Yerbouti to Microblog Memes@lemmy.worldEnglish • 1 month 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-square104fedilinkarrow-up1926arrow-down10
arrow-up1926arrow-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 to Microblog Memes@lemmy.worldEnglish • 1 month agomessage-square104fedilink
minus-square@ayyy@sh.itjust.workslinkfedilinkEnglish2•1 month 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-squaresunzu2linkfedilink1•1 month 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