it would raise the price. ainsley: wouldn't it encourage more people to make these products here in america? >> yes. in the long term it would. but in the short-term you pay higher prices. steve: now, stuart, i heard somewhere that the reason it's 20%, the border tax is because there is a 20% tax on things made on here in the united states. in and out 20 in, 20 out. >> it's an attempt to equalize the taxation overseas and taxation here. steve: that sounds okay to the average person. >> i think we are missing something here. this border tax proposal is a very big deal. until now, we tax income. what you earn is what gets taxed. in the future we would start to shift towards taxing what we buy, what we spend money on. consumption as opposed to income. somewhat similar that is a huge shift in the nature of taxation. not going to be popular universally. it raises prices. and, remember, poorer people who are paycheck to paycheck
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