I have not viewed with favor any existing or proposed USA trade policy that discriminates among foreign nations, or among the industries, or entities, or types of goods from any nation.
Respectfully, Supposn
now you support Republican capitalism. Good for you?
EdwardBaiamonte, Iām CONSIDERING support for the proposed modifications of our corporate income tax regulations that would deny corporstions their tax reductions for purchaing foreign goods and services. Unlike Import certificate policy, tariffs, or other policies Iām aware of, this modification of corporate tax regulations would significantly reduce the price advantages enjoyed by imported products from nations of lower wages lesser purchasing powers while not requiring federal governmentās estimating the U.S. dollar values of shipments through our borders.
If adopted, it would effectively be a protectionist provision within USAās policies for our global trade and itās a unilateral matter not subject to international negotiations.
You may recall our discussion of that proposal which is the subject of the thread
A Republican trade deficit solution?
Your last post to that thread seemed to be addressed to me and I would suppose also applies to house majority leader Paul Ryan and all other members of the U.S. Congress that are supporting or considering supporting that such a proposal. You painted us ALL with the same brush stokes
when you posted: āPlease don't kid yourself you are a communist and trade intervention is but one of 1001 interventions that you want to control the economy. It's the communist wayā.
I didnāt change my political position but youāre just full of labels with no logical concepts of what they mean, how theyāre related and the consequences of those relationships. Iām trying to retain some respect for you but you make that difficult.
Supposn