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richard moody jr

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Would American's be willing to pay for American-made goods?

We have food labels indicating nutritional value, why don’t we have labels on all goods indicating site of origin prominently displayed? Every item should indicate the following: Raw materials for the item over 10% i.e. any raw materials comprising over 10% of the item must indicate country of origin. If a manufactured item consists of pieces from other countries, then the 10% rule applies. Labor to produce the item should indicate country where the manufacturing occurred. Shipping---what countries transported the item? If it is a ship, what flag do they fly? If it is sold by a wholesaler, then where is that company headquartered? Where does the firm pay taxes?

While I don’t advocate trade wars, isn’t it the right of every American to buy American? If we don’t know where the raw materials originate, who manufactured the item, who shipped it, and the location of all middlemen i.e. where they pay taxes, then we have no idea of what buy American means. In the case that multinational companies are involved then there should be some way to indicate what percent of that company is “American”.

To pay for this I recommend a 0.1% tax on all items sold so that the bureaucracy to enforce this can be implemented. This tax amounts to 10 cents on the purchase of an item costing $100. This is a tiny amount but would be enough to finance the enforcing bureaucracy and permit Americans to buy American.

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