Who pays tariffs?

[Lesh]

The correct way.

How do you define it?

Thanks for the non response. You acted like you had a point.

Clearly you didn’t

 

[Toddsterpatriot]

Thanks for the non response. You acted like you had a point.

Clearly you didn’t

It's value added divided by number of employees you ignorant clod.

 

[Nostra]

Jesus H Christ. Just STOP!
Repeating your talking points doesn't change the answer.
You have no idea what you're talking about.

None of you have answered, Simp.

Let's try again...

Who pays the price of corporate taxes?

 

[Mac-7]

None of you have answered, Simp.

Let's try again...

Who pays the price of corporate taxes?

JackOfNoTrades cant answer that question honestly

Of course consumers pay the corporate tax

 

[Nostra]

On higher profits, No they don't Nostral.

Meaningless drivel.

Corporate taxes are a cost that goes into the goods. The cost of goods is what determines the price of goods, so they are passed onto the consumer. They definitely drive up prices.

But you clowns can't admit that because of your stupid talking point bullshit about taxing evil corporations. To admit reality you would have to admit it is a tax on everyone and anyone who buys the product, no matter what it is.

It is a moronic position. But then, you are a moron.

 

[Mac-7]

How is that going to work out when the US hits peak oil production again after a few years?

Libs welcome Peak Oil and have been praying for it to their golden calf for decades

But the oil industry keeps finding more

 

[Nostra]

No its a punishment on the American consumer. We did it to ourselves by not making a point of buying American goods.

So the higher corporate taxes you clowns push is punishment on the American consumer, right?

 

[candycorn]

So the higher corporate taxes you clowns push is punishment on the American consumer, right?

No. Sane taxation on corporations means that they are paying their fair share for the roads, bridges, sewers, national defense, etc...

A tariff is not like that.

A company wants to import widgets because they can sell them and there is a demand from them. So they look to buy them from China. Demand is 100 units or whatever. Tariffs limit the profitability of the company and also the availability to the consumer.

Ask your blob about this. He had his cheap crap made in China--those little read dunce caps you guys wear. He couldn’t import as many because of tariffs thus depriving the already depraved of their idiotic beanies.

Its probably one of the great many reasons you guys are so pissed all the time.

 

[Toddsterpatriot]

No. Sane taxation on corporations means that they are paying their fair share for the roads, bridges, sewers, national defense, etc...

A tariff is not like that.

A company wants to import widgets because they can sell them and there is a demand from them. So they look to buy them from China. Demand is 100 units or whatever. Tariffs limit the profitability of the company and also the availability to the consumer.

Ask your blob about this. He had his cheap crap made in China--those little read dunce caps you guys wear. He couldn’t import as many because of tariffs thus depriving the already depraved of their idiotic beanies.

Its probably one of the great many reasons you guys are so pissed all the time.

And that's why Biden eliminated the tariffs on China before he even canceled Keystone and threw open the border, right?

 

[Nostra]

No. Sane taxation on corporations means that they are paying their fair share for the roads, bridges, sewers, national defense, etc...

A tariff is not like that.

A company wants to import widgets because they can sell them and there is a demand from them. So they look to buy them from China. Demand is 100 units or whatever. Tariffs limit the profitability of the company and also the availability to the consumer.

Ask your blob about this. He had his cheap crap made in China--those little read dunce caps you guys wear. He couldn’t import as many because of tariffs thus depriving the already depraved of their idiotic beanies.

Its probably one of the great many reasons you guys are so pissed all the time.

So it is your economic opinion that only some cost of goods goes into the price of said goods. If the cost going into the good is a pet project of Dimwingers they use to bash "evil corporations" the laws of economics disappear.

You are economically illiterate, Simp.

 

[BackAgain]

So has that happened in the US to any product?

Need it have happened for my assertion to be facially true? No.

Ergo, you remain a void.

 

[KissMy]

Libs welcome Peak Oil and have been praying for it to their golden calf for decades

But the oil industry keeps finding more

Nobody want's peak oil, but it was a fact of life here for 35 years until slick water horizontal fracking released it from source rock. The fact is all the US oil fracking fields have already peaked except for the Permian Basin. That will also peak soon once 60% has been fracked.

Then we will be back to begging OPEC or driving Electric vehicles.

