NegativeNull@lemmy.world to News@lemmy.world · 5 months agoTrudeau announces 25 per cent retaliatory tariffs on U.S. goods starting Tuesdaytoronto.citynews.caexternal-linkmessage-square60linkfedilinkarrow-up1650arrow-down18
arrow-up1642arrow-down1external-linkTrudeau announces 25 per cent retaliatory tariffs on U.S. goods starting Tuesdaytoronto.citynews.caNegativeNull@lemmy.world to News@lemmy.world · 5 months agomessage-square60linkfedilink
minus-squarePersnickityPenguin@lemm.eelinkfedilinkarrow-up3·5 months agoTariffs are essentially a shitty sales tax. I’ve read it described as a way to switch the US federal funding from I come tax to a hidden sales tax. The revenues will also be much much lower, which is why they need to eliminate every federal bureau.
Tariffs are essentially a shitty sales tax. I’ve read it described as a way to switch the US federal funding from I come tax to a hidden sales tax.
The revenues will also be much much lower, which is why they need to eliminate every federal bureau.