General Discussion

LogDog75

(212 posts)

103. One thing I haven't read or heard anyone talk about

Mon Nov 25, 2024, 09:58 PM

Nov 25

If he does impose tariffs, not only will prices of imported items increase but so will the cost in state and/or sales taxes. Think about it, whatever the increase in the price of imported item is it will require sellers to increase their prices to the consumer. So the increased price the consumer pays will be subjected to state and/or city sales. For example, if an item cost $20 and the sales tax is 7%, the amount of tax you'd pay would be $1.40. With a 25% tariff, that $20 item now costs $5 making it $25. The 7% sales tax on $25 would be $1.75 or 35 cents more. So not only is his tariffs increasing the price but he is in fact raising your taxes.

Yeah, I'm sure the MAGaTs thought it through that imposing tariffs results in raising the price of items and increasing the amount they'll have to pay in sales tax is why they voted for him.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

133 replies

= new reply since forum marked as read

Highlight:

Trump announces a 25% tariff on all products entering the USA from Canada and Mexico. On day one. [View all] Swede Nov 25 OP

He's such... 2naSalit Nov 25 #1

Our bdamomma Nov 25 #74

Those 5 words ought to be a bumper sticker. nt KPN Nov 25 #84

Oh, great. A trade war with fucking *Canada*? Ocelot II Nov 25 #2

Time to grow our own produce. If we don't have wnylib Nov 25 #54

The issue is the weather nakocal Nov 25 #62

So grow produce indoors. And start canning and freezing wnylib Nov 25 #69

I do a lot of this zeusdogmom Nov 25 #93

I am fortunate. I live within walking distance of wnylib Nov 25 #100

All good points MissB Nov 26 #119

I just put in a grocery order at Walmart, and happened to see eggs (I've bought them before, obviously). mucholderthandirt Nov 26 #125

So the well to do snowybirdie Nov 26 #132

Oh, Great, A 25% Tax On Lumber From Canada DallasNE Nov 25 #97

Goodbye, avocado toast! n/t shanti Nov 25 #107

No and he doesn't care either. Old boy is nutts. TheKentuckian Nov 26 #122

What is so goddamn bad around here that drastic shit Klarkashton Nov 25 #3

"Are you not entertained"? Because that's what this shitshow is all about maxrandb Nov 25 #58

My only media anymore is right here. Like it used to be Klarkashton Nov 25 #110

Why hasn't the KFC fried chicken done its duty? Dem4life1234 Nov 25 #4

"Why do the wicked live on, growing old and increasing in power?" dalton99a Nov 25 #12

Because they continue to serve Satan's purposes, and that was part of their deal ? nt eppur_se_muova Nov 26 #133

I guess it's not about the economy now Pompoy Nov 25 #72

The leopards will be eating well, though. Ocelot II Nov 25 #5

There goes my morning coffee. leftyladyfrommo Nov 25 #6

Let's see how the markets react to this tomorrow. Yavin4 Nov 25 #7

Given it goes against what his own secretary Johonny Nov 25 #15

He knew what would happen to the markets and placed his money appropriately yesterday. Irish_Dem Nov 25 #16

I noticed that this announcement happened AFTER the markets closed. Yavin4 Nov 25 #35

It was said they did this the first time. Irish_Dem Nov 25 #39

He's already kind of backing down womanofthehills Nov 25 #112

The world has to get along without us and thrive. Baitball Blogger Nov 25 #8

Is he hoping they'll grow hostile to Americans fleeing Trump's America? Solly Mack Nov 25 #9

Things to buy sabbat hunter Nov 25 #10

Hunker down, buy less stuff pattyloutwo Nov 25 #43

☝🏾☝🏾☝🏾THIS !!!☝🏾☝🏾☝🏾 Put your cash in bonds then don't buy anything else but food !!! uponit7771 Nov 25 #70

what bonds? sabbat hunter Nov 25 #109

Intersting you say that. I'm stocking up on foodstuffs Joinfortmill Nov 25 #90

I just brought a new refrigerator which is getting delivered tomorrow and a new laptop for my son who goes though kimbutgar Nov 25 #49

