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Free Lunch! The Silence of The Innumerate.
12 Feb 2026 5:22 pm
Research published on Thursday by economists at the Federal Reserve Bank of New York and Columbia University suggests that, through November 2025, 90 percent of the economic burden of the president’s tariffs fell on U.S. companies and consumers.
The economists reviewed the “incidence” of the tariffs — who ultimately pays the cost of new import taxes. When a good is brought into the country, the importer of record, often an American company, is first responsible for paying the tariff to the U.S. government. But the importer can pass that cost on to others by raising the prices it charges its customers, or by negotiating more favorable contracts with its suppliers.
ibid.
Would all the ******* MAGAts who continue to believe that the Supply Side Fairy is gonna take care of this please raise their heads?
The economists reviewed the “incidence” of the tariffs — who ultimately pays the cost of new import taxes. When a good is brought into the country, the importer of record, often an American company, is first responsible for paying the tariff to the U.S. government. But the importer can pass that cost on to others by raising the prices it charges its customers, or by negotiating more favorable contracts with its suppliers.
ibid.
Would all the ******* MAGAts who continue to believe that the Supply Side Fairy is gonna take care of this please raise their heads?