The price of every single good would go up, including all food - not just soda, diapers, toilet paper, toothpaste - everything.
Everything we consume is shipped and if the price of everything goes up the standard of living of everyone goes down. This would be a regressive tax that would disproportionately impact those who can least afford it.
This would be incredibly inflationary and hurt the poorest the most. Bad idea.
Everything we consume is shipped and if the price of everything goes up the standard of living of everyone goes down. This would be a regressive tax that would disproportionately impact those who can least afford it.
This would be incredibly inflationary and hurt the poorest the most. Bad idea.