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[–] 27 points 1 year ago (9 children)

How is it that people don't know how a tariff works???

Are there a bunch of "other" tariffs that I don't know about???

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  • [–] 17 points 1 year ago (6 children)

    There's a shocking lack of financial literacy from a lot of people, and not just Americans.

    Tax brackets, tariffs, you name it. People somehow expect either the importer or the manufacturer to wear the cost.

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  • [–] 11 points 1 year ago (2 children)

    I have zero respect for anyone who says they rejected a raise (or bitches a raise they accepted) because theyd pay more in taxes because itd put them in a new tax bracket.

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  • [–] 1 point 1 year ago (1 child)

    In people's defense, unless you are taking uni economics classes, you probably aren't getting taught macro/micro + general economics, though it is interesting as hell imo.

    Technically, our representatives should, in theory, be learning this stuff and protecting the average person so that civilians can focus on foresty/rocket science/ R&D/public health/business/infrastructure/etc.

    That's why representatives technically are supposed to exist. Nobody has time to learn the one and outs of everything needed to run an entire country smoothly. Especially complicated stuff, like public health, economics and trade, sewage systems, transit systems, and centralized grid planning. That shit is complicated AF.

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