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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsConsumers Paid 90% Of The Tariffs But Businesses Will Get The Refund
Jared Bernstein says don't hold your breath if you think that businesses are going to lower prices now.
Krasnov's Tariffs were a 1 way tax put on consumers. USA USA
https://www.msn.com/en-us/money/personalfinance/no-one-should-hold-their-breath-jared-bernstein-says-consumers-paid-90-of-the-cost-for-tariffs-but-won-t-see-refunds-how-to-protect-what-s-left/ar-AA21A2xP?
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Consumers Paid 90% Of The Tariffs But Businesses Will Get The Refund (Original Post)
gab13by13
Friday
OP
Scrivener7
(59,872 posts)1. And all those sellers have tested the new high price and seen that many will pay it, so the price will never come down.
gab13by13
(32,541 posts)2. The tariff money probably went into Krasnov's bank in Qatar
but these recent refunds will be paid for by our taxes or stolen from a healthcare fund.
a kennedy
(36,184 posts)3. The good old American Way eh???
🤬 🤬 🤬
ProfessorGAC
(77,027 posts)4. I Believe That Number Is Low
I've seen credible estimates of 94 or 95% of the tariffs paid were passed through.
That makes the refund situation even worse.
Tree Lady
(13,345 posts)5. I totally believe Costco if they get money
Will do something, not sure what but they will.