View Single Post
  #43 (permalink)  
Old 05-16-2013, 05:24 PM
quimby quimby is offline
Member
 
Join Date: Dec 2011
Location: Southern California, OC
Posts: 60
quimby is on a distinguished road
Default Re: I'm so tired of getting ripped off!

Quote:
Originally Posted by charged View Post
I don't see how my post applies, as both reels were produced in china. The US needs to put laws in place that protect internal manufacturing. Obviously what ever laws they have currently in place are not working. We need higher taxes placed on imported goods to encourage manufacturing. Right now big corporations do not have the incentives needed to stay domestic.
I for one do not want that. Increasing taxes (tariffs) on imports will raise the welfare of domestic producers, but will also increase the cost of domestic products and decrease the welfare of domestic consumers.