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If by "all" you mean "import companies", yes. While it is true that taxing companies is "passed on" to consumers, it's not an excuse to not tax companies.
by esbranson 1y ago
If by "all" you mean "import companies", yes. While it is true that taxing companies is "passed on" to consumers, it's not an excuse to not tax companies.
- piva00 1y agoImport companies are part of many supply chains in the USA, that's what the push for globalisation by the USA since the 1990s created. In a sense it is almost "all", most products Americans consume depend on imported inputs. In the end the companies aren't taxed, they just pass the cost downwards to the consumer, it's a VAT with many extra steps.