09-13-2019, 03:31 PM
Forbes.com - wrote:https://fortune.com/2018/10/18/universal...trade-war/
Rates set by the Universal Postal Union, an arm of the United Nations described by Planet Money as a “postal illuminati,”
allow merchants to ship packages under 4.4 pounds to U.S. customers more
cheaply from China than from U.S. warehouses, officials said. A 1-pound package
that costs the USPS about $10 to deliver can be mailed from China for just $2.50,
per White House numbers.
btw, Americans are still paying a Federal Excise Tax on telephone service that began
in 1898 to pay for the Spanish-American War. War Revenue Act
On September 14, 2000, the House of Representatives took up legislation
which included the repeal of the telephone excise tax.
Under provisions contained in H.R. 4516, which was a package of both spending
and tax bills, the 3% tax on communication services would be immediately repealed.
After passage by the Congress, President Clinton vetoed this legislation.
The general excise tax has so far cost consumers about $300 billion...