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Norrrm

(1,131 posts)
1. Who gets the money from tariffs? Tax hike
Wed Mar 26, 2025, 09:41 PM
Mar 26

Who gets the money from tariffs? Tax hike

A tariff is a tax hike, usually paid by the customer.
Sometimes by the selling country but not often.
It is not called a tax, but my wallet does not know the difference.

https://tinyurl.com/25cw2c5b

A quick primer on tariffs: They’re a tax on imported goods — clothes, shoes, toys, car parts, appliances, you name it. But the extra money does not come from the foreign companies that produce those goods. The American company doing the importing pays the money to the US Treasury.
(That means the gov't.--- the administration.)
They don't seem to mention that they are collecting more taxes.

ImNotGod

(610 posts)
2. Him and his fellow fascists just do the puts and calls game and make all kinds of money manipulating the market. nt
Wed Mar 26, 2025, 09:45 PM
Mar 26

marble falls

(64,664 posts)
6. F-150s built in Mexico ... but I guess maybe if Felon can't sell cyber trucks he can furlough ...
Wed Mar 26, 2025, 11:27 PM
Mar 26

... the Chinese because of "tariffs" and "temporarily shut production until market conditions improve".

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