Redditsux@lemmy.world to politics @lemmy.world · 2 days agoTrump Rages At Walmart For Raising Prices Over Tariffswww.mediaite.comexternal-linkmessage-square44fedilinkarrow-up1366arrow-down14
arrow-up1362arrow-down1external-linkTrump Rages At Walmart For Raising Prices Over Tariffswww.mediaite.comRedditsux@lemmy.world to politics @lemmy.world · 2 days agomessage-square44fedilink
minus-squarecredo@lemmy.worldlinkfedilinkarrow-up5·2 days ago tariffs are essentially sales taxes based on origin rather than point of sale. I’m guessing this will make sales taxes go up too. We are now paying taxes on the taxes.
minus-squareTheLowestStone@lemmy.worldlinkfedilinkarrow-up1·2 days agoIt will. Sales tax is a percentage of retail price and prices are going up.
I’m guessing this will make sales taxes go up too. We are now paying taxes on the taxes.
It will. Sales tax is a percentage of retail price and prices are going up.