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To: Willie Green
From the article: 1. The president must declare that the United States faces a manufacturing, R&D, and outsourcing emergency...

Pure Symbolism. Acomplishes NOTHING.

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From the article: 2. The president should create an Apollo Program-type task force...

Oh, Oh-h-h...the infamous TASK FORCE. Still accomplishes nothing.

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From the article: 3. Federal R&D spending should be tripled...

Oh Boy...just what we need more Federal Spending. Then they'll beat up on the President for higher deficits.

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From the article: imposing a ?variable trade equalization tariff? on imports...offer a partial exemption for the world´s poorest countries...

There it is...I knew it had to come to raising taxes with exemptions to complicate the tax code.

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From the article: 5. Companies manufacturing or assembling in the United States should be barred from treating service work performed overseas as a deductible business expense. ...

There shouldn't be any such thing as a "deductible business expense" anyway. The tax rate should be lowered to a flat rate and all deductions should be eliminated. Simplification and lowering is the key.

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From the article: The United States government clearly has lost the ability to negotiate trade agreements that enrich the great majority of Americans and strengthen the domestic manufacturing base on net....

They meant to add..."now that Clintoon is gone from office. This bafoon (Bush) can't do anything right." They didn't say it, but I'd put money on it that they thought it. I had a conversation last night with one who thought the same thing.

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From the article: U.S. leaders should not engage in trade negotiations until this ability is regained...

They mean until a DemocRAT is in the White House again. Then and only then can we be free.

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From the article: ...the president and Congress should appoint a National Trade Strategy Commission...

Not another dog-gone Commission!!!

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From the article: ...replacing the current FSC tax incentive with a major tax break for any company, either American or foreign-owned, that performs genuine manufacturing activity in the United States...

Define genuine. I can see fake "genuine" manufacturing plants cropping up all over the place after this one.

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Sorry I'm out of patience with this gobledygook. I can't take anymore. The rest of it is simply raising taxes, forbiding this and forbiding that. They even suggest that Congress forbid the lobbying by foreigners. Like that's going to happen. Congressmen are addicted to being wined and dined. Forget that one.

JUST REDUCE THE TAXES AND THE REGULATIONS AND ALL THIS WILL TAKE CARE OF ITSELF!!!!
31 posted on 01/01/2004 11:03:19 AM PST by gooleyman
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To: gooleyman
From the article: imposing a ?variable trade equalization tariff? on imports...offer a partial exemption for the world´s poorest countries... There it is...I knew it had to come to raising taxes with exemptions to complicate the tax code.

What free traders propose is to punish domestic production by placing ALL taxes on it, while abolishing foreign import tax (tariffs).

38 posted on 01/01/2004 11:20:20 AM PST by A. Pole (pay no attention to the man behind the curtain , the hand of free market must be invisible)
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