What are we giving away? Seriously - I'm curious what we're giving away.
Its working so well that we dont have a steel industry.
Is that because of the importing of Chinese and Korean steel (there's a lot of 20%, 30%, 45%, 50% tariffs applied) doesn't have enough tariff applied? Or is it because the costs of refining steel here has gotten so out of hand that you simply cannot make a profit doing it here?
Remember, on top of the EPA riding roughshod over your business, and the unions forcing crushing wages and benefits, you'll also get to pay 35% income tax on your corporate earnings - and another 15% or more capital gains tax when those profits are paid out.
Maybe the reason most of the steel industry has left the US is not because of cheap costs for imported product (when you add a 45% tariff that's a pretty stiff hit), but because our own Government and system has made it too expensive to actually build here.
ahh so the answer to the EPA is to send all the work, investment, and revenue offshore.
and then argue that it will make America stronger.
yeah thats da ticket