Yerbouti@sh.itjust.works to Microblog Memes@lemmy.worldEnglish · 2 months agoFox viewers STILL imagine that foreign exporters will simply reduce their profit margins to 0, or even go into debt, for the privilege of selling trinkets to Americans.sh.itjust.worksimagemessage-square112linkfedilinkarrow-up1943arrow-down122
arrow-up1921arrow-down1imageFox viewers STILL imagine that foreign exporters will simply reduce their profit margins to 0, or even go into debt, for the privilege of selling trinkets to Americans.sh.itjust.worksYerbouti@sh.itjust.works to Microblog Memes@lemmy.worldEnglish · 2 months agomessage-square112linkfedilink
minus-squareayyy@sh.itjust.workslinkfedilinkEnglisharrow-up2·2 months agoWhat’s the mechanism that makes this sales tax only apply to corporate profits and not all the other costs that go into producing a good or service?
minus-squaresunzu2@thebrainbin.orglinkfedilinkarrow-up1arrow-down1·2 months agoSales tax is applied at the point of sale on the end customer. It does not go into cogs. Corpo consuming goods or service themselves would go into GA
What’s the mechanism that makes this sales tax only apply to corporate profits and not all the other costs that go into producing a good or service?
Sales tax is applied at the point of sale on the end customer. It does not go into cogs. Corpo consuming goods or service themselves would go into GA