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In reply to the discussion: Trump Says U.S. Will Purchase Crops to Offset China Losses [View all]Cold War Spook
(1,279 posts)55. Okay. I got it now.
The importer pays the government the tariff and then charges the consumer the cost of the tariff. So the importer pays the government and then gets his money back from the consumer so actually, it is a tax on the consumer even though the consumer does not pay the government directly. The Democrats have got to make that very plain to the people that they are being taxed.
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Can some economist explain how any of this 'robbing Peter to pay Paul' stuff
sinkingfeeling
May 2019
#4
It's OK if it's Proletariat Peter who is picking up the tab and not Bourgeoisie Peter!
TheBlackAdder
May 2019
#18
Trump had to say SOMETHING to settle the futures market, it's been tanking for a week
CharleyDog
May 2019
#19
Just so long as it isn't one of the four or five countries of Mexico we give the soybeans to.
Hugin
May 2019
#5
Wait what? To cover his China failure, our taxe$ will buy American food to be sent abroad?
yerop
May 2019
#10
Trump argued for taxing consumers to prop up part of his political base that's getting hammered
mahatmakanejeeves
May 2019
#12
The level of factually wrong info from the president this morning is high.
mahatmakanejeeves
May 2019
#15
We've already done several tariff-related price increases at the store I work in; higher ones are
NBachers
May 2019
#22
i watch the farm report every sunday morning. this is not what the farmers want.
Kurt V.
May 2019
#31
I guess the orange anus skipped Tariffs 101 at his highfalutin business college
Brother Buzz
May 2019
#43
Does Trump think that tariffs are a type of tax that goes to the government?
Cold War Spook
May 2019
#44
He doesn't know what the h** he's doing. Someone get this clown out of office. nt
Honeycombe8
May 2019
#45