A. It doesn't matter
Answer: C. We're talking about more than 9 million jobs in the automobile industry, the machinery industry, the construction industry, the appliance industry and many others. These are good, high-paying jobs, too.
Question: So what's wrong with H.R. 808/S.957's1.5 percent steel tax to raise money for legacy costs?
Answer: C again! In fact, the steel tax will cost more than 400 steel jobs by raising the cost and cutting sales of both imported and U.S.-made steel. In addition, it will cost another 18,000 jobs in major steel-consuming industries (almost 2,000 in autos and parts, more than 3,000 in fabricated metals, more than 3,000 in non-electric machinery production, and almost 7,000 in construction).
If you were inclined to answer "A" in both cases, you can hardly be faulted; the debate has been a little one-sided so far. But now it's time to hear another side to this story.
Get all the facts: Call CITAC
The Consuming Industries Trade Action Coalition