It dawned on me that unless taxes end immediately, taxes on goods that now cost more due to tarrifs, will also bring in hire taxes.
So unless we see immediate taxation ending, these tarrifs are just a form or raising even more taxes.
If buying something requires even more for sales tax, we are now being taxd even more.
Yes get rid of taxes now! But Anons know it'll take a few seconds, so in the meantime, we need to buy only American; that's what I'm doing.
In the mean time China can pay our taxes...
Uh.... what?!
Say you have a product which costs $100. Ten percent sales tax make the final sale price $110. Now we add a 24% tariff and the cost of the product rises to $124. Now, the ten percent sales tax added to the final sale makes the cost $136.40. So the tariffs do add sales tax to the coffers of the state and federal government.
Makes sense, but buy American and avoid the tariff. OP also confused me by saying "hire" when he meant "higher."
Yes! Common sense, is to buy American, to avoid the tariff.
Not how it really works.
Tariffs only apply to foreign goods. Buy American = 0 tariffs.
Yes but again these large changes aren't made quickly. The tarrif policy hasn't even concluded. It's actively in process, final outcomes are not known. Be patient. Let them do this the right way. It's our burden to bear. Bear with pride.
good point amigo
Don’t get too excited. Look at each of your bills. Which ones are affected by tariffs? Answer: none. You will find that the other countries eat the vast majority of the tariffs.