I propose that at tax time and you pissants that are crying about paying your fair share that we have a tax law that provides a 10% rebate off your tax burden if you can prove your purchases in the last year were American Manufactured.
Kind of a good idea, but Overly complex.
Plus, it does nothing to encentivize the 50% of the population who do not pay Income taxes.
TARIFFS are easier to collect, they bring revenue into the FEDERAL GOVERNMENT, and they encentivize consumers to BUY AMERICAN, and industrialists to MAKE IT IN AMERICA, too.
True but the reason that there are as you say 50% that pay little or nothing I suspect have little to spend on much of anything anyway.
I don't see how my idea is overly complex. We can deduct lots of things off taxes already and it is up to the IRS to judge if our deductions are appropriate. This wouldn't be a "new" program in the sense that we would need some new government agency to be created to manage it. Everything we buy these days has a bar code or an identifying number and the IRS employee could easily verify if the product purchased was legitimate. A copy of a receipt for purchases is already required for most deductions.
My idea isn't a cure-all for our economy. I see it as a positive step in the right direction to increase tax revenue and give American manufacturing a much needed boost.
It is easy to daydream about sweeping changes in our system but big changes take a lot of time and political will. This idea could be implemented immediately and would require little of the government and REQUIRE no one or business to do anything. It is merely an incentive to BUY AMERICAN.