aaand predictably, Sulz has started the anti-Kamala attacks ,guy really thinks he can swing the election to whoever won't raise his taxes, this POS needs to be put back in place the American people ASAP
Do people not understand that Trump's insane tariff proposals are a de facto tax on everyone? Congress controls formal taxation and will not support massive increases, but Trump has shown he will arbitrarily impose tariffs w/no limits or control.
Cost increases are passed on (not necessarily instantly, there's a lot of lag in economics) but inevitably. If it costs the importer 10% more, they charge the distributor more, and they charge the store more, and the store charges the customer more. (I know you know this, but some people don't.)
Industries that have near-100% demand-driven pricing are those that have artificially induced supply constraints, like housing in many markets.
Almost no goods that would be subjected to tariffs meet that definition. Steel, oil, manufactured parts are all subject to supply costs.
Tariffs are essentially a regressive tax, and the higher incomes would be better off. (Apart from it wrecking the economy, but I'm not sure they're thinking that far ahead.)
The family sent Dash to work as a journalist in flyover country hoping it would make him a better newsman. Instead he came back converted from coastal elitist liberalism to the political ideology of an owner of the third-largest Kia dealership in Wallowa County.
This is true! (Though a lot of the dealers bought in when Kia was the absolute cheapest option for a dealership, so HKNA, after bringing its quality up beyond par, has spent the last decade forcing dealers to consolidate to improve the customer experience.)
(full disclosure: I hate the concept of NFTS and I specifically mean "buying useless status symbols is somehow better money usage than buying a subscription to the New York Times")
