"Many seek to become a Syndicated Columnist, while the few strive to be a Vindicated Publisher . . . "






Inquiries to: batrsartre@gmail.com



BREAKING ALL THE RULES









Iraq War Cost
###








BATR News Updates by email

Enter your email address:

Delivered by FeedBurner









Visit BATR News the compliment to BREAKING ALL THE RULES News


news you won't find in the mainstream media



Free Trade Agreements, Tariffs and Tax Reductions: “Squeezing the Lemon Dry” on Behalf of Giant Corporations

Big capital has constantly decreased its contribution to the state – creating a gap in the state’s coffers which is then filled by more and varied taxes on ordinary people – ultimately shrinking the very market big capital needs to sell its increased production of goods.

Tariffs and Taxes

“Before the income tax was imposed on us just 80 years ago, government had no claim to our income. Only sales, excise, and tariff taxes were allowed.” Alan Keyes

Free trade areas and free trade agreements have allowed for the growth of multinational corporations but the concomitant reductions in tariffs caused a decline in income for the states involved.

Tariffs are defined as “a tax imposed on the import or export of goods. In general parlance, however, it refers to “import duties” charged at the time goods are imported. Tariffs have three primary functions: to serve as a source of revenue, to protect domestic industries, and to remedy trade distortions (punitive function).”

As tariff income declined income taxes and payroll taxes increased. In many cases workers also objected to reductions in tariffs as cheap imports had deleterious effects on their industries and jobs.

Read the entire article

Labels: , ,












Subscribe to Newsletter daily updates




Best Videos on BATR News








SARTRE Commentary















Archives





BATR Tumblr Videos

BATR SARTRE YouTubes | 




national debt





Subscribe to BREAKING ALL THE RULES News by Email


BREAKING ALL THE RULES Updates

Enter your email address:

Delivered by FeedBurner



BATR News
sent to your email
Enter your Email


Powered by FeedBlitz







Batr Sartre | BREAKING ALL THE RULES Facebook

© 2000-2017: Another BATR Site

add BREAKING ALL THE RULES News to blogroll