And, importantly, tariffs are payed by the importing party. This means they affect the base price of the product and cannot be made progressive.
You could set up a deduction system... But that's retroactive (poor people still don't have that money for a whole year) and dramatically complicates their tax filing burden and financial record keeping requirements.
The rich can afford lawyers and accountants, so the IRS has been going after lower and lower income folk for their slip-ups more often. So yet more punishing the poor.
You could set up a deduction system... But that's retroactive (poor people still don't have that money for a whole year) and dramatically complicates their tax filing burden and financial record keeping requirements.
The rich can afford lawyers and accountants, so the IRS has been going after lower and lower income folk for their slip-ups more often. So yet more punishing the poor.