While the public is focused on tariffs and pundits are bemoaning the dangers of a "trade war," our foreign competitors have the last laugh every day, watching our factories close and our colleges over-qualify future pizza delivery peons. It doesn't have to be that way. In fact, it's easy to see a solution. Here is … Continue reading VAT is another big reason our factories are closed, and the good jobs have gone overseas
Tag: VAT
China has destroyed our factories and jobs because of its unfair import VAT policy, not just currency manipulation
Almost 80% of the Senate (78-20) just voted for a measure that would cite foreign nations for manipulating the value of their currency, although the enforcement of any penalties was not and will not be addressed. But the real purpose of the vote was to give Democrats license to vote for Fast Track authority without … Continue reading China has destroyed our factories and jobs because of its unfair import VAT policy, not just currency manipulation
China taxes imports heavily, saving jobs and their economy
One of the dirty secrets that big business and government leaders hide when praising so-called international free trade and globalization, is that it only applies to the stupid American taxpayer. The reason is simple - the Value Added Tax (VAT), which is used in Europe, China, etc. to promote exports and restrict imports, so that … Continue reading China taxes imports heavily, saving jobs and their economy
You can fool nearly all the people... 