Thread: FairTax and Trade

Add another one to the list of people who do not understand how our economy and trade works to the list of opponents to the FairTax who have denied the American people and our businesses all the advantages of the FairTax for 19 years. No business "along the chain" pays any FairTax, thus there is no tax for a business to avoid with a "black market".

There is no advantage to foreign producers under the FairTax. They may have products we want to buy, fine, that's no problem. They are free to charge whatever tariff they want on US exports, our exports are tax free under the FairTax, let them have at it. We don't care. If the price is too high their own consumers are denied access to our goods. So what? Are they going to starve their own people? Their choice. Are they going to turn the lights out on their own people? Their choice. If they want Chinese Bourbon instead of Kentucky Bourbon, their choice. We don't care. Our exports are such a small piece of our economy, it doesn't matter. It never did. Exports out of our economy just raise the price of the goods for US consumers. Americans don't want to buy products produced by slave labor from countries that pollute the planet. That's our choice, not theirs.

The purpose of protection is to protect our market, our consumers, our businesses from companies overseas who use slave labor, who pollute the planet, and subsidize their businesses because they're owned by the government.

The FairTax does all of that for US. Under the FairTax, our companies will be able to produce and sell to US and anyone else who wants our products and services and while their companies are burdened with socialist taxes, communist economic theories, and the stupidity that accompanies that, our companies, lean and mean, free of tax can compete with them every day of the week and twice on Sundays. That's all the US has ever needed or wanted. And that's exactly what we get with the FairTax.

The national debt is the direct result of free trade policies, in fact, if you compare the deficit each year with the trade deficit of that year, they are virtually the same. You think government spending is responsible, but you don't know why the government spent the money, the government spent the money supporting Americans who lost their jobs because of deficits caused by free trade policies that were started in 1913 by the income tax. The income tax act was passed in 1913 to cover the losses of tariff revenue because Congress reduced tariffs and that relationship between the income tax and free trade has not only continued but grown dollar for dollar every single year, and when you cut income taxes trying to prop up the economy, you are left without the money supply operating within our borders due to imports that would have otherwise been supplied by domestic producers, leaving the government with more unemployed and under-empolyed Americans to support, fewer businesses and individuals paying income taxes, and the deficits are paid with borrowed money supply usually from the same countries who stole our companies and jobs to pay for it.

When you don't understand a tax plan or the US economy, you probably shouldn't comment on it as if you do.