Saturday, June 1, 2013

Where Pat Buchanan Goes Right

Pat Buchanan has a great article on economic reform, which makes great sense if you believe in the State.  (I don't, but this would be far better than we have.  I do believe in improvement.)  In essence get rid of corporate taxes.

First, every U.S. corporation that had moved abroad in search of lower taxes in recent years would start thinking about coming home and bringing its production and its jobs back to America.Second, that $2 trillion in income U.S. companies have stashed abroad would come roaring back into U.S. institutions.Third, foreign companies would begin to relocate and produce here in America, both to get around the tariff and pay no taxes.Fourth, U.S. producers would see sales soar inside the $17 trillion U.S. market, at the expense of foreigners who would pay a 10-percent admission fee to get into this market, a fraction of what they used to pay in the 19th century.

Read his whole article here...

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