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They are very similar, the difference is that everyone can see sales tax on their receipt. Tariffs are a clever way to impose a hidden regressive tax.
by DaveExeter 2y ago
They are very similar, the difference is that everyone can see sales tax on their receipt.
Tariffs are a clever way to impose a hidden regressive tax.
- AnimalMuppet 2y agoTo impose a tax only on imports. So, no, it's really not like a sales tax. Look, Trump's idea is economically unwise for several reasons. But you're stretching past the breaking point in trying to find a way to drag it into this conversation.