Dingel reports:
The US nominal average ad valorem tariff rate for (12 Days of) Christmas this year, which I calculated using the handy Harmonized (Tariff) Christmas schedule, is only 1.9%. I assume that Santa has MFN status.
Drums 4.8%
Pipes 0%
Milking machines 0%
Swans 1.8%
Geese $.02/kg
Golden rings 5.5%
Calling birds 1.8%
French hens $.02/kg
Turtle doves 1.8%
Partridge 1.8%
Pear tree 0%
I thank Alex Thiele, a loyal MR reader. But I believe the optimal tariff on drums is zero.
But isn’t it milking maidens? And aren’t there leaping lords? And aren’t both subject to immigration restrictions (Hispanics for work on dairy farms)? How does one convert the immigration rules to the same basis as drums?
I read the title too fast. Hank Williams Jr.’s “Are you ready for some football?!” leapt into my brain.
Santa applied to become a bank holding company in order to qualify for TARP.
http://www.bailafamilyout.com/Help_me_and_Help_others.html
Tariffs on drums increases the use of drum machines, putting drummers and drum makers out of business!
I think Santa’s sleigh is a free trade zone.
Comments on this entry are closed.