A Krugman Lesson on Tax Policy
A Comment on Trump’s Twisted Tariff Logic
Trump claims Chinese tariffs have brought in millions. Wrong. A tariff on imports is a Tax. The Tax is paid by companies importing Chinese products. These taxes are at least partially passed to consumers of the products. If it looks like a duck, swims a duck, and quacks like a duck it probably is a duck.
Last Updated on January 7, 2019 by Stephen Chapel