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News & Current Events Apr 2, 2026 at 10:54 PM

Infographic: Who really pays for tariffs? These scholars tracked a bottle of wine to find out.

Posted by jediporcupine


Infographic: Who really pays for tariffs? These scholars tracked a bottle of wine to find out.
Reason.com
Infographic: Who really pays for tariffs? These scholars tracked a bottle of wine to find out.
A study published by the National Bureau of Economic Research tracked how tariffs impact producers, importers, distributors, and consumers.

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B-Z_B-S Apr 2, 2026 +18
The American people pay the cost of Trump's tariffs.
18
Rich_Housing971 Apr 2, 2026 +8
This infographic is leaving out the retaliatory tariffs on goods in the aggressor country that can easily be replaced if the tariffs are too vast, leading to job losses and a negative effect on the economy, and possibly even backfiring by helping out the originally targeted country overall.
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Brilliant-Advisor958 Apr 2, 2026 +3
And costs 10s of billions in farm bailouts because of those retaliatory tariffs.
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YesterShill Apr 2, 2026 +6
Tariffs are a national sales tax.
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entrepenurious Apr 3, 2026 +1
... and one that can't be itemized to lower one's IRS tax burden.
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maxburke Apr 2, 2026 +3
One of the more maddening aspects of the Trump era is that questions that are not questions get treated as if they are questions.There's not an honest difference of opinion when one side is knowiingly lying.
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ElysiumSprouts Apr 2, 2026 +3
I'm sure there's some valid info in here, but for the love of knowledge(!) did they have to pick wine as their example? Smh. Don't be the stereotype, Mr Scholars
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Hoodrow-Thrillson Apr 3, 2026 +1
In economics we call this the nominal incidence (what you think you're taxing) and the real incidence (who actually bears the burden of the tax). The real incidence always falls on individuals, no matter what you're taxing. But most people don't know that so taxes on "others" remain very popular with voters. Trump voters like tariffs because they think it's a tax on China. Corporate income taxes are very popular with Democrats because they think it's a billion dollar corporation paying that.
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