The Trump Presidency Message Board

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Politics : The Trump Presidency

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To: bentway who wrote (4598)	1/3/2017 6:57:44 PM
From: Steve Lokness	Read Replies (1) of 353995

More on VAT tax; How might imposing a VAT tax here be favorable to the working man? The America company now pays their tax as a corporate income tax. Foreign companies don't pay this tax as far as I know. Sooooooo, if the tax was shifted from a corporate income tax to a VAT tax that was applied to everyone. Wouldn't that mean that suddenly the price of the foreign good is not so cheap any more? ..........IF we make goods in this country instead of in India or China - our workers benefit. I want to benefit American workers! Isn't that a good thing? I'm not talking about trade wars or isolationism - just a subtle mind set change so we start taking care of our own.

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