Did the same bought a fridge. No extra purchases but necessary after January Blue Full Moon Nov 25 #88

But where is he?............. Lovie777 Nov 25 #11

He now sits back and watches the bribes come in fast and furious. Irish_Dem Nov 25 #13

This from Rueters News.... magicarpet Nov 25 #14

So I gotta pay more for strawberries because idiots won't stop taking street drugs? Walleye Nov 25 #22

"...to charge Mexico and Canada a 25% Tariff..." Buns_of_Fire Nov 25 #29

Yep. progressoid Nov 25 #77

We know for a fact angrychair Nov 25 #67

Our two largest trading partners BeyondGeography Nov 25 #17

This is fucking crazy and makes no sense unless he wants to burn America to the ground. Botany Nov 26 #123

Ding, ding, ding!!! lark Nov 26 #126

Remember the infant formula shortage was from Trump's fucking around with NAFTA. Botany Nov 26 #128

Assuming he's not blustering, he does leave an out if countries stop fentanyl and immigration. Silent Type Nov 25 #18

He's raising revenue for his billionaire tax cuts bucolic_frolic Nov 25 #19

We also import an enormous amount of fresh produce from Mexico. Ocelot II Nov 25 #21

Avocados erpowers Nov 25 #81

Ecuador also produces avacadoes. milestogo Nov 25 #102

We get lots of produce from Mexico LeftInTX Nov 26 #114

We grow Avocados here in the California Republic. But supply and demand? Magoo48 Nov 26 #127

Most the lumber for new construction comes from Canada questionseverything Nov 25 #57

I guess he doesn't know that can go in both directions. Ocelot II Nov 25 #20

He really is that stupid. Reckless. He surrounds livetohike Nov 25 #33

good, start ruining the country right away so the buyers remorse starts fast ZonkerHarris Nov 25 #23

We are at war ? dweller Nov 25 #24

Do you want to start a massive trade war ???!!! VGNonly Nov 25 #25

I realize I'm stating the blindingly obvious here boonecreek Nov 25 #41

Thinking is not his strong point! Linda ladeewolf Nov 25 #60

The blather that issues forth from him ... Straw Man Nov 25 #26

Hoover caused the Great Depression doing Emile Nov 25 #27

Your real maple syrup is going to cost more MacKasey Nov 25 #28

Only elites use real Canadian maple syrup. Real Murkans guzzle Pearl Milling corn syrup Prairie Gates Nov 25 #47

Growing up we had sorghum syrup. markodochartaigh Nov 25 #50

Remember Trump is the asshole who renegotiated NAFTA and now Historic NY Nov 25 #30

Because we don't like our direct neighbors? nilram Nov 25 #31

So, just in time for the Super Bowl, he's coming for guacamole and TimBits. Chellee Nov 25 #32

Fresh fish, fruit and veg are about to see a 25% (or greater) price increase. Snarkoleptic Nov 25 #34

Aldi's gets at least 50% or more of their produce La Coliniere Nov 25 #36

I guess MAGATs aren't going to get their cheap eggs after all. LisaL Nov 25 #37

Can he do this unilaterally? HereForTheParty Nov 25 #38

I googled that question. johnp3907 Nov 25 #64

Yes but congress can override him but MAGA Party prolly will block that uponit7771 Nov 25 #75

I suspect the SCOTUS Chevron ruling, which essentially says dobleremolque Nov 25 #86

He's using it to force border control... WarGamer Nov 25 #40

Trump has been pro tariff since the 1980s bronxiteforever Nov 25 #61

Stupid Americans. We were warned, and the idiots still voted for the sociopath. JohnSJ Nov 25 #42

