What can states do to protect themselves from cheap junk from China and keep jobs? If a state can have a liquor tax, it can have taxation on other products as well
Posted on | December 4, 2010 | 1 Comment
Politijabber |
Submitted on 2010/12/04 at 3:44pm
Alec is mistaking state liquor tax for a tariff. All states impose an excise tax on alcoholic beverages sold in the state. Many states, such as Texas, also collect the tax on alcohol that is imported into the state, including the personal importation of alcohol from another state (the exception being a personal wine collection that is brought by a person moving to Texas, so long as the wine is brought in as a part of that person’s household goods). |
What do you do, when the other side breaches the contract?” |
Comments
One Response to “What can states do to protect themselves from cheap junk from China and keep jobs? If a state can have a liquor tax, it can have taxation on other products as well”
Leave a Reply
December 5th, 2010 @ 7:09 am
Several points.
Due to the 21st Amendment states have a lot of authority over alcohol that does not reach other goods.
Also, if a state or country for that matter adds a tax or waiting period that is actually just a cover for a de facto tariff, the WTO will rule against you. This has happened before.
You need to be careful here though. Steel is much cheaper when you import it, so if we start going back to only US steel, or steel with heavy tariffs (due to retaliation against your suggested tariffs) expect prices on US goods with steel to skyrocket.