Jack Mintz: The best response to tariffs is competitive tax policy
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Jack Mintz: The best response to tariffs is competitive tax policy
Corporate income taxes raise the costs of our exports but don't affect imports from other countries. Maybe we should re-think that
Although tariffs are top of mind these days it isn’t just tariffs, quotas and subsidies that impact our trade balance. Taxes can have an even more powerful effect on trade. We ignore that at our peril.
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What if I told you we impose taxes that exempt imports from other countries but tax our own exports to those countries? Not very smart, you might say, but that’s precisely what........
