These tax plans have been platform issues forever..............promising great New Tax plans and they never happen.........we've had tax cuts in the past and historically they haven't lost the revenues that everyone said would happen. Revenues actually historically went up do to increased investment.......primarily in the Markets and not on main street.
It is possible that once Inversion is ended........it will not all go to creation of jobs......and it is possible that the Lion's share of the money would go to the casino of Wall Street.
Bottom line for me.............I want a simplified code..........that maintains revenue...........that causes job growth..............and stops the companies from hauling ass............
I have no problem at all with ending the Free Trade Horse Hockey plans.............and negotiating on a 1 on 1 between countries to hammer out the losses in the Trade balances where we are getting hammered......If that means Tariffs.............then so be it..............It worked before someone said it was broken, and will work again..........as a matter of fact..........before the creation of the IRS it was the primary means of Federal Revenue for this country.
When imported steel started to be a problem under Bush, he instituted a tariff. Our trading partners in return put a tariff on our goods being shipped there, so it was a wash and Bush had to back down.
Tariffs don't solve anything. I think what might help is if we Americans were more supportive of our own workers. Let's face it, do any of us look on the packaging of our goods to see where it was made? I don't, and I'm willing to bet that you don't either
Recently Obama signed getting rid of Country of Origin Labeling after we lost in a WTO Court against Mexico and Canada..............After losing the Court allowed Tariffs for compensation to Mexico and Canada. So if we do as you say they will file suit against us again and then order us to change our laws again. As we get hit with tariffs again by the World Court.
Under these free trade agreements, the World tells us how to trade and in this case tells us to change our laws. I have a serious problem with that. If they want to do business here they must obey our laws. Just as we must obey their laws when doing business there.
You talk about the steel..........but cases were filed in the WTO and Bush didn't counter their tariffs after they countered ours...........we could quota their asses and hurt them economically if we are negotiating with them to try and reverse our Trade deficits................and one example doesn't make all of them wrong anyway........
In auto manufacturing, Tariffs in the past caused foreign investment here to avoid them...........I'm not talking Detroit but the South in companies like Nissan and Toyota.
It is a give an take deal to get the best Trade position possible to prevent all the jobs from hauling ass............worked for 200 plus years until someone said it was broken.