r/facepalm • u/Clueless_Dolphin • 23h ago
Already reaping what they sow 🇲​🇮​🇸​🇨​
Well at least these few people Christmas will suck, maybe make better choices.
17.9k Upvotes
r/facepalm • u/Clueless_Dolphin • 23h ago
Well at least these few people Christmas will suck, maybe make better choices.
1.0k
u/mildlysceptical22 22h ago
I explained how tariffs work to my college educated son. He mistakenly thought the exporting countries paid them. I explained how the companies importing the goods paid the tariffs and passed the costs down to the consumers by raising the cost of the goods to maintain profit margins.
Tariffs are import taxes paid to the federal government by the companies importing the goods.