Comments on: Outdated Tariff Systems Means the Poor Pay More

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By: What I'm reading ed. 100617 | The Hermitage 3.0

What I'm reading ed. 100617 | The Hermitage 3.0 — Sat, 26 Feb 2011 05:57:17 +0000

[...] Tariffs hurt the poor more than the rich. The disparities are staggering. In his research, Gresser found that the tariff rate on a cashmere sweater is 4 percent; the rate for one made of much cheaper acrylic is 32 percent. A silk brassiere has a tariff rate of less than 3 percent, but the rate on a polyester one is slightly less than 17 percent. The tariff rate on a snakeskin handbag is just over 5 percent but climbs to 16 percent for one made of canvas. Similar variations occur when it comes to household goods. Drinking glasses that cost more than $5 each have a tariff of 3 percent, while those that cost less than 30 cents each have a rate of 28.5 percent. A silk pillowcase has a rate of 4.5 percent; this goes up to nearly 15 percent for one made of polyester. [...]

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By: The Generalized System of Preferences

The Generalized System of Preferences — Wed, 17 Nov 2010 03:53:56 +0000

[...] even worse, politically powerful well-heeled people have generally managed to make it the case that luxury goods are taxed more lightly than things ordinary folks [...]

By: The Generalized System of Preferences : South Capitol Street

The Generalized System of Preferences : South Capitol Street — Tue, 16 Nov 2010 22:49:49 +0000

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By: Yglesias » The Generalized System of Preferences

Yglesias » The Generalized System of Preferences — Tue, 16 Nov 2010 22:30:51 +0000

[...] even worse, politically powerful well-heeled people have generally managed to make it the case that luxury goods are taxed more lightly than things ordinary folks [...]