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Tariff money collected. Where does it go?
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dittfarms
Posted 9/17/2018 21:04 (#6993636 - in reply to #6993429)
Subject: RE: Tariff money collected. Where does it go?


ottertail co mn
swmnfarmer - 9/17/2018 19:46

You do understand I hope that we are not collecting 200 billion in taxes it is a ten percent tax on 200 billion worth of goods now if they don’t ship us those goods there is no collections made also I hope you realize the tariff applied to soybeans is being collected by the Chinese so it is them that is making their people pay more for their food


Yes I understand that we are not collecting that much. But there are tariffs on imported goods from China. Who pays on those imports the first time and where does it go.

If the tariff is 25% there should be 500 million sitting somewhere....
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