Taxes are paid on money companies make by selling their products. That means they've made their profits and pay a portion of them in taxes.
Tariffs are paid at the time the products arrive. That means before the companies have made a single dime they have to pay more money based on the value of the imported product. This means, if they want to make any money, they have to increase the price of their products. This causes inflation.
So, to answer your question, corporate taxes good, tariffs bad.
Trump Tariff will Kill the Economy
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An electronic hardware company explained to customers why its prices will increase soon after sharing its latest bill, which included a $36,126.46 tariff charge😎 1Leave a comment:
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So confiscatory corporate taxes on American companies good but tariffs on imports bad. Right guys?👍 1Leave a comment:
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Breaking News the Trump Red Hats are Made in China
Ironic isn't it👍 1Leave a comment:
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... as proven by many online retailers, adding an extra line to their invoices describing the extra tariff taxes applied to each sale.👍 1Leave a comment:
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"Trump is a proponent of tariffs, insisting that they are paid for by foreign countries. In fact, it is importers — American companies — that pay tariffs, and the money goes to the U.S. Treasury. Those companies typically pass their higher costs on to their customers in the form of higher prices. That’s why economists say consumers usually end up footing the bill for tariffs."Leave a comment:
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Zero ships from China are bound for California’s top ports. Officials haven’t seen that since the pandemic
Yep Trump did that🥰 1Leave a comment:
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It doesn't surprise me that you're either too stupid or too intellectually dishonest to process and respond intelligently to my post.Leave a comment:
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Why are left wing loons so much in favor of taxing American corporations yet so opposed to taxing foreign corporations via tariffs? They even insist that raising taxes on American corporations won't increase consumer prices. They claim that the owners and shareholders will eat the corporate taxes they favor rather than passing them on to consumers. They feel righteous and superior when they speak of increasing American corporate taxes. They are getting even with the other side in their pea sized brains. its the strangest thing. Liberal loony logic I suppose.Leave a comment:
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Why are left wing loons so much in favor of taxing American corporations yet so opposed to taxing foreign corporations via tariffs? They even insist that raising taxes on American corporations won't increase consumer prices. They claim that the owners and shareholders will eat the corporate taxes they favor rather than passing them on to consumers. They feel righteous and superior when they speak of increasing American corporate taxes. They are getting even with the other side in their pea sized brains. its the strangest thing. Liberal loony logic I suppose.
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