By the laws of plain economics, raising taxes or imposing tariffs on companies that sell or produce …
Written on Friday, June 13th, 2008
By the laws of plain economics, raising taxes or imposing tariffs on companies that sell or produce a particular commodity, like cigar manufacturers, immediately results in a price hike of that commodity as companies rush to minimize their losses by passing the cost of the taxes or tariffs onto the consumers. We saw this last year [...]
continue reading original article at Camacho Coyolar Puro Rothschild - from the HumiBlog.com website.
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