Do you know what tariffs are? Remember the Boston Tea Party? When people through crates of tea into the harbor because they were going to impose a 3% tax on just tea? That tax was a tariff
When the cost of the tariff is passed on to consumers it becomes, in effect, a sales tax.
It's easier to sell the idea of a tariff to MAGA NAZIS than a Federal Sales Tax, especially when you are wanting to cover the cost of another tax cut for billionaires.
Iβm not laughing at that. We are also going to see a big increase in child mortality since science isnβt something they listen to and they think theyβre smarter than vaccines.
Any cost to corporations is passed on to the consumer, all profits go straight into the CEO's pockets. Their profits are never passed on to the consumer.
My husband was saying yesterday that Walmart and Loewe's have already warned consumers that if Trump goes through with this that there will be higher prices on their stuff. He was also talking about how the US gas price will increase by the gallon because 60% of it comes from Canada.
Comments
I feel zero sympathy.
there will be plenty to go around
And after their night of the long knives there will be no one to stop them
It's easier to sell the idea of a tariff to MAGA NAZIS than a Federal Sales Tax, especially when you are wanting to cover the cost of another tax cut for billionaires.
When you're talking about buying goods at a store it is called a sales tax.
When you're talking about putting a tax on goods as they are imported that is called a tariff.
Enjoy your stay.