All Discussions Tagged 'trump' - Fair Tax Nation2024-03-29T10:33:23Zhttp://www.fairtaxnation.com/forum/topic/listForTag?tag=trump&feed=yes&xn_auth=noRenegotiate trade agreements or pass the FAIRtax?tag:www.fairtaxnation.com,2016-07-22:2636007:Topic:1975432016-07-22T23:55:09.350ZDaniel Dyerhttp://www.fairtaxnation.com/profile/DanielDyer
<p>Donald Trump says he would reduce America’s trade deficit and bring jobs back to the U.S. by renegotiating fair trade agreements.</p>
<p>The FAIRtax would do the same by taxing imports and eliminating taxes on exports.</p>
<p>The FAIRtax eliminates the 15.3% payroll tax, the corporate income tax, and tax compliance costs on goods manufactured in the U.S. and sold abroad. It imposes a 23% sales tax on goods imported into the U.S.</p>
<p>By taxing consumption instead of manufacturing, the…</p>
<p>Donald Trump says he would reduce America’s trade deficit and bring jobs back to the U.S. by renegotiating fair trade agreements.</p>
<p>The FAIRtax would do the same by taxing imports and eliminating taxes on exports.</p>
<p>The FAIRtax eliminates the 15.3% payroll tax, the corporate income tax, and tax compliance costs on goods manufactured in the U.S. and sold abroad. It imposes a 23% sales tax on goods imported into the U.S.</p>
<p>By taxing consumption instead of manufacturing, the FAIRtax would treat foreign and domestic products equally, introducing free trade for a change, and remove the incentive to ship jobs overseas.</p>