This is fine🔥🐶☕🔥@lemmy.world to Leopards Ate My Face@lemmy.worldEnglish · 3 months agoExplain it to me (sans facts).lemmy.worldimagemessage-square194linkfedilinkarrow-up1996arrow-down17
arrow-up1989arrow-down1imageExplain it to me (sans facts).lemmy.worldThis is fine🔥🐶☕🔥@lemmy.world to Leopards Ate My Face@lemmy.worldEnglish · 3 months agomessage-square194linkfedilink
minus-squarethatKamGuy@sh.itjust.workslinkfedilinkEnglisharrow-up3·3 months agoSlight correction: Tariffs are an import tax.
minus-squareXtallll@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up0·3 months 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-squareTheLowestStone@lemmy.worldlinkfedilinkEnglisharrow-up2·3 months 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.
minus-squareKillingTimeItself@lemmy.dbzer0.comBannedlinkfedilinkEnglisharrow-up1·3 months 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.
Slight correction: Tariffs are an import tax.
Technically correct, but most Americans understand how sales taxes work, so calling a tariff a sales tax works as a metaphor to explain tariffs.
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.
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.