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Scrap the income tax! [message #151222] Sun, 24 April 2005 14:56 Go to previous messageGo to previous message
warranto is currently offline  warranto
Messages: 2584
Registered: February 2003
Location: Alberta, Canada
Karma:
General (2 Stars)
2 evenutal problems (completely hypothetical, and if it were to occur, not for a very long time)

If you start outsourcing all manufacturing jobs, simply because it would make stuff cheaper, you get the two problems.

1. The power of everything you own is in the hands of another country. At a whm, they could stop exporting that material, and America would be into a bit of a bind.

2. Jobs would have to be created in other sectors to make up for the loss of the available income that the manufacturing industry would have made. It doesn't matter how cheap things are if people don't have the money to buy them anyways.

But like I said, completely hypothetical, and all that good stuff. Food for thought, not serious discussion.
 
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