Ask Question
26 November, 21:48

Tariffs differ from taxes because tariffs are what?

+4
Answers (1)
  1. 26 November, 22:12
    0
    Taxes refer to ones income or purchases that have a certain percentage taken out upon a sale of during tax season for income. Tariffs on the other hand only apply to good being brought into or exiting the country. For instance, The united states could choose to create a tariff on cars coming into the country from Japan. This means that they would pay a fee or a certain percentage of the cars worth just to import it.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Tariffs differ from taxes because tariffs are what? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers