Re: Future of Jeep
It really isn't rocket science -- but politicians still haven't figured out how to steal from it, so they won't even consider it.
If you try to import electric saws to Japan, since Japan already makes those saws, they put a big import tax on it. The price plus the tax puts it more expensive than their home grown products. It's still available if someone there wants it, it's just more expensive.
2 things happen then - home grown products are protected from cheap imports, and the government gets revenue from those that are imported. Their entire economy is improved, unemployment is reduces, money stays at home, government has income etc.
Now for here in the US --
Many many things are no longer made in the US. Cheap imports have caused US manufacturers to close or move overseas. Many of those things would be produced here again IF they did not have to compete with cheap imported stuff.
The huge income produced by import taxes would be far larger than the IRS gets from you as personal income tax. And corporate taxes could be lowered, helping our own economy grow. Our government would actually have more money than they have now!
Sure, some of the things we buy now - like everything at Wal-Mart, would be more expensive at first, but as soon as the lag caught up, where products that are imported now started being produced here things would even out.
And if you no longer had to pay ANY income tax, you could well afford it!
And - since more people are employed, that alone stimulates the economy.
Other countries are smart enough to protect their own ecomomies - why can't we?