 

[Nostra]

Nobody want's peak oil, but it was a fact of life here for 35 years until slick water horizontal fracking released it from source rock. The fact is all the US oil fracking fields have already peaked except for the Permian Basin. That will also peak soon once 60% has been fracked.

Then we will be back to begging OPEC or driving Electric vehicles.

Dimwingers were telling us the world would run out of oil by 2000,

 

[Leviticus]

Tariffs are a punishment for businesses that outsource for cheap labor.

Except the companies just pass the costs yo the consumers? As nd when stores like Walmart sale mostly imported good prices go up.

 

[KissMy]

Dimwingers were telling us the world would run out of oil by 2000,

BS - We will never run out. There will be less, so price will rise until people cut back on driving. So far Permian hasn't exceeded it peak in Dec 2023 at 6.22M/bpd.

 

[Nostra]

BS - We will never run out. There will be less, so price will rise until people cut back on driving. So far Permian hasn't exceeded it peak in Dec 2023 at 6.22M/bpd.

Not BS.

 

[bendog]

Yes, it is consumers who end up paying the tariffs! Does anyone disagree?

jINA passes some tariffs along to US consumers, some get eaten by for govts ... and possibly actually free market companies. Since Jina is selling stuff to us below cost, they weren't making a profit anyway.

You can make an econ argument that tariffs are inflationary, but I'm not sure current econ theory would fully support that. There has to be some monetary change to make some "shit" appear cheaper than the actual cost to the US economy.

But there's no debate that a tariff reduced the freedom of every american to look to the marketplace for the best goods at the best price. It is about TAKING FROM ONE CITIZEN TO GIVE TO ANOTHER.

 

[Orangecat]

Except the companies just pass the costs yo the consumers? As nd when stores like Walmart sale mostly imported good prices go up.

That’s the point, to raise the price of imported, slave-labor goods and incentivize more US production. Surely you understand this, right?

 

[Mac-7]

Nobody want's peak oil, but it was a fact of life here for 35 years until slick water horizontal fracking released it from source rock. The fact is all the US oil fracking fields have already peaked except for the Permian Basin. That will also peak soon once 60% has been fracked.

Then we will be back to begging OPEC or driving Electric vehicles.

And it came as a total surprise to disappointed eco warriors who were hoping we wete going to run out

And I suspect there is more bad news coming in the future

Then we will be back to begging OPEC or driving Electric vehicles.

EVs powered by atomic energy ?

 

[boilermaker55]

You need to take your "degree" in economics on the road for " P01135809" , the convicted felon and convicted sex offender twice impeached person but let's see what other economists say about " P01135809" stupidity.


Former President Donald Trump wants to spend trillions of dollars on tax cuts. His plan to pay for that is alarming some mainstream economists.


Trump proposed sweeping tariffs on all $3 trillion worth of imports into the United States, including a 60% tariff on imports from China and a 10% across-the-board tariff on imports from other nations.


Recently, Trump doubled down on the threat, saying he is considering tariffs of up to 20% on most imports in a bid to protect working-class jobs and punish what he labels unfair trading practices.


In theory, the unprecedented tariff hikes could raise trillions of dollars, funds that would help cover the cost of the tax cuts. However, many economists warn that those tariffs could backfire – badly – by raising prices on American families, killing jobs and setting off a global trade war.


It’s part of the reason Goldman Sachs in an analyst note this week said Trump’s economic policies – particularly on trade – would cause America’s economy to shrink. By contrast, Vice President Kamala Harris’ economic policy proposals would grow the economy, Goldman Sachs predicted.


Goldman and other experts fear Trump’s tough proposed trade tactics could worsen the affordability crisis in America.


“It’s one of those magical economic proposals that can actually cause inflation and put you into a recession – at the same time,” David Kelly, chief global strategist at JPMorgan Asset Management, told CNN in a phone interview.


Kelly warned that tariffs are a “perfect stagflation machine,” threaten to scramble supply chains and invite a punishing response from trading partners.


“It’s a two-year-old’s mentality: You punch someone in the nose and expect them not to punch you back,” he said.

See my multiple and lengthy answering of this question.

The U.S treasury takes in the funds. If a company chooses to pass that on to the consumer that is up to them, you as a consumer don't have to buy Made in China.

Tariffs are VERY popular worldwide. Best applied in my opinion to abusive trade nations or to reciprocate their tariff.

Now I am not a big supporter of tariffs except in strategic situations. As a technical reality though, in short, NO, consumers do NOT pay directly for the tariff.