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To: FLT-bird; BroJoeK

ALL TAXES ARE PAID BY THE EVENTUAL CONSUMERS

*ALL* OF THEM

They are wrapped into the price.


209 posted on 05/22/2024 3:24:17 AM PDT by Mr. K (No consequence of repealing Obamacare is worse than Obamacare)
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To: Mr. K
ALL TAXES ARE PAID BY THE EVENTUAL CONSUMERS *ALL* OF THEM They are wrapped into the price.

All the costs the owner of the goods CAN pass on are paid by the eventual consumers INDIRECTLY, yes. Tariffs however are not paid by consumers DIRECTLY. What happens in a competitive market is:

1. the importer's profit margins get squeezed

2. the importer is undercut by domestic producers and loses market share as a result and

3. domestic producers take the opportunity to raise their prices as much as they can while still undercutting the imports on price.

211 posted on 05/22/2024 4:09:49 AM PDT by FLT-bird
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