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Joseph Meyer /
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2024-09-13 13:27:43

Joseph Meyer on Nostr: "Tariffs – taxes on imported goods – likely impose a heavier burden on ...

"Tariffs – taxes on imported goods – likely impose a heavier burden on lower-income households, as these households generally spend more on traded goods as a share of expenditure/income and because of the higher level of tariffs placed on some key consumer goods. Tariffs function as a regressive tax that weighs most heavily on women and single parents."

#Tax
#Tariffs
#Trump

https://cepr.org/voxeu/columns/us-tariffs-are-arbitrary-and-regressive-tax
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