Subject: Re: 80 Years Ago Today
Example - as he explained to the WEC - Make your products in the USA and you will receive the lowest corporate tax in the world (probably an exaggeration as there is some inconsequential government somewhere that has a lower tax rate.) Or make them elsewhere and pay a tariff for access to the greatest market available
Low tax benefits the company that will still charge whatever the market will bear. If the imported gizmo goes from $10 to 12.50 because of tariffs, the american company will charge 12.50 for its gizmo.
The only exception is to price competition out of the market. The perhaps a slighlty lower price until the competition is out of the market. Then price goes up even higher.
It's called predatory capitalism.
And there ain't gonna be no more pansy-assed consumer protection or inspector generals. Them's for commies/socialists/liberal&progressive losers.
Survival of the corruptest, baby.