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Reply to "Suddenly Noticing High Retail Prices everywhere "
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[quote=Anonymous][quote=Anonymous]Well Democrats want to raise taxes on businesses which will be passed right along to the price of the goods and services they sell as well as reduce employee benefits. It’s no different than tariffs. Those costs are passed onto the end consumer regardless of which party is in power.[/quote] Business taxes are imposed on profits. Import taxes are imposed on the basis of national origin. Grocery stores don't operate at high profit margins, so tariffs will affect food prices more than profit taxes. Clothing, shoes, and consumer goods will be most affected by tariffs.[/quote]
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