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MichMan

(17,007 posts)

28. Not necessarily

Reply to gab13by13 (Reply #26)

Mon Feb 23, 2026, 10:10 AM

Feb 23

If Nike imports a shoe from Asia that costs $15 to manufacture and sells it to a kid in Detroit for $200, they likely are going to absorb a tariff of 25% instead of increasing the price to the consumer by $3.75.

No different than a corporation paying any other kind of tax like income or property taxes. Not every penny of a higher corporate income tax always gets passed along to the consumer. In some instances, it does, but depending upon the profit margins and competition, it may not.

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Highlight:

Illinois Gov. JB Pritzker Sends Trump an Invoice for $8.6 Billion in Tariff Refunds [View all] riversedge Feb 20 OP

Here is the invoice.......... riversedge Feb 20 #1

Good on Governor Pritzker! Alliepoo Feb 20 #3

States need to refund all the extra sales taxes they collected too MichMan Feb 20 #2

Pay up Diaper Don! wolfie001 Feb 20 #4

So, do we get our money back? OC375 Feb 20 #5

I love this guy! greatauntoftriplets Feb 20 #6

Welp, maybe we shouldn't have billionaires BUT at least we Have Some that Do Good! electric_blue68 Feb 20 #7

Screenshots - this is AWESOME! FakeNoose Feb 20 #8

That's stupid Bok_Tukalo Feb 20 #9

There are differing opinions. NoMoreRepugs Feb 20 #13

The importers passed the costs along. NH Ethylene Feb 20 #14

Horse hockey.... paleotn Feb 20 #18

I tried Bok_Tukalo Feb 20 #19

What's stupid is believing that the extra illegal money that was charged gab13by13 Feb 23 #27

Trump's tariffs cost American households $1,000 last year: Research group NickB79 Feb 20 #20

That study states $1000 and another one states $1700 MichMan Feb 21 #21

The importer of records isn't going to eat anything gab13by13 Feb 23 #26

Not necessarily MichMan Feb 23 #28

Every person, company, school, municipality, etc should send him an invoice C_U_L8R Feb 20 #10

He should have added: bluescribbler Feb 20 #11

My fear we will never see this money. Look at tfg's history. He just ties things up in court forever. mitch96 Feb 20 #12

Not to mention, where did this money actually go? NH Ethylene Feb 20 #15

Agree, it's all about the money with these guys..follow the money...nt mitch96 Feb 21 #22

Definitely possible ck4829 Feb 23 #25

A legitimate concern ck4829 Feb 23 #24

And no, Pritsker does not want to donate it to your ballroom. Sneederbunk Feb 20 #16

Luv my guv! murielm99 Feb 20 #17

Kick ck4829 Feb 23 #23