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Reforming Tax and Farm Law: Think Locally, Act Globally to Reduce Trade Barriers

Note: This first appeared in the Daily Caller.

“We’re #1” is not something you chant when you have the world’s highest corporate tax rate. Unless you are doing so sarcastically — or you want to punish businesses for … well, being in business.

Yet that is where the United States currently stands. We impose the highest corporate tax rate on the planet – 39.2 percent. Hooray. Obvious to all but the ideo-illlogical is that this hampers our ability to compete with the planet.

If we invite companies into our country — and then beat them about the head and shoulders with a bat — we should at least have the decency to not act surprised when they get up and leave:

Top U.S. Firms Are Cash-Rich Abroad, Cash-Poor at Home

U.S. Companies Stashing More Cash Abroad As Stockpiles Hit Record $...

Look At The Humongous Amounts Of Money US Tech Companies Stash Over...

Wouldn’t it be outstanding if we made it more attractive for these trillions to be brought home and invested here? We’re entering Year Six of the non-recovery “Recovery” — a cash infusion of this magnitude would go a long way towards allowing us to remove the quotation marks.

And it would open the cornucopia of creativity, innovation and life-improvement that always follows free market activity. Yet that’s not what the progressive leadership has in mind:

Democrats Eye Tax on U.S. Groups’ Overseas Cash

Ummm, no. Just — no.

Abolish the Corporate Income Tax

Yes please. Let's do that.

We must keep the global market in mind when examining more and more of our once-solely-domestic policy. What we do here no longer stays just here. Countries all around the world are watching — and reacting.

Our New Deal-era farm policy has over the last eighty years metastasized into a full-on nightmare mess. Worse, as over those eight decades the farm market globalized, the world’s nations have raised and re-raised us — tax-for-tax, regulation-for-regulation, subsidy-for-subsidy.

An eye for an eye leaves the whole world blind. Government action for government action leaves it destitute.

Acting unilaterally is a thing of the past — that is what got us here. In fact, anything short of full-on global reform creates all sorts of new government-induced problems:

(T)he European Union (EU), which supplied as much as 20 percent of global (sugar) exports in the 1990s, shifted from a net exporter to a net importer following sugar policy reforms in 2005.

Their reforms? Unilateral tear-down of their trade barriers – which sounds good. Except it allowed Big Sugar Subsidy Brazil to flood their market – and wipe out nearly all domestic production. And now the EU is paying about 25% more for sugar.

Something similar is happening here.  Into the midst of this global omni-protectionist nightmare, we in 1994 dropped the North America Free Trade Agreement (NAFTA).  Which greatly opened up our trade with Canada – and Mexico.

Mexico is also a large sugar producer. And the Mexican government is a huge part of the process. The Federales currently own outright 20% of all Mexican production….

Mexico has since 2008 exported (to us) nearly 8 million tons – yet have imported more than 1.2 million tons for domestic use.

In a truly free market, they would send us 1.2 million tons less – and keep it for themselves so as to not need imports. But in the patchwork quilt that is the global Trade War subsidy scheme, Mexico has manipulated their sugar price to be about 10% higher than ours. So they are playing the margins and reaping the windfall.

Yet for some reason we can’t export to Mexico at anywhere near similar levels – to avail ourselves of their higher price.  Hmmm….

Government is an organism. And like any other organism, its first instinct is self-preservation — remember the Internal Revenue Service (IRS), the Federal Election Commission (FEC) and other arms of the Leviathan impeding and attacking less government groups?

So when the government-run Brazil and Mexico sugar industries see an opportunity to use government against its opponents — they do so.

The solution? Negotiate a global across-the-board reduction in government.

This is where the World Trade Organization, usually a colossal waste of space, can actually be of some good use….

The world’s sugar-producing nations need to sit down together, each with a copy of everyone else’s lists of protectionist sugar policies. And start horse trading.

“Brazil – how about if you get rid of this subsidy, we’ll each get rid of one.”

“Mexico – if you get rid of this tariff, we’ll each get rid of one.” 

Let the subsequent discussions ensue. Lather, rinse, repeat.

