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propose a national retail sales tax on imported goods.

Created by M.M. on November 05, 2011

Imposing a ten percent retail sales tax on imported goods provides an incentive to small businesses in the U.S. to produce competitive items using U.S. labor and materials at a lower price than the identical imported product. This is a voluntary tax because if you do not wish to pay the tax you simply buy an American product. In addition tax revenues from the sales tax can fund start-up American businesses while at the same time contribute to reducing the deficit and the need to borrowo money to balance the budget.

Budget & Taxes
Economy & Jobs
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