and lorn labor rates is equal deduction. this is a pretty simple approach at the end of the year, business adds up export sales and discards them. it s not taxable. so it is the simple but pretty powerful equal taxation. here is the other objection i hear for it, prices are sticky, you can t immediate i will go out and raise your price ifs you re in business all of the time. you re going to have a transition period here and is the transition period going to be messy enough so that we could get enough uncertainty in the economy that between now and say the 2018 election we have a real stumbling economy and that won t help you guys. that s a fair criticism. so we are proposing bold changes here. taxing equally in u.s. and no longer taxing around the world all incredibly progrowth, big changes. we don t expect industries to pivot on a dime.
deducting that foreign capital and lorn labor rates is equal deduction. this is a pretty simple approach at the end of the year, business adds up export sales and discards them. it s not taxable. so it is the simple but pretty powerful equal taxation. here is the other objection i hear for it, prices are sticky, you can t immediate i will go out and raise your price ifs you re in business all of the time. you re going to have a transition period here and is the transition period going to be messy enough so that we could get enough uncertainty in the economy that between now and say the 2018 election we have a real stumbling economy and that won t help you guys. that s a fair criticism. so we are proposing bold changes here. taxing equally in u.s. and no longer taxing around the world all incredibly progrowth, big changes. we don t expect industries to