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> We also have VAT on imports. And the US has sales tax. VAT is paid on all products, it doesn't matter if it's domestic or imported!
by michpoch 1y ago
> We also have VAT on imports.
And the US has sales tax.
VAT is paid on all products, it doesn't matter if it's domestic or imported!
- mk89 1y agoWho cares? From the standpoint of someone selling you something, their product will be sold for 20% more (and they don't get 1 cent out of it).
- notahacker 1y agoImporters care because unlike VAT or sales tax, it makes them x% more expensive than competitors. Consumers care because tariffs paid are in addition to sales taxes or VAT.
- michpoch 1y agoSo the US should drop the sales tax then?