Comment on Who gets all the tariff money about to be collected from US citizens buying products from Canada?
callouscomic@lemm.ee 3 days ago
Remember everyone. View tariffs as kind of a federal sales tax. Sales tax typically affect lower classes more than upper classes. It will also compete with other sales taxes at other government levels.
Meaning, to grossly oversimplify, this will ultimately cost more for people with less wealth, and it will degrade your local governments ability to provide services due to less income.