Marketplace   Menu Guide   Complete Pages      
butler eagle
Site last updated: Wednesday, March 29, 2017
Published: January 6, 2014 print this article Print save this article Save email this article Email ENLARGE TEXT increase font decrease font

It’s not the tax code

Since at least the time of Bill Clinton — the guy who gave us NAFTA — Democratic officeholders and office-seekers have been promising to repeal provisions of the tax code which encourage companies to ship jobs overseas.
What specific provisions of the tax code are they referring to? They never quite get around to saying, but I think we can safely assume these provisions could not have been enacted into law without a sizable number of Democratic votes in the House and Senate.
So, the Democrats are asking us to vote for them so that they can undo their own handiwork. How stupid do they think we are?
But it gets worse. The export of jobs is fundamentally driven by the difference in labor costs, not by the alleged tax benefits, if any. The only way to stop or reverse the hemorrhaging of jobs is by repudiating the “Washington Consensus” (NAFTA, GATT, WTO) and going back to a system of tariff-based trade, and nobody who matters in official Washington is willing to consider that option.

Controls go here



Kevin Ingram
Butler
Back
 
Comments
 
MORE LETTERS TO THE EDITOR HEADLINES
arrow Healthcare cuts
arrow Kelly’s conduct
arrow Get tough on crime
arrow Correct my letter
 
MOST READ ARTICLES
arrow Tractor-trailer in multi-vehicle crash
arrow INDSPEC announces closing of Petrolia plant
arrow Lambing charged with homicide, sex offenses
arrow Gunshot that hits school appears to be 'accidental'