Nobody told them their next PlayStation will cost them... Justice matters. Nov 25 #55

+++ JohnSJ Nov 25 #63

He wants an easy victory delisen Nov 25 #44

I wonder... Nasruddin Nov 25 #59

This is the equivalent of Putin's move on Crimea delisen Nov 25 #45

That's pretty much everything on the market, seeing as how Mexico is our #2 trading partner. ancianita Nov 25 #46

He's crazy Johnny2X2X Nov 25 #48

Oh ****! applegrove Nov 25 #51

Can judges stop freeze these idiotic orders? Justice matters. Nov 25 #52

Consumers DID have a way to block those useless pains DFW Nov 26 #120

This message was self-deleted by its author iemanja Nov 25 #53

I'm taking a bone saw to my spending. roamer65 Nov 25 #56

Announced on Truth Social already, day one ... what an idiot uponit7771 Nov 25 #65

He aims to crash and burn America for his boss.. Botany Nov 25 #66

Damn. Chipper Chat Nov 25 #68

Why? Mexican Coke here at my supermarket in Maryland is 75 cents per bottle. Even assuming no markup or shipping cost kelly1mm Nov 25 #111

It is quite obvious that Putins boy is ready to try and destroy the U.S. LiberalArkie Nov 25 #71

There goes house prices RainCaster Nov 25 #73

And the resulting slump in home construction and restorations will be felt all over America. Botany Nov 26 #124

The younger, dumb white males that listen to lying conspiracy hacks like Joe Rogaine are one of many reasons.... wolfie001 Nov 25 #76

Who gets all of the tariff money? Is it all going into Shitler's pocket? OMGWTF Nov 25 #78

Goes to federal government TFG used it last time to give government welfare to Rural Ghetto Kings who's farms were .... uponit7771 Nov 25 #92

I'm starting to think this guy has no idea what he's doing superpatriotman Nov 25 #79

He does, he wants to tear down the country. Nothing else makes sense even announcing these tariffs are inflationary .... uponit7771 Nov 25 #96

Why Canada and Mexico? erpowers Nov 25 #80

China skirted his 2018 tariffs by shipping their products through Mexico and Canada but China's counter tariff on soy uponit7771 Nov 25 #94

It's find out time already mcar Nov 25 #82

The price of fruits, vegetables, cars, and appliances will skyrocket. flashman13 Nov 25 #83

Some folks are about to get a very tough economics lesson Joinfortmill Nov 25 #85

Stupid is as stupid does nowforever Nov 25 #87

Turn about is far play Nigrum Cattus Nov 25 #89

It will cost more for food. Blue Full Moon Nov 25 #91

This won't go well VMA131Marine Nov 25 #95

And pigs will sprout wings and fly!!! paleotn Nov 25 #98

Looks like our clothes dryer croaked just in time. 3catwoman3 Nov 25 #99

This is more of the same old tired drumpf playbook JoseBalow Nov 25 #101

One thing I haven't read or heard anyone talk about LogDog75 Nov 25 #103

My 2020 Honda CRV was assembled in Canada. That would increase the doc03 Nov 25 #104

The way out of fascism kansasobama Nov 25 #105

An unmitigated disaster in so many ways. It is time for the Democratic leadership to speak out. Doodley Nov 25 #106

Why Canada!!! hamsterjill Nov 25 #108

Can he do this without congress? nt Ollie Garkie Nov 25 #113

Yes. dalton99a Nov 26 #115

The buck will be passed to the consumer sakabatou Nov 26 #116

I can't wait to hear Blue_Tires Nov 26 #117

Good Mountainguy Nov 26 #118

Do it. I hope Mexico and Canada call his bluff In It to Win It Nov 26 #121

Then there's musk.... Lovie777 Nov 26 #129

Remember what rules our economy though sboatcar Nov 26 #130

The markets don't believe him.... Happy Hoosier Nov 26 #131