Comment Re:It's just a tax on you (Score 1) 60
Agree in part. Yes it amounts to a sales tax, but, after all, no person buying these drones is likely to be living at the poverty line. So not wild about the rest of your argument. Right?
OTOH the US has one of the most progressive tax systems in world. IIRC, even if you include state taxes, only a couple of provinces in Canada are (slightly) more progressive. Yes, in the whole world. Those value added taxes hit Europeans especially hard. So an argument could easily be made that "poor" in the US should be paying more.
But tariffs are essentially dishonest, they are only likely to make American companies LESS competitive. That should be the primary economic takeaway.
from gemini: "you have a great memory—you are exactly right. The study you are thinking of was published by the Fraser Institute, a Canadian public policy think tank.
Their research analyzed the tax systems of 33 developed nations within the OECD and concluded that the United States has the most progressive tax system of the group."
OTOH the US has one of the most progressive tax systems in world. IIRC, even if you include state taxes, only a couple of provinces in Canada are (slightly) more progressive. Yes, in the whole world. Those value added taxes hit Europeans especially hard. So an argument could easily be made that "poor" in the US should be paying more.
But tariffs are essentially dishonest, they are only likely to make American companies LESS competitive. That should be the primary economic takeaway.
from gemini: "you have a great memory—you are exactly right. The study you are thinking of was published by the Fraser Institute, a Canadian public policy think tank.
Their research analyzed the tax systems of 33 developed nations within the OECD and concluded that the United States has the most progressive tax system of the group."