This is fine🔥🐶☕🔥@lemmy.world to Leopards Ate My Face@lemmy.worldEnglish · 8 days agoExplain it to me (sans facts).lemmy.worldimagemessage-square134fedilinkarrow-up11.32K
arrow-up11.32KimageExplain it to me (sans facts).lemmy.worldThis is fine🔥🐶☕🔥@lemmy.world to Leopards Ate My Face@lemmy.worldEnglish · 8 days agomessage-square134fedilink
minus-squareXtalllllinkfedilinkEnglisharrow-up5·7 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-squareTheLowestStone@lemmy.worldlinkfedilinkEnglisharrow-up5·7 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.
minus-squareKillingTimeItself@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·7 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.
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.