The rest of the world has learned this lesson on corporate taxes — and hosts trillions of what should be domestic dollars as a result.

We should play catch-up there, dramatically drop our rates — and simplify our code.

And then take that lesson learned and apply it to what is now global farm policy.

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Comment by Mangus Colorado on January 8, 2014 at 4:33pm

Here is how LBJ and the Progressive have wasted $ 20 Trillion and now America is broke . .

LBJ AND HIS WAR ON POVERTY MADE THE NATION BROKE AND the poor are still the same percentage - $ 20 trillion dollars for zero benefit?

http://online.wsj.com/news/articles/SB10001424052702303345104579282...
Robert Rector: How the War on Poverty Was Lost
online.wsj.com
In The Wall Street Journal, Robert Rector writes that 50 years and $20 trillion later, LBJ's goal to help the poor become self-supporting has failed.
Comment by Andrew Cochran on January 8, 2014 at 10:11am
Seton, are you for or against Congress enacting fast-track authority so Obama can shove the TPP through by a simple majority? Yes or no please. I oppose giving Obama a blank check for anything and I oppose the TPP.
Comment by tony newbill on January 8, 2014 at 9:58am

 In this first Video the Health ranger talks about how the USDA and FDA do not have limits on how much toxic elements like lead , mercury and other heavy metals we are consuming in foods coming into the USA and those grown domestically . start this video at 20:00 and listen forward . The whole video shows how the TPP will wipe out Liberty for Americans , http://www.exposethetpp.org/

Watch this video first Toxic heavy metals in your food? Natural News Forensic Food Lab announcement

 

https://www.youtube.com/watch?v=QnnTQaCbayk

 

 

From: NaturalNews [mailto:insider@naturalnews.com]

Sent: Wednesday, January 08, 2014 12:53 AM

To: 

Subject: The second food science breakthrough from the Health Ranger

 

NaturalNews Insider Alert ( www.NaturalNews.com ) email newsletter

Dear NaturalNews readers,

Today we continue our series of breakthrough food science announcements with an article and a new mini-documentary video describing my discovery of the Metals Retention Factor in foods.

Read the article describing this breakthrough here:

http://www.naturalnews.com/043437_Metals_Retention_Factor_scientifi...

The video is available at YouTube:

https://www.youtube.com/watch?v=BlzJwUGmP98

The lab data is being published at:

http://labs.naturalnews.com

 

Tomorrow I will bring you the third and most amazing announcement in this series, so stay tuned to Natural News for yet more details that will radically reform the way you shop and consume foods, superfoods and supplements...

 

Thyroid cancer rates are on the rise in Japan; some experts warn residents to evacuate:

http://www.naturalnews.com/043436_thyroid_cancer_Japanese_children_...

 

The Grocery Manufacturers Association, the same Monsanto-conspiring group that masterminded an illegal money laundering scheme in Washington to try to defeat the GMO labeling bill there, now wants the FDA to allow GMOs to be labeled "natural"

http://www.naturalnews.com/043435_Grocery_Manufacturers_Association...

 

Learn how to detoxify heavy metals with the use of chlorella:

http://www.naturalnews.com/043433_chlorella_detoxification_heavy_me...

 

And turmeric may help protect against lead toxicity:

http://www.naturalnews.com/043432_lead_toxicity_turmeric_myrhh.html

 

Fresh Beef From Brazil Is A Very Scary Prospect For Many

http://beefmagazine.com/beef-exports/fresh-beef-brazil-very-scary-p...

Comment by tony newbill on January 8, 2014 at 9:50am

  With tax and trade policy they are forcing business out of the country and into other countries that will continue to use the dollar as the trade currency for these transactions .

  If Business is promoted back to the USA then the need for foreign Bond Buyers will disappear and the dollar will lose its world trade status . 

 In this negotiation we are losing our sovereign rights because its the sacrifice thats needed to keep these foreign trade partners willing to take dollars and sustain the dollar as the worlds trade currency .

 Look at how the TPP is structured .

Comment by Debrajoe Smith-Beatty on January 8, 2014 at 9:42am

First get rid of Obama.

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