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He's Raised Your Taxes [View all]
Yes, a tariff is a tax on imported goods and services. Governments impose these taxes to raise revenue, protect domestic industries by making foreign goods more expensive, or as a tool for foreign policy.
A tariff is a tax on the value of an imported product, such as a 10% tariff on a $10 item would add $1 to the cost, bringing the total to $11. So, 50% tariff? 100% tariff?
Yes. So a tariff is a tax.
trump- the tax-raising precedent!
5 replies
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= new reply since forum marked as read