AJ Sadauskas<p><span class="h-card" translate="no"><a href="https://discuss.systems/@ocratato" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>ocratato</span></a></span> Really great point around the sales tax.</p><p>And presumably local and state sales taxes would be levied on the price of goods after tariff taxes are applied?</p><p>If so, given most products are either imported or use imported parts/materials, Trump has basically unilaterally increased every state and local sales tax in America.</p><p>So using my example above of an American-made product with Chinese parts. </p><p>With tariff taxes, it goes up in price from $100 to $125.50.</p><p>Let's imagine a given city or state has a 10% sales tax.</p><p>Before the Trump tariff tax, that item would have cost $100 and attracted $10 in sales tax.</p><p>With the Trump tariff tax, that same item costs $125.50 and attracts $12.55 in sales tax.</p><p>In effect, he's pushed up the local sales tax by $2.55. </p><p>So the total cost, including sales taxes and tariffs, goes up from $110 to $138.05!</p><p>And keep in mind this is for an American-made product! </p><p>Didn't the Republicans say they were the party of lower taxes? Sure doesn't seem that way to me!</p><p><a href="https://social.vivaldi.net/tags/tax" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tax</span></a> <a href="https://social.vivaldi.net/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://social.vivaldi.net/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://social.vivaldi.net/tags/DonaldTrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DonaldTrump</span></a> <a href="https://social.vivaldi.net/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a> <a href="https://social.vivaldi.net/tags/Politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Politics</span></a> <a href="https://social.vivaldi.net/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://social.vivaldi.net/tags/capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalism</span></a> <a href="https://social.vivaldi.net/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USA</span></a> <a href="https://social.vivaldi.net/tags/news" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>news</span></a></p>