Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Cronos
You need to prove that Tariffs WOULD work. They won't.

Tariffs to equalize labor content, and the elimination of taxpayer funded business failure insurance, will remove the incentive to move jobs overseas. As I have stated on other threads, I advocate the complete elimination of all forms of income, payroll, and capital formation taxes, to be replaced with sales taxes and tariffs. That is the system we had at the founding, and it worked. I claim that it will work now because it was based on wisdom then, and it worked then. In other words, I draw conclusions based on empirical evidence, and I am not affraid to try something that has been shown to work in the past. You claim that it won't work because now times are different. I could use that logic to all sorts of crazy ends, repeal 2nd ammendment, etc.

I prefer to refer to the founders for an economical model, rather than letting the WTO decide what it is going to be.

134 posted on 03/04/2004 1:15:19 PM PST by Orbiting_Rosie's_Head
[ Post Reply | Private Reply | To 128 | View Replies ]


To: Orbiting_Rosie's_Head
You put in tariffs. THe rest of the world puts in it's own tariffs and we have world wide isolationism. Prices get hked up, people get complacent and we lag behind in technology, industry etc. That's whats happened to every isolationist country and you can see the same in Zimbabwe now. Tariffs are not the way. You're lookign at it from a narrow perspective. You would also have supported the steel protectionism. That helped the steel workers, but hit the steel consuming industries hard. Now, your method may have some direct, visible benefits, but the indirect, invisibile benefits would hurt a lot more and the overal effect would be negative.
139 posted on 03/05/2004 12:38:44 AM PST by Cronos (W2K4!)
[ Post Reply | Private Reply | To 134 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson