WTO Dispute Panels Gain Power
September 03, 2010 / Bruce Stokes
GENEVA—In November 2008, in an early version of the cash-forclunkers legislation, Sen. Barbara Mikulski, D-Md., proposed allowing taxpayers to deduct interest on car loans and state car taxes from their federal income taxes as a means of boosting plummeting U.S. auto sales. Asked if her scheme would apply to both foreign- and domesticmade vehicles, she replied, matter-of-factly, “Of course it would; otherwise it would be WTO-incompatible.”



