Here come the duties
Some things are mysterious. Some things are not. In a world where many people travel by air and pass through airports those shops that are marked duty free must seem very mysterious. I mean, a shop where they do not take your money period. We all know I hope the tariff and duty are synonymous. When you arrive in a duty free shop the government decides not to collect your money for objects that they sell you. Have I lost you yet? You see right now the United States government plans to collect tariffs from all and sundry fun stuff produced elsewhere. Synonymous with a sales tax but for a different jurisdiction. In fact if we jump to the obvious conclusion a tariff is just another way for government to take your money from you. Do those people who think that the president and his tariffs are not there to collect their money have a clue. Or are they by extension clueless. The opening of a new arm of the government called the external Revenue Service told me all I needed to know. This was a way for the government to collect more money from all and sundry. At least from those that travel. To be fair the last time I knowingly had to calculate what was meant by a tariff, it came with a different name. We used to buy photography equipment from another nation and in the calculation of cost we had to put in the amount of duty that we were going to remit to our own government. Not exactly a sales tax but just as much of a burden on the wallet. Giving 20% more for whatever you buy it’s hardly a way to keep your own costs down. The government gladly collects money. The taxpayer is not as apt to want to give that same money to the government so if there is a legal reason the government is going to do its best to make sure you pay for whatever it is. When the US government announced yesterday almost every nation in the world would have new tariffs applied did that not awaken consumers? I am looking forward in a way to seeing what the press has to say after today. Does anyone notice that they’re voluntarily paying more for the things they want. There will be a price to pay. Probably a recession on the economy. And it takes a long time to recover from such an event. I suggest that you go and redo your family budget because you now have less money to spend. And believe me, the government will spend that money but not necessarily for your good.
