Tuesday, April 15, 2008

Tax Day USA

Should the US keep the Chicken Tax?

The Chicken Tax was instituted back in 1963, and was aimed at European (read VW) truck makers. The long and the short of it is that there was a trade war going back then between the USA and Europe. The Europeans tripled the tax of chickens being imported into Europe, and the US retaliated by putting a 25% tax on any truck imported into the USA. That's how it came about, and we've lived with it ever since.
[...]

No comments: