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What will Bernie Sanders say regarding Trump's proposed 20% tariff on Mexican imports? (Original Post) Nick Otean Jan 2017 OP
Really jehop61 Jan 2017 #1
Really? Talk Is Cheap Jan 2017 #3
Well, there are those of that persuasion. pangaia Jan 2017 #5
Welcome Back to DU RandiFan1290 Jan 2017 #2
It is essentially a tax on corporations HoneyBadger Jan 2017 #4
 

HoneyBadger

(2,297 posts)
4. It is essentially a tax on corporations
Thu Jan 26, 2017, 04:38 PM
Jan 2017

I think that 20% is the starting point, not the end point, but let's say it becomes 5-25%. I drink a lot of Corona, so that is a 25% tax on Corona, paid by the importer, Anheuser-Busch, which they have to pass along to me. They pay it on their cost, which is probably 1/10 of my cost (I buy 6packs cold at the deli), so my cost probably goes up $1-2 a six pack. I think that Bernie supports increased taxes on businesses.

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