Penalizing domestic businesses and American consumers for engaging in transactions, quite literally creating and maintaining what we call "the economy", is lunacy. Sales tax is counterintuitive. Tariffs on foreign imports and exports on the other hand... that's how our federal government used to be exclusively funded.
True that. It also spurs the creation of manufacturing here. Have all your manufacturing in the U.S., employing U.S. citizens? No or lower tariffs.
Have all of your manufacturing in China?
Ass loads of tariffs, on every product you aim to sell here.
Force companies to give up the U.S. population as consumers, pay higher prices to offset Chinese manufacturing labor costs, pay higher prices and try to get Americans to pay those higher prices which will lead to competition from in-country manufacturing to meet the price that people will pay, or build manufacturing here.
Penalizing domestic businesses and American consumers for engaging in transactions, quite literally creating and maintaining what we call "the economy", is lunacy. Sales tax is counterintuitive. Tariffs on foreign imports and exports on the other hand... that's how our federal government used to be exclusively funded.
Tariffs are also a normal means of protecting a nation's industry, and thus labor force as well.
True that. It also spurs the creation of manufacturing here. Have all your manufacturing in the U.S., employing U.S. citizens? No or lower tariffs.
Have all of your manufacturing in China?
Ass loads of tariffs, on every product you aim to sell here.
Force companies to give up the U.S. population as consumers, pay higher prices to offset Chinese manufacturing labor costs, pay higher prices and try to get Americans to pay those higher prices which will lead to competition from in-country manufacturing to meet the price that people will pay, or build manufacturing here.
Yeah, no way they will ever admit that income tax is illegal and the government is restricted to funding from excise taxes.