this post was submitted on 09 Apr 2025
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Leopards Ate My Face

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[–] magic_lobster_party@fedia.io 238 points 1 week ago (3 children)

Apparently it’s difficult to grasp that price increases when thing get more expensive.

[–] drolex@sopuli.xyz 190 points 1 week ago (3 children)

But why? Is it because of Biden? Please don't explain it to me.

[–] magic_lobster_party@fedia.io 114 points 1 week ago

It’s because of Hunter Biden’s laptop

[–] Lemminary@lemmy.world 50 points 1 week ago (1 children)
[–] TheBat@lemmy.world 40 points 1 week ago (1 children)
[–] AtariDump@lemmy.world 10 points 1 week ago

🧈 🧍‍♂️ 🧍‍♂️ 🧍‍♂️

[–] idunnololz@lemmy.world 15 points 1 week ago

Why would Hillary's emails do this?

[–] Red_October@lemmy.world 55 points 1 week ago (3 children)

The catch is that the ones who don't understand always, ALWAYS think it's the other country that pays the tariff. Every time.

[–] markovs_gun@lemmy.world 53 points 1 week ago (2 children)

The dumb thing is that it doesn't matter who pays the tariff, it still will get passed to the consumer. Consider a scenario where the government starts taxing Amazon $100 per order no matter what's in it. If you buy a $10 item on Amazon, how are they going to pay the $100 tax on that? Amazon will just add a $100 tax fee to your order because they can't keep running a business if that cost isn't baked into the final price. It doesn't matter who actually delivers money to the government, the tax gets paid by all parties involved.

FYI, sales tax is already done this way. Sales tax is collected from businesses, not customers, but customers still pay sales tax because that's just how economics works.

[–] Red_October@lemmy.world 19 points 1 week ago

Right, you and I get that, my point is that the people who are confused why their tariff-impacted goods cost more don't get that. They think the other country pays it, full stop.

[–] magic_lobster_party@fedia.io 7 points 1 week ago

Even if that’s true the price would still increase. The exporting country would just charge extra to make up the difference. It’s not like they would just absorb the extra cost by pure goodwill for the oh so poor American people.

[–] Szyler@lemmy.world 2 points 1 week ago

Well, that's exactly what Trump said would happen, so why would they think otherwise?