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Which is fine... but personally, I don't see that much difference between charging a tax that makes my imported goods more expensive (in an effort to subsidize
by lsc 10y ago
Which is fine... but personally, I don't see that much difference between charging a tax that makes my imported goods more expensive (in an effort to subsidize American workers) and, say, just setting up some sort of reverse income tax, or strengthening the Earned Income Credit or what have you so that you directly tax me and directly give those dollars to people who don't have competitive job skills. If anything, I bet the latter would be more 'efficient' in that I'd have to pay fewer dollars to keep those folks fed and housed, just 'cause if you make imports more expensive, sure, more stuff will be manufactured here, but most of that manufacturing is going to be done by robots, so it seems to me you'd mostly be making me pay more for stuff I buy, then turning around and increasing the demand for labor from people with my sorts of skills.