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To: central_va

“A 20% import tariff would stop the bleeding and borrowing.”

I am afraid not.

Without spending restraint, no income is sufficient. The largest tax increase in human history was enacted under Obama (more than tariffs produce) - it was all spent, and more.


15 posted on 08/02/2016 2:18:05 PM PDT by BeauBo
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To: BeauBo

20% is at current spending levels. Tariffs can be increased easily.


18 posted on 08/02/2016 2:22:05 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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