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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SargeK who wrote (2696)	10/10/2006 10:14:19 AM
From: jude_the_cat	Read Replies (1) \| Respond to of 50283

SargeK, would you were at the head of this nation. Moggy

To: SargeK who wrote (2696)	10/10/2006 11:11:08 AM
From: SargeK	Respond to of 50283

10% Excise Tax on ALL imports correction A 10% import tax would help level the playing field between domestic and foreign production, and offset FICA and Unemployment Insurance (UI) cost for domestic manufacturers. This will also discourage international corporations from exploiting the US tax code by building factories overseas. It would apply to ALL imports including Canada and Mexico. The latter could respond with a similar tax, thus trashing NAFTA, that I think would be a good idea. Such a change would produce significant income to the US government and make balancing the US budget a practical reality and help correct the current account (export/import) imbalances. Any foreign country that imposes higher tariffs on American imports than the 10% would have tariffs on exports to the USA MATCHED, whether they like it or not. Sorry about that, SargeK