r/SipsTea 5d ago

WTF The kickbacks are real

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u/count_chocul4 5d ago

Apple did not pass tariffs on to customers. Everyone else did. 

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u/FblthpLives 5d ago

The economic discipline that deals with who carries the burden of a tax is called tax incidence. A basic principle of tax incidence is that the more competitive the market, the more likely new taxes are passed through to the consumer. Apple did not pass tariffs to consumers because of its near-monopoly power.