony buddies on the Beltway, and putting the government's hands in American's pockets with consumption taxes disguised as tariffs. Until the ratings drop on CNN's nightly "Afghanistan" television series, I doubt we will hear an uproar. Wrapping these new consumption taxes in the flag and patriotism, purportedly in the name of protecting American workers, is typical Republican politics. Seems to be working though. The real sad part of this story is that high taxes stunt economic growth.

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