4 ms·
Something important to consider re: comparisons to a "sales tax": a sales tax applies to every unit you sell, a tariff applies even to the units you don't sell.
by thunderfork 1y ago
Something important to consider re: comparisons to a "sales tax": a sales tax applies to every unit you sell, a tariff applies even to the units you don't sell.
This is a small distinction with some fun inflationary effects.