How Tariffs May Affect My Life

[ASHES]

I was just curious. As sales taxs vary between states and individual municipalities within the state its difficult to provide a number(there is not a federal sales tax, save for tariffs). However, a typical rate in California is 9 to 10 percent, Texas and Florida and Penn. 6 to 8 percent, NY 7 to 9 percent. These are the five most populus and rates are usually a little less down to zero in the other states. The national average of states (unadjusted for their population differences) is about 5 percent.

I was asking because I was curious how much I'd pay in Canada for the same product here. Now that we have 50 percent tariffs (in the framework) I would expect I'd save money buying the same product in Canada in spite of the slightly higher combined sales taxes.

Until you try bringing it back, except what you get in the duty free shop.

 

[maxparrish]

Until you try bringing it back, except what you get in the duty free shop.

I wonder if duty free shops sell solar banks and truck loads of solar panels? Hmmmm.

As for duty, I wonder if I relabel the stuff as " made in Siberia Russia, Gulag Arctic Colony 54": if it would then be duty free?

 

[ASHES]

I wonder if duty free shops sell battery banks and truck loads of solar panels? Hmmmm.

You'd raise red flags with that purchase.

 

[maxparrish]

You'd raise red flags with that purchase.

Too bad those Canadian smugglers in the prohibition aren't still around, so good that they kept America supplied without serious interruption for most of prohibition. Great Lakes, steamers, Detroit Windsor Crossing, speedboats darting across the Detroit River, backroads and bribed railroad officials.

I'm almost nostalgic.

 

[Luce]

Too bad those Canadian smugglers in the prohibition aren't still around, so good that they kept America supplied without serious interruption for most of prohibition. Great Lakes, steamers, Detroit Windsor Crossing, speedboats darting across the Detroit River, backroads and bribed railroad officials.

I'm almost nostalgic.

But they were gooood.

No worries.

Higher trade barriers mean more smugglers. Absolutely and without exception. Demonstrate a margin, and someone will pick it up. It's the beauty of the free market.

 

[maxparrish]

No worries.

Higher trade barriers mean more smugglers. Absolutely and without exception. Demonstrate a margin, and someone will pick it up. It's the beauty of the free market.

Attempts to strangle markets usually end up with unintended consequences. In the case of prohibition, it was worse than a tariff, it was an embargo. However, it also fueled the rise of Canadian distillery and a new source of competition for American distillers after prohibition was repealed.

In short, US policy 'reshored' (in a manner of speaking) the industry in Canada.

Whoops.