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88 sats \ 0 replies \ @Rothbardian_fanatic 4 Nov \ parent \ on: A Brief History of Tariffs and Stock Market Crises econ
Yes, for sure. The incidence of the taxation is no different in the cases of tariff and income taxes. They both hit the consumer.
The only decent thing about the tariff is that you can avoid buying that good if you don’t want to pay the tariff. But, let’s face it, a tariff is a tax, only of a special kind.
And, yes, it is always good to say someone else will be suffering the tax, not you!
That is the way the politicians and ELites trick you into consenting to it.