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Bill: Elimination of Reciprocal Tariffs

Details

Submitted by[?]: Liberty Party

Status[?]: passed

Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.

Voting deadline: June 2237

Description[?]:

While it may seem viscerally appropriate to impose reciprocal tariffs on imports from countries which themselves have tariffs, the reality is that all tariffs are economically harmful to us, irrespective of whether the other country has tariffs of their own.

When we make imports artificially expensive we restrict the ability of our citizens to purchase cheap foreign goods.

By eliminating tariffs we enable people to direct their resources in the most efficient way. Citizens can buy cheaper foreign goods (leaving them with more money in their pockets to spend on domestic goods). We enable our industries to produce more cheaply by sourcing their raw materials from the lowest cost source, which increases our aggregate production and thereby our national wealth.

Proposals

Debate

These messages have been posted to debate on this bill:

Date11:02:50, June 02, 2006 CET
From Progressive Party
ToDebating the Elimination of Reciprocal Tariffs
Messagewhy do you expect people that buy foreign to buy domestic products with the remain money? Also, in some cases, some protectionist measures have been found usefull to allow domestic industries to reach a status in wich they are more able to compete with foreign companies. All that im saying is that i would like to ear more, if you would be so kind.

Date18:07:48, June 02, 2006 CET
From Liberty Party
ToDebating the Elimination of Reciprocal Tariffs
Message"why do you expect people that buy foreign to buy domestic products with the remain money?"

Because some things are essentially local by necessity: cleaning, restaurants, notaries etc. Other things will be more desirable domestically because they will be the things that our own industry is better at than other countries.

"some protectionist measures have been found usefull to allow domestic industries to reach a status in wich they are more able to compete with foreign companies."

Yes. FOR THOSE INDUSTRIES. Of course the recipients of the handouts find them useful. Of course the industries who are spared competition from more efficient foreign producers like those tariffs. However, every action has an equal and opposite reaction. Every dollar you give an inefficient producer has to be taken from an efficient producer, or a consumer.

Looking at tariffs, why do we NEED to develop our inefficient industries so that they one day reach the level of foreign producers today? We can already obtain those goods from efficient producers elsewhere. We might as well spend our efforts doing things that we are good at and letting the foreign experts continue doing what they are good at. Specialisation is a good thing.

Date18:08:47, June 02, 2006 CET
From Liberty Party
ToDebating the Elimination of Reciprocal Tariffs
Message"why do you expect people that buy foreign to buy domestic products with the remain money?"

Because some things are essentially local by necessity: cleaning, restaurants, notaries etc. Other things will be more desirable domestically because they will be the things that our own industry is better at than other countries.

"some protectionist measures have been found usefull to allow domestic industries to reach a status in wich they are more able to compete with foreign companies."

Yes. FOR THOSE INDUSTRIES. Of course the recipients of the handouts find them useful. Of course the industries who are spared competition from more efficient foreign producers like those tariffs. However, every action has an equal and opposite reaction. Every dollar you give an inefficient producer has to be taken from an efficient producer, or a consumer.

Looking at tariffs, why do we NEED to develop our inefficient industries so that they one day reach the level of foreign producers today? We can already obtain those goods from efficient producers elsewhere. We might as well spend our efforts doing things that we are good at and letting the foreign experts continue doing what they are good at. Specialisation is a good thing.

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Voting

Vote Seats
yes
   

Total Seats: 404

no
  

Total Seats: 5

abstain
   

Total Seats: 146


Random fact: The influence a bill has on elections decreases over time, until it eventually is no longer relevant. This can explain shifts in your party's position to the electorate and your visibility.

Random quote: "The government was set to protect man from criminals, and the Constitution was written to protect man from the government." - Ayn Rand

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