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> The end result will be additional tariffs imposed in both directions, making consumers pay more Consumers will pay more, roughly in proportion to their consu
by dmurray 7y ago
> The end result will be additional tariffs imposed in both directions, making consumers pay more
Consumers will pay more, roughly in proportion to their consumption of a product that is at once a luxury good and environmentally unfriendly. The money mostly won't be destroyed - it will go to governments who can increase social spending or cut other taxes instead.
Sounds like a very progressive change to the tax regime. Who's complaining about this again?