My version of a new Fair Tax. Countries with cheap labor, minimal environmental/labor protection or other "advantages" will no longer have such advantages 1) All labor and production costs are built into goods and services. If come from overseas, a tariff equivalent to these costs equivalent to US costs is levied on all goods/services, domestic or imported. Other countries are invited to have a similar structure. These replace all government equivalent programs, involved in production of goods or services: Workmen's comp reasonable training./education Reasonably determined salary (no longer exporting to country with $2 a day labor) Retirement Federal Tax, Reasonable state & local taxes Labor-based protections Minimal 10 holidays, 10 vacation days, 3 sick days Property/land/school taxes Disability Environmental Costs ( no more moving fish farms to countries with nonexisting protections) Think, in 35 years, what professional jobs will be left in the USA? 2) Minimal tax on wealthy individuals (inviting to bring wealth back onshore) 3) Slash government largesse to unions, military govt workers (especially pensions)./ All such obligations are dissolved and folded into regular programs. These programs are going to kill state and local govts in places like NY or NJ. 4) All governments who enjoy US military protection will pay for it (South Korea, Germany/Europe, etc. Further, the government will be prevented from invading anyone every time they think spending $500 billlion beating up a 2nd world country is the answer. How many hearts and minds did we win in Iraq or Afghanistan? 5) Federal, state and local governemnts are henceforth for all time prohibited of spending more than they make, borrowing or floating "bonds" to paid off in the future. Think libertarian governmental structures. If we cannot pay for it, maybe we don't need it. Feel free to flame or expand this.