Why the US should NOT abolish the Chicken Tax?

Why the US should NOT abolish the Chicken Tax?

Expert Solution

United States should not abolished the chicken tax because chicken tax is providing with additional tariffs to the United States and it is also protecting against any kind of dumping of the foreign goods into the United States domestic market and it is also meaning that domestic investors and produces are protected to large extent by unfair abuse of competition by the foreign companies by keeping the prices low in the domestic market and providing with some standard quality.

it will also mean that there will be a protection of the interest of the domestic investors in terms of pricing and lack of abuse of competition and these domestic manufacturers will have a chance to to penetrate the market more and maximize the rate of return.

it will also mean that government will collect more taxes and there will be more transparency into the economy and there will be lower level of foreign intervention.

jeff jeffy answered 2 years ago

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