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To: Soul of the South
Is it better to tax foreign factories that enjoy access to one of the world’s largest markets and who are subsidized by foreign governments ...

This is a good point, but I really find myself at a loss over how to figure this out. Whose interests are served when a foreign country -- whose citizens have a much lower standard of living than ours -- taxes those citizens to subsidize major industries ... that sell manufactured products that the workers who make them cannot afford ... to American consumers at a steep discount?

What am I missing here?

110 posted on 03/17/2016 8:49:42 AM PDT by Alberta's Child ("Sometimes I feel like I've been tied to the whipping post.")
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To: Alberta's Child

>> Whose interests are served when a foreign country — whose citizens have a much lower standard of living than ours — taxes those citizens to subsidize major industries ... that sell manufactured products that the workers who make them cannot afford ... to American consumers at a steep discount? <<

American consumers benefit big time. It’s one of the first things you’ll learn in Economics 201.


123 posted on 03/17/2016 1:06:05 PM PDT by Hawthorn
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