4 ms·
It's not really a subsidy so much as an underpayment by the foreign goverments[1]. There is no tax money involved, and all the subsidizing comes from the increa
by beowulfey 7y ago
It's not really a subsidy so much as an underpayment by the foreign goverments[1]. There is no tax money involved, and all the subsidizing comes from the increased revenue from raising domestic shipping costs.
The UPU has been around for decades, but it's only been since 2010 that the USPS has formalized the process with the "ePacket" shipping.
[1] https://www.washingtonpost.com/news/storyline/wp/2014/09/12/the-postal-service-is-losing-millions-a-year-to-help-you-buy-cheap-stuff-from-china/ https://www.washingtonpost.com/news/storyline/wp/2014/09/12/...
- ikeboy 7y agoUPU and epacket are different things, and epacket is currently profitable for the USPS.
- defertoreptar 7y ago> There is no tax money involved, and all the subsidizing comes from the increased revenue from raising domestic shipping costs. If the USPS loses money, which it has been every year recently, who pays the difference?
- beowulfey 7y agoWe do, the domestic customers of the USPS. But not via tax money; rather via increased local rates.