55. We could put a VAT on all manufactured goods, Chinese or domestic.
That would help us repay our debt.
It would raise the price of oil and slow down out economy in some ways, but would be the least painful way to deal with the deficit.
A lot of people I know are buying really cheap used clothing and other items anyway. The number of resale stores in my area has risen rapidly. People buy a lot of stuff cheaply from the internet.
A VAT -- sales tax -- on new items would help us collect tax revenue right back from the Chinese.
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion
board, visitors agree to abide by the rules outlined on our Rules
page. Messages posted on the Democratic Underground Discussion Forums are the
opinions of the individuals who post them, and do not necessarily represent
the opinions of Democratic Underground, LLC.
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore
