"Why Do Prices Rise with a National Sales Tax?" This post is assuming that a sizeable domestic industry still exists, and also that demand is relatively elasti

"Why Do Prices Rise with a National Sales Tax?" This post is assuming that a sizeable domestic industry still exists, and also that demand is relatively elastic. This is sensible for wine and maybe sugar, but not for the myriad of equipment and supplies it would actually take to create new factories. If the goal is to paralyze and destroy the country, the high import taxes that Trump is pushing are a great way. That people continue to "4D chess" this buffoon "for the cause" continues to astound me.