Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
In other words, taxes are too high
This is part of the problem. The flat tax isn’t so flat with assorted giveaways to special interest individuals/entities. When the tax was first developed it was going to be a simple tax applied to every one/thing but over time that was changed and when one individual/thing gets a break the others have to pay more to make up the difference.