Reply #9: A 'Labor Tarrrif', Ma'am, Such As You Suggest [View All]

Is one of my prefered panaceas for the problem. On importation of goods, the importer should be charged the difference between the actual wage payed and the minimum or the prevailing wage in the country. Applying this to services would be trickier, but could be done.

Essential, too, is a restructuring of tax laws, so that headquarters location had no bearing whatever on liabilities, and tax would be reckonned on where capital investment was located, wages paid, and sales transacted.

It would be necessary for nations to act in concert in such reforms, as if they were not reasonably uniform over the globe, they would be largely inneffective in restraining corporate attempts at evasion.

It is time for nation states to reassert the sovereign's authority over the merchant: indeed, it is long past time for this.