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This site is the inspiration of a former reporter/photographer for one of New England's largest daily newspapers and for various magazines. The intent is to direct readers to interesting political articles, and we urge you to visit the source sites. Any comments may be noted on site or directed to KarisChaf at gmail.

Wednesday, November 13, 2013

Cutting job-killing tariffs -- By Grover Norquist, The Washington Times

 (Illustration by Greg Groesch, The Washington Times)

Illustration by Greg Groesch for The Washington TimesAmong its other sins, Congress is now forcing U.S. companies — and American consumers — to pay an extra quarter-billion dollars a year in tariffs owing to its own inaction. Why does our own government impose tariff burdens on us that raise the cost of living for all Americans? This self-inflicted wound should be ground zero for bipartisan action. Now.

Tariffs are taxes, and tariffs on manufacturing inputs are particularly stupid taxes. Taxing the raw materials domestic manufacturers need — those not even available in the United States — is an especially wrongheaded subset of an overall dumb idea. Because this was clear to everyone, Congress has long sought to reduce these burdens to growth by targeting these tariffs for (sadly, temporary) elimination.

That temporary protection for consumers has now run out — again.

Although the many sundry creatures known as "tax extenders" have been a mixed lot in terms of their benefits for the economy at large, keeping tariffs off these manufacturing inputs is one that deserves to be renewed. It doesn't make any sense at all for our own government to be taxing our own employers for importing materials that aren't available here.

Manufacturers producing goods in the United States (like elsewhere) often face the difficulty that many of the raw materials they need to make their product are not available domestically. Recognizing that it would be counterproductive to impose higher costs on American manufacturers simply because they were using goods not available domestically, Congress has — through the Miscellaneous Tariff Bill — been waiving or reducing tariffs (that is, taxes) on such materials. By reducing costs, these tariff adjustments have helped U.S. products become more competitive abroad, while costing consumers less at home.

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