RicodJour wrote: ...
But protectionism is still a losing proposition...
...
No; the current exemption expires at end of fiscal year (automagically restoring the restrictions which are still in force except for the temporary exemption that is expiring) and doesn't look promising for getting action to extend it (the exemption, that is) before then...it's only a little over 2 months to go.
It's the same problem as the fact the current estate tax ceiling (actually unlimited for the one year of 2010) expires and reverts back to the $1M limit that's going to just kill family business transitions unless it, too, gets extended. That also is stalled.
As well as the EPA 15% ethanol mandate, the blending tax credits on both biodiesel and ethanol, and the list goes on ad nauseum... :(
Meanwhile, they wonder why there's no economic activity amidst the uncertainty of not knowing which rules are going to be in effect and when and for how long... :(
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