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by rsynnott
442 days ago
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Thinking of tariffs as a _sales_ tax, while it seems to be quite popular on this 'ere orange website, is both incorrect and very dangerous. Sales taxes, generally, are paid by the final consumer. Tariffs are paid at point of importation. This makes a big difference; if your factory makes, say, computers, sales tax impacts the (consumer) cost of the computer, but tariffs impact the cost of _all of your imported components_. |
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