Call it stealing if you want,
but it’s clearly a plot to
move the…
TRADE · TAXES · COST OF LIVING
Tariffs effectively shift the
tax burden from high-income
earners to everyday consumers
by increasing the cost of.
Call it stealing if you want,
but it’s clearly a plot to move
the tax burden downward —
toward the checkout line, not
the top tax bracket.
Tariffs show up in the price of
the things you buy — groceries…
The Story
You’ve been told that tariffs
are paid by other countries.
TRADE · TAXES · COST OF LIVING
Tariffs on imports are taxes
paid by American companies at
the border, costs that are
typically passed.
They aren’t.
A tariff is a tax on goods
coming into the United States.
The bill goes to the American
company importing it. That
company pays U.S. Customs. The
money goes to the U.S.
Treasury. On a $1,000 laptop…
The Story
← PreviousEconomy · Page 5Next →