Path: news.eternal-september.org!eternal-september.org!feeder3.eternal-september.org!fu-berlin.de!uni-berlin.de!individual.net!not-for-mail From: Jeff Liebermann Newsgroups: rec.bicycles.tech Subject: Re: Food Prices Date: Mon, 26 May 2025 11:39:15 -0700 Lines: 43 Message-ID: <1dc93klle0soginef8aiv56plmcjvamh4u@4ax.com> References: <9MKYP.163084$0DKa.113787@fx14.iad> <1012ba8$24gfr$1@dont-email.me> Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-Trace: individual.net gXlIUQhkoEAtFzKv8b605g5aV5spvM3ooWmyG6ZZ04oSbJ1Z8B Cancel-Lock: sha1:fdNL6Ht9rCMhlOLqo0f3U4BtdhE= sha256:T/g4cPx5Lm4JgazApsTvoWFFj0XXUgh1IJvPHIfBOr8= User-Agent: ForteAgent/8.00.32.1272 On Mon, 26 May 2025 13:18:49 -0500, AMuzi wrote: >On 5/26/2025 12:34 PM, Jeff Liebermann wrote: >> On Mon, 26 May 2025 17:24:06 GMT, cyclintom >> wrote: >> >>> On Sun May 25 18:28:31 2025 Shadow wrote: >>>> On Sun, 25 May 2025 20:07:33 GMT, cyclintom >>>> wrote: >>>> >>>>> At the local supermarket, food prices have been dropping like rocks. Take for instance, wine, Apothic red mixes just scant weeks ago were showing $16.99 reduced to $10.99. Now, the same thing is $10.99 reduced to $6.99. Bread is almost back to pre-Biden. I'm telling you, those tariffs are really killing us. Certainly not everything has gone down but I'm assuming that they soon will. >>>> >>>> So an increase in taxes lowered prices? >>>> Sounds like raising taxes is a good idea, then, and everything >>>> I learned about economy was wrong. >>>> []'s >>>> >>>> PS Maybe not for you. You can't drink alcohol. Read the >>>> absolute contraindications of your meds. >> >>> Where were taxes raised? >> >> A tariff is a tax on imported goods. The importer pays the tax, which >> is then passed on to distributors, dealers, and eventually individual >> buyers. >> >Mr Kunich's chosen plonk (Apothic) is domestic. Thanks. The importer or distributor probably does not pass on their increased tariff costs by individual items. The distributor probably also sells foreign wines that are subject to tariff taxation. My guess(tm) is that the distributor will pass on a single uniform percentage price increase across their entire wine inventory because it's easier to administer. If we see the price of domestic wines increase along with imported wines, that's a likely cause. -- Jeff Liebermann jeffl@cruzio.com PO Box 272 http://www.LearnByDestroying.com Ben Lomond CA 95005-0272 Skype: JeffLiebermann AE6KS 831-336-2558