Quote:
Originally Posted by xjoe3x
Companies will have a large edge because of America's tax freedom. All imports will fall under the faritax. Exports on the other hand will not. Goods can leave tax free. Companies will place jobs here for that reason. Right now we have a tax disadvantage. It is against a companies best global interests to be based in America because it makes them less competitive. This will change that. Jobs will return and come here.
Even if the increase is smaller than expected why is that a problem? It is still an improvement.
|
The improvement gained will be minimal, especially looking at the jobs leaving. If only one thousand jobs came here I would be happy. Problem is it will be one thousand jobs coming and two thousand going. Exports right now are not taxed (just the wages required for shipping and making them are unlike imports where just the wages of shippers are taxed). Since the taxes will be the same on both imports and domestic products, people here will buy imports, and overseas because the dollar is weak and wages are high (even if it got stronger, it won't help much) the American product is still more expesive. I don't see this system working out the way you or it's designer see it.
__________________
Non concupisces domum proximi tui; nec desiderabis uxorem eius, non servum, non ancillam, non bowem, non asinum, nec omnia quae illius sunt.
|