RE: So instead of lowering the onerous burdens on business, we’ll just cut off one of the escape routes.
We are building our own Berlin wall.
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There are FReepers who would solve the problem of companies re-incorporating overseas by TARIFFS. So that it will be more difficult for them to sell their products from overseas to the USA and “encourage” them to hire Americans and make the products here.
The history of higher tariffs has not been good.
Tariffs were an issue in the colonial revolt against England. Tariffs —particularly on manufactured goods needed by the South-—were a proximate cause of the American Civil War. And the disastrous Smoot-Hawley tariff of 1930 brought American manufacturing to its knees when other countries retaliated, shutting down foreign markets to American goods.