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U.S. Tariffs Penalize Back-to-School Shoppers

Posted By Bryan Riley On August 25, 2011 @ 2:00 pm In Featured | Comments Disabled

Though parents might be rejoicing that the time has come for their kids to head back to school, their happiness could be tempered by a little-known fact: They’re paying import taxes on everything from clothes to lunchboxes, musical instruments to pencils.

In 2010, the government collected $25.9 billion in tariffs on imported items. Shoppers paid a total of $13.9 billion in tariffs on products like jeans, t-shirts, and tennis shoes. Tariffs are a hidden tax that increases the price of many popular back-to-school items. In the chart below, you can see a breakdown on what is taxed–and by how much.

The back-to-school-supply tax [1]

Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org

URL to article: http://blog.heritage.org/2011/08/25/u-s-tariffs-penalize-back-to-school-shoppers/

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[1] Image: http://www.heritage.org/Multimedia/InfoGraphic/2010/08/The-Back-to-School-Supply-Tax

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