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They STILL don't get it? Everyone has been yelling about exactly what would happen. The news, social media, people protesting in the streets... even Fox News is critical of the Tariffs now. Journalists are bringing it up at White House press conferences and getting reaponses from the Press Secretary. This is not a secret. What sort of social bubble/echo chamber, do these people live in? Just fully bought in to the kool-aid. Useful idiots, the lot of them!
Why is it always my president or not my president with these people? It's not a sporting event, there are teams but not the ones they're thinking of
I'm impressed they are line iteming it for you.
I absolutely would. Make it clear that you aren't just arbitrarily raising prices, that there is a cause, and exactly what that cause is so that people are pissed about it but at the right people.
I'm seeing more companies making it a "tariff surcharge" right before the tax line item.
It makes sense. It is clearly to show to dumbfucks who voted for this how their dumbfuck decisions cost them.
When there tariffs change every time Trump goes into Twitter, i would expect them line itemized and with a timestamp.
See, the trick is that calling it a tariff hides the fact it's an IMPORT TAX, paid by the people within the IMPORTING COUNTRY
Since it's a tax, the party paying the tax has no impact on its tax incidence. It's just the result of supply and demand elasticity.
Even the administration admits that it will make things more expensive. The "passthrough" of 0.25 in their equation means Americans will pay 25% of the tariff amount. And it's in the denominator, so if it was 0, the (limit of the) tariff rate would go to infinity, which means no amount of tariff would be effective.
I always try to bring it back something they can relate to.
You know how when you go to some small mom and pop shop, and they charge you a small % to use a credit card, or give you a discount for using cash? Its the same principle. The credit card companies charge them a fee, and they dont want to (or cant afford to pay it), so they make you pay it. Tarrifs are the same. Either you pay the fee via surcharge, or your cost of the product went up to pay the fee
Trump has said that other countries are ripping off the USA which creates the impression that foreign companies are selling goods far higher than they are worth. That means that people who believe Trump likely think that the foreign companies have enough margin to soak up the tariff, I.e. Pay it themselves, in order to keep doing business. Then the ripping off stops and those foreign countries just grumble that their gravy train is over.
In reality, they are not and never were ripping off the USA in the way that is being suggested. Republicans seem to have forgotten that the market forces they used to talk about being so important have put a downward pressure on prices to some extent have prevented price gouging wherever there is competition and no collusion. Even when the goods come from overseas.
Now due to the tariffs, the cost of doing business with the USA went up. So if they want to keep selling products in the USA, they need to cover the cost of the tariff, and the only way to do that and stay in business is to pass the tariff on by increasing their price to the customer. They can still sell that product outside the USA at its original price but they may choose to increase those due to reduced volume sold over all since the USA will likely buy less.
By labelling the surcharge for the tariff they are simply highlighting the reason for the increase in price. As they should. I fear though that posts like this show that even when the reason for increased pricing is made clear, people will still choose their reality and not believe or understand the causes and motivations.
The cost doesn’t increase to the foreign company. The cost increases to the importer here in the USA. The foreign companies don’t see that money (the IRS cannot audit China lol we have no jurisdiction over other sovereign nations), it’s paid by Americans TO America.
Also where the fuck is the tariff money going. Never a single mention of that.
A few pockets here and there.
Wtf
Sorry, Copium is produced mostly in china, im gonna have to hit you with a tarriff surcharge
In other words, Brandon has no fucking idea what "tariff" means, except it must be good cuz Daddy says so.
I wish the US media would call tariffs "import taxes", as that terminology seems to be generally better understood by the public.
Yesterday I type "what" into my search engine and within the top 5 was "what is a tariff". Import tax would make too much sense and people wouldn't stand behind it if it was referred to as such.
I get that tariff is the correct word and I understand what they are, but I am sure people like my dipshit cousins had no clue until a few days ago.
Then they'd blame the liberals for adding a new tax when all Trump wants is tariffs.
To be fair, Trump doesn't even know how tariffs work properly.
Someone on reddit (from where I stole this pic) said 'Trump thinks tariffs are like tributes' and I think that's a perfect analysis of Trump's mentality.
Isn't that correct though?
Whenever someone does something, they need to pay tribute to Trump. So, it's like tribute to him.
i wish it was less embarrassing to be wrong so that people like this wouldn't feel compelled to (checks notes) do whatever comes after octuple down
I would be short and concise, and just for this person add a sprinkle of personal responsibility:
Trump taxed you because you bought something un-American.
The extension:-
This costs more because you have to pay off Trump as it contains something un-American.
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