Redditsux@lemmy.world to politics @lemmy.world · 2 days agoTrump Rages At Walmart For Raising Prices Over Tariffswww.mediaite.comexternal-linkmessage-square151linkfedilinkarrow-up1671arrow-down17
arrow-up1664arrow-down1external-linkTrump Rages At Walmart For Raising Prices Over Tariffswww.mediaite.comRedditsux@lemmy.world to politics @lemmy.world · 2 days agomessage-square151linkfedilink
minus-squarecredo@lemmy.worldlinkfedilinkarrow-up10·1 day 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-up1·16 hours 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.