Tariffs are actually an import tax?

The party exporting doesnt pay more. The buyer purchasing does.
Tariffs incentivize buying domestic but any revenue generated assumes the buyer is purchasing those imported goods and the import tax involved. No one wins.

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whowasthatmaskedman · 70-79, M Best Comment

Small point of order.. The government wins. The purchaser pays them the tax.. But only oif you buy something. If you have no money and cant buy anything, you dont pay it..So gradually more and more Americans will pay less and less tax as they run out of money.. And Republicans are all about less tax. Arent they?😷

jehova · 31-35, M

@whowasthatmaskedman and the bills will remain unpaid.

whowasthatmaskedman · 70-79, M

@jehova I agree. I truly believe that the US govwernment is looking for an exit strategy to avoid repaying the close to $40 Trillion America owes the rest of the world. Now thats going to hurt everyone that owns T Bonds and other Treasury notes badly. Pension funds. Kids college funds, right up to sovereign governments of other countries. Wars have been started over things like this.. In fact one of the simpler ways to achieve this is to start a war..A nice big one..
And on that sad note, Thank you for the Best Comment..😷

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