This is fine🔥🐶☕🔥@lemmy.world to Leopards Ate My Face@lemmy.worldEnglish · 7 days agoExplain it to me (sans facts).lemmy.worldexternal-linkmessage-square202fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkExplain it to me (sans facts).lemmy.worldThis is fine🔥🐶☕🔥@lemmy.world to Leopards Ate My Face@lemmy.worldEnglish · 7 days agomessage-square202fedilink
minus-squarethatKamGuy@sh.itjust.workslinkfedilinkEnglisharrow-up0·7 days agoSlight correction: Tariffs are an import tax.
minus-squareILikeBoobies@lemmy.calinkfedilinkEnglisharrow-up0·6 days agoIf they’ve gotten this far while not understanding that then I don’t think they will understand that
minus-squareXtallll@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up0·6 days agoTechnically correct, but most Americans understand how sales taxes work, so calling a tariff a sales tax works as a metaphor to explain tariffs.
minus-squareKillingTimeItself@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up0·6 days agoit’s not a sales tax, it’s a tax at import, It’s sort an inverse of a sales tax though. a “foreign purchase tax” if you will.
minus-squareTheLowestStone@lemmy.worldlinkfedilinkEnglisharrow-up0·6 days agoAnd it basically is a sales tax that’s paid by the importer when they purchase the goods. That’s generally how I explain it to people.
Slight correction: Tariffs are an import tax.
If they’ve gotten this far while not understanding that then I don’t think they will understand that
Technically correct, but most Americans understand how sales taxes work, so calling a tariff a sales tax works as a metaphor to explain tariffs.
it’s not a sales tax, it’s a tax at import, It’s sort an inverse of a sales tax though. a “foreign purchase tax” if you will.
And it basically is a sales tax that’s paid by the importer when they purchase the goods. That’s generally how I explain it to people.