Sign up for one of our email newsletters.
Updated 5 hours ago
The Republican Party for generations has prided itself on minimizing the intrusiveness of taxation on Americans' economic liberty. As a constitutionalist Republican, I can't fathom how any Republican would support the border adjustment tax, which potentially limits access to markets and in essence places tariffs on imported goods, which of course Pennsylvanians rely on.
The GOP is the only bastion the American people have for protecting economic liberty, and thereby the GOP must not endorse a harmful border tax.
The border tax, instead of creating a level playing field for all business, would likely put millions at a disadvantage. The American working class is suffering enough from years of businesses shuttering and jobs fleeing overseas. The thought of a trade war and resulting price inflation hitting the backs of hardworking Americans is troubling and unnecessary.
President Trump is correct that America needs free and fair trade deals, but these deals should not include border taxes on either end.
I hope U.S. Sen. Pat Toomey, R-Pa., realizes the negative impact that border adjustment tax legislation will have on middle-class Americans who depend on affordable prices to support their families.
The American people and their families must come first, ahead of corporate interests. The BAT is an illogical proposal that places our economic system in uncharted territory.
The writer is an assistant professor of political science at Robert Morris University.
Our editors found this article on this site using Google and regenerated it for our readers.
Publish Date : 23 Şubat 2017 Perşembe 18:53
President Trump Crosses the DMZ!
Brexit – the beast that ended Theresa May’s...
Iniesta and Torres, two miracles for Japan: 40%...
Sanchez downgrade Spain at the height of their...
Sanchez begging for their accounts to Torra
'The House of Paper', the protagonist in congratulating...
Lazio-Seville, Celtic-Valencia, Sporting-Villarreal...
Is urgently to reduce the public debt
How will Mourinho to Real Madrid?
Bale and Asensio, on the stretcher
The desire to learn the japanese football
The new dart Boxes to Mourinho: "When you see...