Tax Code That Encourages Manufacturing and Savings (user search)
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  Tax Code That Encourages Manufacturing and Savings (search mode)
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Author Topic: Tax Code That Encourages Manufacturing and Savings  (Read 13870 times)
Inverted Things
Avelaval
Jr. Member
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Posts: 1,305


« on: April 28, 2012, 12:19:29 AM »

Let's try again (and this time, without party-line spambot answers):

If you were to design a tax code for the United States that would encourage manufacturing and producing exports, as well as encouraging savings over credit-driven consumption, how would you do it?  

The quick-and-dirty, damn-the-consequences solution is this:
1) No taxes on companies that produce physical goods exclusively in the US,
2) High tariffs,
3) Cause deflation by burning (literally) a substantial amount of tax revenue.

That ought to encourage savings over consumption and manufacturing domestically versus overseas.  Please wait until I move out of the country to do these things.
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