>> >> Tariffs the way I advocate them are not "aggressive" > > Hi Bob, > > A VAT on foreign goods is not aggressive?
Not if you tell the producer they pay no tax at all if they employ domestic labor to produce it domestically instead, and agree every country has a right to tax foreign produced goods. Ultimately, if every country adopted this policy, trade alone would fund government and government nowhere would get bigger than trade permitted. It would be in government's interest to promote healthy economic conditions at home and friendly tax policy with respect to its neighbors since it gets nothing if it chokes trade off. I always get a laugh when my fellow conservatives act like this is worse than a VAT on all products, or a flat income tax. In fact, our Founders reasoned at length about tax policy and concluded the least oppressive way to obtain revenue was an ad valorem tariff revenue system. This was in place from 1789 until the middle of the last century when we decided that the Fed system of fiat money and free trade on the backs of taxpayers was the way to go. And here we are! The largest debtor nation ever, about to go belly up. Not because we lowered marginal income tax rates a few years ago (actually, that increased the amount of revenue into the treasury) but because we have embarked on empire building on the basis of fiat money, like every other empire in the graveyard of history since the printing press was invented. - Publius > -- > Regards, > > Pete > http://pete-theisen.com/ > http://elect-pete-theisen.com/ > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
