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u.s., and our goods 17%. less expensive when they were shipped overseas. and would have the additional benefit of providing around $100 billion of net incomental taxes to help cut the deficit. so that s one you like the tax idea? well, if we were to genuinely substitute a v.a.t. for the corporate income tax not at both would it be a big help. the trick is to do both. not to use to close the budget deficit. having a v.a.t. in the corporate income tax. what are the barriers whether it s dealing with current subsidies that china implements, whether it s dealing with the tax issues that wilber just addressed why isn t it that we haven t seen the american political construct to address this issue. with regard to the v.a.t. it s so difficult to change the tax code, radical change. maybe do it once in a generation, and that real

100 billion00 billionIncome taxTax ideaBudget deficitChina implementsTax codeWe haven tRadical changeIsnt it