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<p>[QUOTE=&quot;Cloudsweeper99, post: 1085310, member: 3011&quot;]My primary concern is that there is a trend toward easing the tax burden on corporations and increasing it on individuals. At the same time, US workers are put in direct wage competition with nations that pay a fraction of what US workers earn.&nbsp; Somehow, this is expected to make life better for the citizens of our nation.&nbsp; In practice, our standard of living is stagnating while corporate earnings are at an all time high when measured as a percentage of GDP.&nbsp; It&#039;s starting to look like a modern version of feudalism.</p><p><br /></p><p>This is why I like the tariff idea.&nbsp; It completely changes the economic business case by making it cheaper to manufacture in the US than overseas.&nbsp; It might increase prices somewhat, but disproportionately increases personal income -- the old rule of thumb is that one dollar of manufacturing produces as much personal income as two dollars of trade.&nbsp; The counter is always that other countries will also use tariffs, but this ingores the fact that (1) many already do, and successfully; and (2) since we already import far more than we export, it is still a net gain.&nbsp; Tariffs are also more &quot;voluntary&quot; than other taxes.&nbsp; If you don&#039;t want to pay it, there is always the alternative of buying the domestic alternative.</p><p><br /></p><p>Anyway, the argument against tariffs is deeply engrained in the US by our education and political system so it will never happen.&nbsp; But this ignores economic history which pretty clearly shows that nations that use tariffs have higher historical growth rates than nations that rely on other forms of taxation that collect about the same amount of income.[/QUOTE]</p><p><br /></p>

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